A 20-year term sits between the low payments of a 30-year loan and the fast payoff of a 15-year loan. This calculator defaults to a 20-year term so you can see the balance of monthly cost and total interest.
How this calculator works
Enter your numbers and the monthly payment recalculates instantly — no submit button, no page reload. The payment breakdown separates principal, interest, taxes, insurance, PMI and HOA. Use the tabs to view a full amortization schedule, compare scenarios side by side, or work backward from a monthly budget. Your inputs are encoded in the page link so you can bookmark or share a scenario without any account.