Finance
Mortgage calculator
Estimate your monthly payment, total interest and how your mortgage balance decreases over time.
Loan amount
160,000.00
Monthly payment
810.70
Total interest
131,850.74
Total paid to the lender
291,850.74
Down payment as a share of the price
20.00%
Duration
30 years
Saldo pendiente
Mathematical estimate with fixed payments. It does not include insurance, taxes, fees, closing costs, or a lender’s specific terms.
Frequently asked questions
What does this tool calculate?
It estimates the loan amount, monthly payment, total interest and remaining balance using a fixed-payment repayment schedule.
Does it include insurance or taxes?
No. It is a mathematical calculation and does not include insurance, taxes, fees, or closing costs.
Can I include a down payment?
Yes. The down payment is subtracted from the property price to calculate the loan amount.