Mortgage Calculator
How much will your mortgage really cost?
Enter your home price, down payment, and interest rate to see your exact monthly payment and total interest over the life of the loan.
Loan Details
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20.0% down — No PMI required ✓
Current 30-yr fixed avg: ~6.8% (April 2026)
Monthly Payment
$1,564.62
Principal + Interest only
Loan Amount
$240,000
Total Interest
$323,263
Total Cost of Loan
Home price$300,000
Total interest (30 yrs)$323,263
Total paid$623,263