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Comprehensive Mortgage Calculator

Free mortgage calculator with biweekly payments, amortization schedules, DTI calculator, PITI mortgage calculator, and comprehensive loan analysis. Calculate how much you can borrow, monthly payments, compare loan options, and determine what you can afford. Includes Santander affordability calculator, Scotia mortgage payment calculator, Skipton affordability calculator, TD mortgage penalty calculator, total interest paid calculator, and front end ratio calculator.

Loan Details
Enter your mortgage information to get accurate calculations

$300,000

20.0% of home price ($60,000)

Additional Costs
Monthly expenses beyond mortgage

$3,000

$1,200

Required if down payment < 20% ($0)

$0

Extra Payments
Pay off your mortgage faster

Monthly Payment

$1,517

Principal & Interest

Total Monthly

$1,867

Including all costs

Total Interest

$306,107

Over life of loan

Total Cost

$546,107

Principal + Interest

Payment Breakdown

Total Cost

$546,107
Over 30 years

Principal

$240,000
43.9% of total

Interest

$306,107
56.1% of total

Payment Breakdown

Principal43.9%
$240,000
Interest56.1%
$306,107
Interest vs Principal Ratio
You'll pay 56% in interest
That's $66,107 more than the original loan amount
Amortization Schedule
See how your loan balance decreases over time
YearPaymentPrincipalInterestBalance
1$1,517$217$1,300$239,783
1$1,517$230$1,287$237,317
2$1,517$246$1,271$234,455
3$1,517$262$1,255$231,401
4$1,517$280$1,237$228,143
5$1,517$298$1,219$224,666
6$1,517$318$1,199$220,957
7$1,517$340$1,177$216,999
8$1,517$362$1,155$212,776
9$1,517$387$1,130$208,270
10$1,517$413$1,104$203,463
11$1,517$440$1,077$198,333
12$1,517$470$1,047$192,860
13$1,517$501$1,016$187,021
14$1,517$535$982$180,790
15$1,517$571$946$174,142
16$1,517$609$908$167,049
17$1,517$650$867$159,481
18$1,517$693$824$151,405
19$1,517$740$777$142,790
20$1,517$789$728$133,597
21$1,517$842$675$123,788
22$1,517$898$619$113,323
23$1,517$958$559$102,156
24$1,517$1,023$494$90,242
25$1,517$1,091$426$77,530
26$1,517$1,164$353$63,967
27$1,517$1,242$275$49,495
28$1,517$1,325$192$34,054
29$1,517$1,414$103$17,579
30$1,517$1,509$8$0

How to Use Our Comprehensive Mortgage Calculator

Our comprehensive mortgage calculator helps you estimate your monthly home loan payments, biweekly mortgage payments, amortization schedules, PITI mortgage payments, and understand the total cost of your mortgage. Whether you're a first-time homebuyer, refinancing, calculating DTI ratios, or using Santander affordability calculator, Scotia mortgage payment calculator, or Skipton affordability calculator, our tool provides accurate calculations to help you make informed decisions. Includes total interest paid calculator, TD mortgage penalty calculator, and mortgage calculator with taxes and insurance.

Key Features

Monthly Payment Calculator:Calculate your principal and interest payments based on loan amount, interest rate, and loan term.
Amortization Schedule:View detailed breakdown of how your payments are applied to principal and interest over time.
Loan Comparison:Compare two different mortgage scenarios side-by-side to find the best option.
Affordability Calculator:Determine how much house you can afford based on your income and debts.
Extra Payment Analysis:See how additional payments can save you thousands in interest and shorten your loan term.
Refinance Calculator:Estimate your savings and new monthly payments if you choose to refinance.
Biweekly Mortgage Calculator:Calculate biweekly mortgage payments to save thousands in interest and pay off your loan faster.
DTI Calculator:Calculate your debt-to-income ratio to determine mortgage qualification and affordability.
Mortgage Payoff Calculator:Calculate mortgage payoff with extra principal payments to see how much you can save.

Understanding Your Mortgage Payment

Your total monthly mortgage payment typically includes four components (PITI): Principal, Interest, Taxes, and Insurance. Our calculator accounts for all these factors plus PMI and HOA fees to give you the most accurate estimate possible.