Mortgage Calculator
PopularCalculate monthly mortgage repayments, total interest, and view a full amortisation schedule.
Loan details
Principal vs interest by year
Amortisation schedule
| Month | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | 1,535.22 | 389.39 | 1,145.83 | 249,610.61 |
| 2 | 1,535.22 | 391.17 | 1,144.05 | 249,219.44 |
| 3 | 1,535.22 | 392.96 | 1,142.26 | 248,826.48 |
| 4 | 1,535.22 | 394.76 | 1,140.45 | 248,431.72 |
| 5 | 1,535.22 | 396.57 | 1,138.65 | 248,035.14 |
| 6 | 1,535.22 | 398.39 | 1,136.83 | 247,636.75 |
| 7 | 1,535.22 | 400.22 | 1,135.00 | 247,236.54 |
| 8 | 1,535.22 | 402.05 | 1,133.17 | 246,834.48 |
| 9 | 1,535.22 | 403.89 | 1,131.32 | 246,430.59 |
| 10 | 1,535.22 | 405.75 | 1,129.47 | 246,024.85 |
| 11 | 1,535.22 | 407.60 | 1,127.61 | 245,617.24 |
| 12 | 1,535.22 | 409.47 | 1,125.75 | 245,207.77 |
Enter a loan amount and interest rate to see your monthly repayment and amortisation schedule.
How to use
- 1
Enter your loan details
Type your loan amount, annual interest rate, and choose a term in years. Use the quick-select buttons for common terms.
- 2
Review your monthly payment
Your monthly repayment, total payment over the loan's life, and total interest are calculated and displayed instantly.
- 3
Explore the amortisation schedule
Scroll through the month-by-month breakdown showing principal, interest, and remaining balance for every payment.
- 4
Compare different terms
Switch between 15, 20, 25, and 30-year terms to see how the term length affects your monthly payment and total interest.
Frequently asked questions
How is the monthly payment calculated?
Does this include taxes and insurance?
Can I use this for interest-only mortgages?
Is my data sent anywhere?
Enter your loan amount, annual interest rate, and term to see your
monthly mortgage repayment calculated instantly. View the total cost
over the life of the loan and the total interest paid. An amortisation
schedule breaks down every month into principal, interest, and remaining
balance. A visual chart shows how the principal-to-interest ratio shifts
over time. Quick-select from 15, 20, 25, or 30-year terms. All
calculations run in your browser with no data sent to any server.
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