Free Mortgage Calculator With Loan Amortization Schedule

This free mortgage amortization calculator shows how much of your monthly mortgage payment will go toward principal and interest over the life of your loan. The calculator also gives you the option to include your property tax and/or PMI so that you can have a more realistic estimate of the monthly payment amount.

Enter the loan amount, interest rate, loan term, property tax, and PMI to see the monthly payment, principal and interest paid. The calculator also gives you the amortization schedule in monthly and yearly format, along with charts.

Your home may be the biggest purchase you make in your lifetime, so be sure you are getting the best deal you can. You can find mortgage lenders and their rates by following one of the links on the sidebar.

Mortgage Parameters
Loan amount: $
Interest rate: %
Loan term: years
Property tax: %
PMI: %

Output Parameters

Mortgage Summary
Amount:$100,000.00Payment: $777.90
Term:30 yearsPeriods:360
Total Interest:$127,544.49Interest rate:6.50%
Property Tax:1.25%Total tax:$37,500.00
PMI rate:0.50%Total PMI:$15,000.00

Monthly Versus Bi-Weekly Payments
Monthly:$777.90Bi-Weekly: $383.34
Total Interest:$127,544.49Total Interest:$97,967.92
Total Interest Savings: $29,576.57
72 months shorter loan

YearInterestPrincipalBalance
16,467.091,117.7398,882.27
26,392.231,192.5897,689.69
36,312.371,272.4596,417.24
46,227.151,357.6795,059.57
56,136.221,448.6093,610.98
66,039.211,545.6192,065.37
75,935.691,649.1290,416.24
85,825.251,759.5788,656.68
95,707.411,877.4186,779.27
105,581.672,003.1484,776.13
115,447.522,137.3082,638.83
125,304.382,280.4480,358.39
135,151.662,433.1677,925.23
144,988.702,596.1175,329.12
154,814.842,769.9872,559.14
164,629.332,955.4969,603.65
174,431.393,153.4366,450.23
184,220.203,364.6263,085.61
193,994.873,589.9559,495.66
203,754.443,830.3855,665.28
213,497.914,086.9051,578.38
223,224.214,360.6147,217.77
232,932.174,652.6542,565.12
242,620.574,964.2537,600.87
252,288.115,296.7132,304.16
261,933.385,651.4426,652.72
271,554.896,029.9320,622.79
281,151.056,433.7614,189.03
29720.176,864.657,324.38
30260.437,324.380.00

Mortgage Rates

Purchase RatesRefinancing Rates
LT

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