Mortgage Amortization Calculator

Understanding how your mortgage payments are structured over time is essential for financial planning. Our Mortgage Amortization Calculator helps you break down your monthly mortgage payments into principal and interest, giving you a clear picture of how much you’ll pay over the life of the loan. With this tool, you can see how each payment reduces your loan balance and how much interest you’ll pay over time. The calculator also generates a full amortization schedule, allowing you to see your payments year by year and month by month.

  • Loan Amount – Enter the total amount you plan to borrow for your mortgage.
  • Loan Term (Years) – Select the number of years for your mortgage term (e.g., 10, 15, 20, 30 years).
  • Interest Rate (%) – Enter the annual interest rate for the loan (e.g., 6.5 for 6.5%).
  • First Payment Date – Choose the date of your first mortgage payment. This helps generate an accurate amortization schedule.

Mortgage Loan Amount

Loan Term (Years)

Interest Rate

First Payment Date

Mortgage Loan Breakdown

Monthly Principle & Interest $

Total Interest $

Total Cost of Loan $



*These calculators are provided only as general self-help Planning Tools. Results depend on other factors.



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