Editable market rates
Mortgage Calculator
Calculate your monthly mortgage payments, see the full amortization schedule, and check affordability. Works for both residential and buy-to-let mortgages.
Full US monthly payment (PITI + PMI + HOA)
Real out-of-pocket cost — not just P&I. Adjust state, insurance, HOA, and loan type to match your deal.
Total monthly (PITI)
$1,588
LTV 75% · Loan $225,000
Principal & Interest$1,251
Property tax (0.75%)$188
Home insurance$150
Mortgage Details
$75,000
Loan-to-Value:
75% LTV
Market avg: 4.5%
25 years
Monthly Payment
$1,251
Principal + Interest
Total Interest
$150,187
Over 25 years
Total to Repay
$375,187
Principal + Interest
LTV:75%
Loan:$225,000
Type:Residential
First 5 Years Breakdown
See how your payments are split between principal and interest
Year 1Balance: $220,016
Principal: $4,984Interest: $10,023
Year 2Balance: $214,802
Principal: $5,213Interest: $9,794
Year 3Balance: $209,349
Principal: $5,453Interest: $9,555
Year 4Balance: $203,646
Principal: $5,703Interest: $9,304
Year 5Balance: $197,680
Principal: $5,965Interest: $9,042
Recommendations
Monthly Payment Formula
M = P × [r(1+r)ⁿ] / [(1+r)ⁿ-1]
Where M = monthly payment, P = principal (loan amount), r = monthly interest rate (annual rate ÷ 12), and n = total number of payments (years × 12).