Mortgage Calculator – Estimate Payments Online Free

Calculate your monthly mortgage payments and see total interest. 100% free · Instant results · Works in your browser.

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Payment Frequency:

Loan Amount:

Monthly Payment:

Total Payments:

Total Interest:

How to Use Mortgage Calculator (3 Easy Steps)

  1. Enter home price, down payment, loan term, and interest rate
  2. Choose your payment frequency (monthly is most common)
  3. Click “Calculate” – see your monthly payment and total costs instantly

Frequently Asked Questions

Is this mortgage calculator free?

Yes – 100% free, unlimited use, no signup required.

Does it include taxes or insurance?

No, this calculates principal and interest only. Add property taxes, insurance, and HOA separately for full payment.

What is a good down payment?

20% is ideal to avoid PMI. Lower is possible but may increase costs.

How does payment frequency affect the loan?

Weekly or bi-weekly payments can reduce total interest and pay off the loan faster.

Is the calculation accurate?

Yes! It uses the standard amortizing loan formula for fixed-rate mortgages.