Buyer planning tool
Mortgage Calculator
Use this simple calculator to estimate principal and interest, then add optional monthly ownership costs when you want a fuller carrying-cost picture.
Estimated monthly cost
$1,288
Monthly ownership cost
Principal + interest$1,288 /mo
Loan amount$240,000
Down payment20.0%
Total interest$223,814
This is an illustrative estimate only. It excludes closing costs, bank fees, appraisal fees, life insurance requirements, final tax treatment, and lender approval terms.
Mortgage inputs
Adjust the scenario
Loan term