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30-Year Mortgage Calculator

The most common mortgage — lowest monthly payment, most total interest.

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The 30-year fixed is the most popular mortgage because it has the lowest monthly payment. This calculator defaults to a 30-year term; check the Amortization tab to see how much of your early payments go to 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.

Frequently asked questions

Why is the 30-year mortgage so popular?

The long term keeps monthly payments low and predictable. The tradeoff is paying more interest overall than a shorter term.

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