Mortgage Calculator
Results
Enter values to see results.
How Mortgage Calculation Works
The mortgage calculator estimates monthly payments using a standard amortization formula based on loan amount, interest rate, and loan term.
Formula
M = P × [r(1+r)n] / [(1+r)n − 1]
Example
$300,000 loan at 6.5% for 30 years ≈ $1,896/month
FAQ
Does this include taxes? No, only principal & interest.