Fixed Rate Mortgage Calculator

Our fixed rate mortgage calculator can help you calculate your minimum monthly payment and how much interest you’ll pay throughout the course of your loan. It also provides a complete amortization schedule so you can see how the loan payments break down over time.

To use this calculator, enter the full loan amount, the interest rate, and the term of the loan in months.

Fixed Rate Mortgage Calculator

Loan Amount:
Interest Rate:
Number of Months to Pay on Loan:
Additional Principal Per Month:
Monthly Payment:
Total Interest Paid on Loan:

Amortization Schedule

Payment Principal Interest Loan Balance
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By using this calculator you agree to terms and conditions. These calculators are designed to be informational and educational tools only, and when used alone, do not constitute investment or financial advice. We strongly recommend that you seek the advice of a financial services professional before making any type of investment or deciding on your financial matters. This model is provided as a rough approximation of future financial performance. The results presented by this calculator are hypothetical and may not reflect the actual growth of your own investments. We can't take into account potential lender fees, payoff schedule can be longer than in the estimation. Mycheckweb and its affiliates are not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Mycheckweb is not responsible for any human or mechanical errors or omissions.