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 | $1,166.58 | $6,923.90 | $8,090.48 | $318,833.42 |
| 2027 | $3,654.88 | $20,616.56 | $24,271.44 | $315,178.54 |
| 2028 | $3,899.65 | $20,371.79 | $24,271.44 | $311,278.89 |
| 2029 | $4,160.83 | $20,110.61 | $24,271.44 | $307,118.06 |
| 2030 | $4,439.46 | $19,831.98 | $24,271.44 | $302,678.60 |
| 2031 | $4,736.81 | $19,534.63 | $24,271.44 | $297,941.79 |
| 2032 | $5,054.02 | $19,217.42 | $24,271.44 | $292,887.77 |
| 2033 | $5,392.50 | $18,878.94 | $24,271.44 | $287,495.27 |
| 2034 | $5,753.64 | $18,517.80 | $24,271.44 | $281,741.63 |
| 2035 | $6,138.99 | $18,132.45 | $24,271.44 | $275,602.64 |