Mortgage Amortization Calculator
Total mortgage loan amount.
Interest rate per year as a percentage.
Number of years over which the mortgage will be paid.
Additional payment applied each month to reduce principal.
08/27/2025
Date when mortgage payments begin.
- Mortgage has a fixed interest rate that never changes during the life of the loan.
- Monthly principal and interest payments remain constant throughout the term.
- Amortization chart and table does not include property taxes, homeowners insurance, Homeowner Association (HOA) fees, or Private Mortgage Insurance (PMI) in the payment calculation.
- Any extra payments are applied directly to the loan principal without penalties or restrictions.
- Loan begins immediately and the first payment occurs one month after the start date.