MORTGAGE PLANNING LAB
Plan the payment. See the path. Ask better questions.
A clear, private place to shape illustrative mortgage assumptions before your next conversation with an advisor.
YOUR PLANNING WORKSPACE
Make the numbers easier to discuss.
Change any assumption below. Your calculations stay in this browser and are intended for educational planning only.
EDITABLE ASSUMPTIONS
Build an illustrative payment view.
Enter a loan, rate, term, and estimated homeownership expenses.
Use an annual rate from 0% to 30% and a whole term from 1 to 40 years.
PAYMENT PATH
Amortization at a glance.
Principal and interest only. Taxes, insurance, and HOA remain separate from this schedule.
Loan principal$420,000
Total interest$535,687
Total principal & interest$955,687
Taxes, insurance & HOA$239,400
| Month | Payment | Principal | Interest | Remaining balance |
|---|---|---|---|---|
| 1 | $2,654.69 | $379.69 | $2,275.00 | $419,620.31 |
| 2 | $2,654.69 | $381.74 | $2,272.94 | $419,238.57 |
| 3 | $2,654.69 | $383.81 | $2,270.88 | $418,854.76 |
| 4 | $2,654.69 | $385.89 | $2,268.80 | $418,468.87 |
| 5 | $2,654.69 | $387.98 | $2,266.71 | $418,080.89 |
| 6 | $2,654.69 | $390.08 | $2,264.60 | $417,690.81 |
| 7 | $2,654.69 | $392.19 | $2,262.49 | $417,298.62 |
| 8 | $2,654.69 | $394.32 | $2,260.37 | $416,904.30 |
| 9 | $2,654.69 | $396.45 | $2,258.23 | $416,507.85 |
| 10 | $2,654.69 | $398.60 | $2,256.08 | $416,109.25 |
| 11 | $2,654.69 | $400.76 | $2,253.93 | $415,708.48 |
| 12 | $2,654.69 | $402.93 | $2,251.75 | $415,305.55 |
| Year | Principal paid | Interest paid | Ending balance |
|---|---|---|---|
| 1 | $4,694 | $27,162 | $415,306 |
| 2 | $5,009 | $26,847 | $410,297 |
| 3 | $5,344 | $26,512 | $404,952 |
| 4 | $5,702 | $26,154 | $399,250 |
| 5 | $6,084 | $25,772 | $393,166 |
| 6 | $6,492 | $25,365 | $386,675 |
| 7 | $6,926 | $24,930 | $379,748 |
| 8 | $7,390 | $24,466 | $372,358 |
| 9 | $7,885 | $23,971 | $364,473 |
| 10 | $8,413 | $23,443 | $356,060 |
| 11 | $8,977 | $22,880 | $347,083 |
| 12 | $9,578 | $22,278 | $337,505 |
| 13 | $10,219 | $21,637 | $327,286 |
| 14 | $10,904 | $20,953 | $316,382 |
| 15 | $11,634 | $20,222 | $304,748 |
| 16 | $12,413 | $19,443 | $292,335 |
| 17 | $13,244 | $18,612 | $279,091 |
| 18 | $14,131 | $17,725 | $264,960 |
| 19 | $15,078 | $16,778 | $249,882 |
| 20 | $16,088 | $15,769 | $233,794 |
| 21 | $17,165 | $14,691 | $216,629 |
| 22 | $18,315 | $13,542 | $198,315 |
| 23 | $19,541 | $12,315 | $178,773 |
| 24 | $20,850 | $11,006 | $157,924 |
| 25 | $22,246 | $9,610 | $135,677 |
| 26 | $23,736 | $8,120 | $111,941 |
| 27 | $25,326 | $6,531 | $86,616 |
| 28 | $27,022 | $4,834 | $59,594 |
| 29 | $28,832 | $3,025 | $30,762 |
| 30 | $30,762 | $1,094 | $0 |