Mortgage Calculator

Use this mortgage calculator to calculate your monthly mortgage payments, total payment, total interest, loan to value ratio, monthly interest rate, number of payments, and principal.

When buying a home, it is recommended to put down at least 20% of the home price as a down payment. This will help you avoid paying private mortgage insurance (PMI).

Note: This calculator will not calculate PMI.


Enter Mortgage Details
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Results
Monthly Payment
$1,077.71
Total Payment
$387,974.61
Total Interest
$147,974.61
Loan to Value Ratio
80%
Monthly Interest Rate
0.292%
Number of Payments
360.00
Principal
$240,000.00