Mortgage calculator

Tools

Estimate what a purchase costs per month. Change the currency, down payment, rate and term; the schedule updates instantly.

Property price

Currency

Down payment20% · $24,000

Annual interest rate7.5%

Term15 years

Sample rates are illustrative. Banks quote their own rates, fees and insurance; income rules and currency restrictions differ by country.

Monthly payment

$890

Loan amount

$96,000

Total interest

$64,188

67% of the loan

Principal $96,000Interest $64,188

Year	Principal paid	Interest paid	Remaining
1	$3,601	$7,078	$92,399
2	$3,881	$6,798	$88,518
3	$4,182	$6,497	$84,336
4	$4,507	$6,172	$79,829
5	$4,857	$5,822	$74,972
6	$5,234	$5,445	$69,738
7	$5,640	$5,039	$64,098
8	$6,078	$4,601	$58,020
9	$6,550	$4,129	$51,471
10	$7,058	$3,621	$44,412
11	$7,606	$3,073	$36,806
12	$8,197	$2,483	$28,609
13	$8,833	$1,846	$19,776
14	$9,519	$1,160	$10,258
15	$10,258	$421	$0