Mortgage Calculator

Calculate your mortgage payments with detailed breakdowns, amortization schedules, and visual insights

Loan Details

Principal Amount$500,000

Interest Rate5.50%

Amortization25 years

Payment Frequency

Payment Summary

Your Payment

$3,070.44

per month

Total Payments

$921K

Principal

$500K

Total Interest

$421K

Payment Breakdown

Principal54.3%

Interest45.7%

Amortization Schedule

Principal

Interest

Year 1

$36,845

Year 2

$36,845

Year 3

$36,845

Year 4

$36,845

Year 5

$36,845

Year 6

$36,845

Year 7

$36,845

Year 8

$36,845

Year 9

$36,845

Year 10

$36,845

... and 15 more years

$921K

Total Paid

$500K

Principal

$421K

Interest

45.7%

Interest Ratio

Payment Frequency Comparison

monthly

$3,070.44

$36,845 per year

bi-weekly

$1,417.12

$36,845 per year

weekly

$708.56

$36,845 per year