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Toolbench

Mortgage calculator

Estimate monthly mortgage payments and total interest over the term. Free online mortgage calculator with schedule.

In your browser

About this tool

See what a home loan will cost each month and over its whole term. Change the rate or term to compare offers.

How to use it

  1. 1 Enter the loan amount.
  2. 2 Enter the yearly interest rate and the term.
  3. 3 Read the monthly payment and open the schedule.

Questions

What is EMI?

Equated monthly installment: the fixed amount you pay each month, covering interest and part of the principal.

Is my data uploaded?

No. This tool runs in your browser, so your text and files never reach our server.

Is this tool free?

Yes. It’s free to use with no sign-up and no limits for normal use.