Home Loan Repayment Calculator — United States
Work out your repayments, what the loan costs in total, and how much an extra repayment saves you. Figures below assume 6.5% over 30 years. Free, and no sign-up.
Common United States loan amounts
| Loan amount | Monthly repayment | Total interest |
|---|---|---|
| $250,000 | $1,580 | $318,861 |
| $300,000 | $1,896 | $382,633 |
| $400,000 | $2,528 | $510,178 |
| $500,000 | $3,160 | $637,722 |
| $600,000 | $3,792 | $765,267 |
| $750,000 | $4,741 | $956,584 |
Frequently asked questions
How are United States home loan repayments calculated?
Repayments use the standard amortisation formula: the balance accrues interest at the periodic rate, and a level repayment covers that interest plus a slice of principal. Early payments are mostly interest; later ones are mostly principal.
Does paying extra actually help?
Yes, substantially. Extra repayments come straight off the principal, so they reduce every future interest charge. On a long loan even a small regular amount can cut years off the term.
Is this calculator free?
Yes. It is free, requires no account, and nothing you enter is saved or sent anywhere — the calculation runs entirely in your browser.
Work out your own numbers
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Estimate only. Assumes a fixed rate and no fees; lenders accrue interest daily and may charge account or discharge fees. Not financial advice.