Mortgage Payment Calculator

Estimate payments by frequency, see interest/principal over your term, and preview the amortization.

Inputs

Mortgage amount (principal)Interest rate (annual %)

Amortization (years)Term (years)Payment frequency

Extra payment per period (optional)

Note: “Accelerated Bi-weekly” uses half of the standard monthly payment, paid 26 times/year—this speeds up principal reduction and lowers total interest.

Results

Payment per period

$3,595.49

Monthly (12×/yr)

Periods to payoff (est.)

300

Includes extra payments if any

Interest over term

$149,307

Principal over term

$66,422

Balance after term

$533,578

Schedule preview (first 24 monthly periods)

#	Interest	Principal	Balance
1	$2,625.00	$970.49	$599,029.51
2	$2,620.75	$974.73	$598,054.78
3	$2,616.49	$979.00	$597,075.78
4	$2,612.21	$983.28	$596,092.51
5	$2,607.90	$987.58	$595,104.92
6	$2,603.58	$991.90	$594,113.02
7	$2,599.24	$996.24	$593,116.78
8	$2,594.89	$1,000.60	$592,116.18
9	$2,590.51	$1,004.98	$591,111.20
10	$2,586.11	$1,009.37	$590,101.83
11	$2,581.70	$1,013.79	$589,088.04
12	$2,577.26	$1,018.23	$588,069.81
13	$2,572.81	$1,022.68	$587,047.13
14	$2,568.33	$1,027.16	$586,019.97
15	$2,563.84	$1,031.65	$584,988.32
16	$2,559.32	$1,036.16	$583,952.16
17	$2,554.79	$1,040.70	$582,911.47
18	$2,550.24	$1,045.25	$581,866.22
19	$2,545.66	$1,049.82	$580,816.40
20	$2,541.07	$1,054.41	$579,761.98
21	$2,536.46	$1,059.03	$578,702.95
22	$2,531.83	$1,063.66	$577,639.29
23	$2,527.17	$1,068.31	$576,570.98
24	$2,522.50	$1,072.99	$575,497.99

Want the full month-by-month breakdown? Open the Amortization Schedule tool.

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Educational estimate only. Calculations use per-period compounding and may differ from lender methods (e.g., semi-annual compounding). Confirm exact payments with your lender.

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