Mortgage Calculator

HOW TO USE: Replace the yellow shaded values in the Mortgage Details table

with your own values. The other values are calculated for you.

Mortgage Details Monthly Payment by Interest Rate

$2,100
Purchase price $350,000

% down payment 10% $2,025 $2,036

Interest rate 4.250%
$1,950
Mortgage length (years) 20 $1,951
Down payment $35,000
$1,875
Loan amount $315,000 $1,868

Payment with principal $1,951 $1,800

3.750% 4.250% 4.750%

Possible Payments
Interest rate / Loan amount 3.750% 4.000% 4.250% 4.500% 4.750%

$243,741 $1,445 $1,477 $1,509 $1,542 $1,575

$256,569 $1,521 $1,555 $1,589 $1,623 $1,658

$270,073 $1,601 $1,637 $1,672 $1,709 $1,745

$284,288 $1,686 $1,723 $1,760 $1,799 $1,837

$299,250 $1,774 $1,813 $1,853 $1,893 $1,934

$315,000 $1,868 $1,909 $1,951 $1,993 $2,036

$330,750 $1,961 $2,004 $2,048 $2,092 $2,137

$347,288 $2,059 $2,104 $2,151 $2,197 $2,244

$364,652 $2,162 $2,210 $2,258 $2,307 $2,356

$382,884 $2,270 $2,320 $2,371 $2,422 $2,474

$402,029 $2,384 $2,436 $2,490 $2,543 $2,598

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 Tax Information

Tax rate 35% Tax savings may not be available in all locations

Monthly Data
Cumulative
Period in Principal Cumulative Interest Principal Tax
interest
months payment principal payment payment balance savings
payment

1 -$834.96 -$834.96 -$1,115.63 -$1,115.63 $314,165.04

2 -$837.92 -$1,672.88 -$1,112.67 -$2,228.29 $313,327.12

3 -$840.89 -$2,513.77 -$1,109.70 -$3,337.99 $312,486.23

4 -$843.87 -$3,357.64 -$1,106.72 -$4,444.72 $311,642.36

5 -$846.86 -$4,204.49 -$1,103.73 -$5,548.45 $310,795.51

6 -$849.85 -$5,054.35 -$1,100.73 -$6,649.18 $309,945.65

7 -$852.86 -$5,907.21 -$1,097.72 -$7,746.91 $309,092.79

8 -$855.88 -$6,763.10 -$1,094.70 -$8,841.61 $308,236.90

9 -$858.92 -$7,622.01 -$1,091.67 -$9,933.28 $307,377.99

10 -$861.96 -$8,483.97 -$1,088.63 -$11,021.91 $306,516.03

11 -$865.01 -$9,348.98 -$1,085.58 -$12,107.49 $305,651.02

12 -$868.07 -$10,217.06 -$1,082.51 -$13,190.00 $304,782.94 $4,616.50

24 -$905.69 -$20,876.90 -$1,044.89 -$25,937.23 $294,123.10 $4,461.53

36 -$944.95 -$31,998.72 -$1,005.64 -$38,222.47 $283,001.28 $4,299.84

48 -$985.90 -$43,602.53 -$964.69 -$50,025.73 $271,397.47 $4,131.14

60 -$1,028.62 -$55,709.22 -$921.96 -$61,326.10 $259,290.78 $3,955.13

72 -$1,073.20 -$68,340.59 -$877.39 -$72,101.79 $246,659.41 $3,771.49

84 -$1,119.71 -$81,519.37 -$830.88 -$82,330.07 $233,480.63 $3,579.90

96 -$1,168.24 -$95,269.29 -$782.35 -$91,987.21 $219,730.71 $3,380.00

108 -$1,218.87 -$109,615.10 -$731.72 -$101,048.46 $205,384.90 $3,171.44

120 -$1,271.69 -$124,582.63 -$678.90 -$109,488.00 $190,417.37 $2,953.84

132 -$1,326.80 -$140,198.81 -$623.79 -$117,278.88 $174,801.19 $2,726.81

144 -$1,384.30 -$156,491.77 -$566.29 -$124,392.99 $158,508.23 $2,489.94

156 -$1,444.30 -$173,490.82 -$506.29 -$130,801.00 $141,509.18 $2,242.80

168 -$1,506.89 -$191,226.58 -$443.70 -$136,472.30 $123,773.42 $1,984.96

180 -$1,572.19 -$209,730.96 -$378.40 -$141,374.99 $105,269.04 $1,715.94

192 -$1,640.33 -$229,037.28 -$310.26 -$145,475.73 $85,962.72 $1,435.26

204 -$1,711.42 -$249,180.29 -$239.17 -$148,739.78 $65,819.71 $1,142.42

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 Cumulative
Period in Principal Cumulative Interest Principal Tax
interest
months payment principal payment payment balance savings
payment

216 -$1,785.58 -$270,196.25 -$165.00 -$151,130.88 $44,803.75 $836.89

228 -$1,862.97 -$292,123.00 -$87.62 -$152,611.20 $22,877.00 $518.11

240 -$1,943.70 -$315,000.00 -$6.88 -$153,141.26 $0.00 $185.52

252 $0.00 -$315,000.00 $0.00 -$153,141.26 $0.00 $0.00

264 $0.00 -$315,000.00 $0.00 -$153,141.26 $0.00 $0.00

276 $0.00 -$315,000.00 $0.00 -$153,141.26 $0.00 $0.00

288 $0.00 -$315,000.00 $0.00 -$153,141.26 $0.00 $0.00

300 $0.00 -$315,000.00 $0.00 -$153,141.26 $0.00 $0.00

312 $0.00 -$315,000.00 $0.00 -$153,141.26 $0.00 $0.00

324 $0.00 -$315,000.00 $0.00 -$153,141.26 $0.00 $0.00

336 $0.00 -$315,000.00 $0.00 -$153,141.26 $0.00 $0.00

348 $0.00 -$315,000.00 $0.00 -$153,141.26 $0.00 $0.00

360 $0.00 -$315,000.00 $0.00 -$153,141.26 $0.00 $0.00

372 $0.00 -$315,000.00 $0.00 -$153,141.26 $0.00 $0.00

384 $0.00 -$315,000.00 $0.00 -$153,141.26 $0.00 $0.00

396 $0.00 -$315,000.00 $0.00 -$153,141.26 $0.00 $0.00

408 $0.00 -$315,000.00 $0.00 -$153,141.26 $0.00 $0.00

420 $0.00 -$315,000.00 $0.00 -$153,141.26 $0.00 $0.00

432 $0.00 -$315,000.00 $0.00 -$153,141.26 $0.00 $0.00

444 $0.00 -$315,000.00 $0.00 -$153,141.26 $0.00 $0.00

456 $0.00 -$315,000.00 $0.00 -$153,141.26 $0.00 $0.00

468 $0.00 -$315,000.00 $0.00 -$153,141.26 $0.00 $0.00

480 $0.00 -$315,000.00 $0.00 -$153,141.26 $0.00 $0.00

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