वित्त loanMortgage Calculator

Mortgage Calculator

Calculate your monthly mortgage payments, total interest, and amortization schedule. Compare different loan terms and interest rates.

उदाहरण गणना

डिफ़ॉल्ट मान: amount: 300,000 | rate: 6.5 | years: 30

मासिक भुगतान

$1,896

कुल भुगतान

$682,633

कुल ब्याज

$382,633

अपने नंबर से आज़माएं

A mortgage is likely the largest financial commitment you will ever make. Understanding your monthly payments, total interest costs, and amortization schedule is essential for making informed home-buying decisions.

सुझाव

1A 15-year mortgage has higher monthly payments but saves tens of thousands in interest vs. a 30-year term.
2Even one extra payment per year can shave years off your mortgage and save thousands in interest.
3Shop around for mortgage rates — even a 0.25% difference adds up to thousands over the life of the loan.
4Consider the total cost of homeownership including taxes, insurance, maintenance, and HOA fees.
5Put at least 20% down to avoid private mortgage insurance (PMI).

अक्सर पूछे जाने वाले प्रश्न

What is a good mortgage interest rate?

Mortgage rates fluctuate with economic conditions. A 'good' rate is generally at or below the current market average. Check current rates from multiple lenders and consider both fixed and adjustable-rate options.

How much house can I afford?

A common guideline is that your total monthly housing costs (mortgage, taxes, insurance) should not exceed 28% of your gross monthly income. Your total debt payments should stay below 36%.

Should I choose a 15-year or 30-year mortgage?

A 30-year mortgage has lower monthly payments, providing more flexibility. A 15-year mortgage has higher payments but significantly less total interest. Choose based on your financial situation and goals.