Free Tool

Mortgage Payment Calculator

Know exactly what your monthly payment will be before you apply. Use this tool to evaluate loan scenarios and ensure the numbers work for your business.

Loan Details

$500,000.00
$
$50,000$5,000,000
6.50%
%
1%15%
25 years

Estimated Monthly Payment

$3,376.04

$40,512.43 per year

Principal$500,000.00
Total Interest$512,810.74

Total Cost of Loan$1,012,810.74
Principal (49%)Interest (51%)
Total Payments300
Payment FrequencyMonthly

Pro Tip

This calculator provides an estimate of principal and interest only. Your actual payment may include property taxes, insurance, and other fees. For a comprehensive analysis of your borrowing capacity and the best loan programs for your situation, check out the Borrower Preparation Workbook.