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Mortgage Payment Calculator

Calculate your monthly mortgage payment, total interest paid, and total cost of your home loan with amortization breakdown.

Calculation Inputs

Calculation Results

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Enter inputs on the left and click Calculate to view results.

Formula & Methodology

PMT = P × r(1+r)^n / ((1+r)^n - 1)

Calculates monthly principal & interest payment using the standard amortization formula.

Frequently Asked Questions

Does this include taxes and insurance?

No, this calculates principal and interest only. Add property tax and homeowner's insurance separately.