Mortgage Calculator

Calculator Tools

Monthly payment, total interest & extra-payment savings

FreePrivateInstant
Loan amount
Interest rate (% per year)
Loan term (years)
Extra payment each month (optional)
Full guide, 4 min readHome loan: where your EMI goes in year 1 and in year 20Read the story behind this tool →
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  1. Choose how tall the frame should be.
  2. Press Copy code.
  3. Paste it into your page, blog, WordPress or Notion HTML block.
Height

The tool runs inside your visitor's browser, nothing is uploaded, and a small "Powered by ToolCloak" line stays under it. The second line (script) is optional: it makes the frame fit the tool's height.

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History

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Mortgage Calculator — at a glance

Find your monthly mortgage payment and see how extra payments shorten the loan and cut interest.

Loan details
300,000 at 6.5%
30 years
Calculate Mortgage
Payment
1,896 / month

How to use it — step by step

Loan amount, yearly interest rate, loan term and an optional extra monthly payment.

1

Enter your numbers

Fill in the fields — sensible example values are already filled in.

2

Pick your options

Choose any dropdowns or switches that apply to your case.

3

Calculate Mortgage

Press the button. The result is created instantly on your device.

4

Read the answer

The main answer is shown big at the top, with details below it.

Pro tips

Small things that make the result better.

✦Even a small extra payment every month can remove years from a 30-year loan.
✦A shorter term has a higher payment but far less total interest.
✦Remember to add property tax, insurance and maintenance to your budget.

Quick facts

Freeno signup, no limit
Instantresult in a moment
Privatenothing is uploaded
Any devicephone, tablet or PC

Frequently Asked Questions

How is the payment calculated?+

Payment = P × r × (1+r)^n ÷ ((1+r)^n − 1), where r is the monthly rate and n is the number of months.

Does it work for any currency?+

Yes. The numbers are shown without a currency symbol, so use your own currency.

Is my data safe?+

Yes. Everything runs inside your own browser. Your text, files and images are never uploaded to any server.

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