Complete Mortgage Calculator
Comprehensive mortgage and home buying calculator. Calculate monthly payment, affordability, closing costs, PMI, and compare 15 vs 30-year terms. Includes rent vs buy analysis, refinance calculator, and amortization schedule.
Inputs
Purchase price of the home
Down payment as percentage of home price (< 20% requires PMI)
Annual mortgage interest rate
Additional principal payment each month
Summary
Total Monthly Payment
$2,427.62
Principal vs Interest by Year
Monthly Payment Breakdown
15 vs 30 Year Comparison
Amortization Schedule
360 rows| Month | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | $2,022.62 | $289.28 | $1,733.33 | $319,710.72 |
| 2 | $2,022.62 | $290.85 | $1,731.77 | $319,419.86 |
| 3 | $2,022.62 | $292.43 | $1,730.19 | $319,127.44 |
| 4 | $2,022.62 | $294.01 | $1,728.61 | $318,833.43 |
| 5 | $2,022.62 | $295.6 | $1,727.01 | $318,537.82 |
| 6 | $2,022.62 | $297.2 | $1,725.41 | $318,240.62 |
| 7 | $2,022.62 | $298.81 | $1,723.8 | $317,941.8 |
| 8 | $2,022.62 | $300.43 | $1,722.18 | $317,641.37 |
| 9 | $2,022.62 | $302.06 | $1,720.56 | $317,339.31 |
| 10 | $2,022.62 | $303.7 | $1,718.92 | $317,035.62 |
| 11 | $2,022.62 | $305.34 | $1,717.28 | $316,730.27 |
| 12 | $2,022.62 | $307 | $1,715.62 | $316,423.28 |
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