Mortgage Amortization Calculator

Estimate your monthly principal and interest payments for the entire length of your loan.
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Amortization Schedule
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Total
Balance
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Payment Date
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Balance
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QuestionMarksTool
Thingsto Know
How do I use this calculator?

Our mortgage loan Amortization Calculator helps you determine what you will pay – month by month – for your mortgage loan.

To use this simple loan payment calculator, enter your loan amount, interest rate, and loan term. The calculator will show you the estimated monthly payment and total interest to be paid over the length of the loan (for fixed- or adjustable-rate mortgages).

What will the amortization table show me?

This printable amortization schedule shows the principal and interest payments throughout the life of your loan and will give you a clear idea of your monthly mortgage payment amount. We do recommend talking with one of our loan originators to get the most accurate idea of your payment schedule, but this is an easy way to get some initial numbers.

How do I know what I can afford to pay each month?

Our loan originators can give you the most detailed answer to this question, by taking a look at your income, expenses, etc. But, if you want an approximate idea, check out our Mortgage Payment Calculator.

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*All loan requests are subject to credit approval as well as specific loan program requirements and guidelines. With Adjustable Rate Mortgage loans, the rate is variable and may increase or decrease every year after the initial fixed rate period based on changes to an index. This could result in an increase in the monthly payment.

The calculated results shown above are based on conventional loan program guidelines. Other loan programs are available and may provide results that better fit your individual needs. Calculations completed within this tool are estimates and are not guaranteed to be accurate. Payments shown do not include amounts for taxes and insurance; actual payment obligation will be greater. This calculator assumes an owner-occupied, primary residence using agency conforming loan terms on a home purchase and a 640 credit score. PMI calculations use standard monthly premiums for fixed rate terms.Reduced premium and financed PMI may reduce costs. Actual PMI costs will vary based on loan program, loan purpose, credit score and other factors. Contact your loan officer for details.