Calculate your monthly mortgage repayment, total interest paid, and full amortization breakdown for any home loan. Enter your loan amount, interest rate, and loan term to see exactly what you'll pay.
Your monthly mortgage payment (principal and interest) is calculated using the standard amortization formula:
M = P × [r(1+r)ⁿ] ÷ [(1+r)ⁿ – 1]
Where P = loan principal, r = monthly interest rate (annual rate ÷ 12), and n = total number of monthly payments. In early years, most of your payment goes to interest; over time, more goes toward principal.
| Loan Amount | Rate | 30-yr Monthly (P&I) | Total Interest |
|---|---|---|---|
| $250,000 | 6.0% | $1,499 | $289,595 |
| $400,000 | 6.5% | $2,528 | $510,177 |
| $500,000 | 7.0% | $3,327 | $697,544 |
| $750,000 | 6.5% | $4,740 | $956,581 |