Mortgage Calculator

Estimate a monthly home payment and see the cost of borrowing.

How this calculator works

Enter the values for property price, down payment, annual interest (%), duration (years). The result applies the displayed method and rounds only for presentation.

Formula / method

Loan payment plus optional ownership costs

Worked example

Worked example: Property price = 400000; Down payment = 80000; Annual interest (%) = 6.5; Duration (years) = 30.

Assumptions and limitations

The inputs use the units shown and the displayed mortgage calculator method applies to the situation being estimated.

This mortgage calculator uses the stated formula and supplied units; unusual inputs, local rules or professional context can change the interpretation.

Informational only: this estimate is not financial advice. Actual rates, fees, taxes and lender or market terms may differ.