Mortgage Calculator
A fast, accurate, and privacy-first mortgage calculator that helps you estimate monthly payments, total loan cost, and interest over time. All calculations are performed locally in your browser.
Mortgage Calculator Tool
Monthly Payment
$1,896.20
Total Interest
$382,633.47
Total Payment
$682,633.47
About This Tool
This mortgage calculator is designed for global users who want a simple, transparent way to estimate home loan costs. It runs entirely in-browser, meaning no data is sent to servers and no personal information is stored or tracked.
Key Benefits of Using This Tool
- Instant and accurate mortgage payment estimates
- Works globally with multiple currencies
- No sign-up, no tracking, no data collection
- Fully responsive and mobile-friendly
- Runs entirely on your local device
Features of This Mortgage Calculator
- Monthly mortgage payment calculation
- Total interest and total repayment breakdown
- Support for zero-interest scenarios
- International currency support
- Clean, distraction-free light mode interface
Common Use Cases
- Planning a home purchase or property investment
- Comparing loan offers from different lenders
- Understanding long-term interest costs
- Budgeting monthly housing expenses
- Educational and financial literacy purposes
Fun Fact
The word "mortgage" comes from Old French, meaning "death pledge," because the loan effectively ends only when it is fully repaid or the borrower defaults.
Historical Context
Mortgages have existed for centuries, with early forms documented in ancient Roman and medieval European societies. Modern amortized mortgages became widespread in the 20th century, enabling long-term home ownership by spreading repayment over decades with predictable monthly payments.