Loan calculator
Estimate your monthly mortgage payment
Model purchase scenarios with principal, interest, taxes, insurance, PMI, and HOA — then download a branded estimate report.
This payment estimator is for illustration only. Results are hypothetical and may not apply to you. Figures are not a rate quote, APR, Loan Estimate, or commitment to lend. Actual payments depend on credit, property, program, taxes, insurance, and underwriting. E Mortgage Capital, Inc. is not responsible for the accuracy of assumed rates, APRs, or other inputs. Consult a licensed Mortgage Broker about your situation.
Monthly vs Bi-Weekly Payment
Live from your loan amount, rate, and term (P&I)
Monthly
Bi-weekly
Total interest savings: $93,995.88 · Paid off 5 yr 11 mo sooner
Updates instantly with your calculator inputs. Bi-weekly = half the monthly principal & interest, every two weeks (26 payments/year). Tax, insurance, PMI, and HOA are not included in this comparison.
Estimated monthly payment
$2,572.62
Loan $320,000 · LTV 80.0% · PMI not required
- Principal & interest$2,022.62
- Property tax$400.00
- Insurance$150.00
Amortization schedule
| Year | Principal | Interest | Total paid | Balance |
|---|---|---|---|---|
| 2026 | $872.57 | $5,195.29 | $6,067.86 | $319,127.43 |
| 2027 | $3,635.19 | $20,636.25 | $24,271.44 | $315,492.24 |
| 2028 | $3,878.64 | $20,392.80 | $24,271.44 | $311,613.60 |
| 2029 | $4,138.41 | $20,133.03 | $24,271.44 | $307,475.19 |
| 2030 | $4,415.54 | $19,855.90 | $24,271.44 | $303,059.65 |
| 2031 | $4,711.29 | $19,560.15 | $24,271.44 | $298,348.36 |
| 2032 | $5,026.80 | $19,244.64 | $24,271.44 | $293,321.56 |
| 2033 | $5,363.44 | $18,908.00 | $24,271.44 | $287,958.12 |
| 2034 | $5,722.65 | $18,548.79 | $24,271.44 | $282,235.47 |
| 2035 | $6,105.91 | $18,165.53 | $24,271.44 | $276,129.56 |