Real Estate

Mortgage Calculator

Estimate your monthly payments and total loan cost.

Home Price$300k
$50k$2000k
Down Payment$60k (20%)
$0k (0%)$240k (80%)
Loan Term30 yrs
5 yrs30 yrs
Interest Rate7.0%
1.0%15.0%

Estimated Monthly Payment

$2,047

Principal + interest + tax + insurance

Principal & Interest$1,597/mo
Property Tax (est.)$300/mo
Home Insurance (est.)$150/mo

Loan Amount

$240,000

Total Interest

$334,821

Total Cost

$634,821

Down Payment

$60,000 (20%)

Amortization Schedule

Quick Reference

10 year

$2,787/mo

Total: $334,392

15 year

$2,157/mo

Total: $388,294

20 year

$1,861/mo

Total: $446,572

30 year

$1,597/mo

Total: $574,821