How does this Mortgage Calculator work?

This mortgage calculator estimates your monthly mortgage payments based on loan amount, interest rate, loan term, and down payment. It uses a standard amortization formula to break down principal and interest.

Does using this calculator affect my credit score?

No. This calculator is 100% free and does not require a credit check. You can use it as many times as needed without any impact on your credit score.

🏦 Loan Amortization Calculator Pro

Generate a complete amortization schedule, compare payoff scenarios, and export your results.

Loan Amount ($)

Interest Rate (%)

Loan Term (Years)

Closing Date

First Payment Date

Extra Monthly Payment ($)

Lump Sum Payment ($)

Monthly Payment

$0.00

Total Interest

$0.00

Total Paid

$0.00

Payoff Date

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#	Date	Payment	Principal	Interest	Extra	Balance

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