Calculate home mortgage for real estate investments and properties
Enter the home price, down payment, interest rate, and loan term. The calculator uses the standard mortgage formula to compute your monthly payment, total interest paid, and loan amount.
For a $400,000 home with $80,000 down, 6.5% interest rate, and 30-year term, your monthly payment is approximately $2,023 with total interest of $128,280.
15-year saves substantial interest but has higher payments. Choose 30-year if you need flexibility or plan to invest difference at higher returns.
Credit score, down payment size, loan-to-value ratio, debt-to-income ratio, loan type, property type, and current market rates.
Most mortgages allow prepayment without penalty. Check your loan documents. Paying extra principal significantly reduces total interest.