mortgage calculator

15 Year Mortgage Calculator

15 Year Mortgage Calculator with amortization, PMI, taxes and insurance, and extra payments will calculate your monthly or biweekly payment for your home mortgage. The 15 year Mortgage calculator will break down your payment with a monthly or yearly amortization schedule.

15 Year Loan Calculator

Home Value
$
Down Payment
Mortgage Amount
$
Loan Terms
Interest Rate
PMI (Yearly)
Property Tax (Yearly)
Home Insurance (Yearly)
HOA Fees (Monthly)
Payment Frequency
First Payment Date

Amortization Schedule
Extra Payments
One Time
$ On Date
Monthly or Biweekly
$ Starting Date
Quarterly
$ Starting Date
Yearly
$ Starting Date
Check Local Mortgage Rates

15 Year Mortgage Calculator

Home Value: $300,000.00
Mortgage Amount: $255,000.00
Monthly Principal & Interest: $2,016.52
Monthly Extra Payment: $0.00
Monthly Property Tax: $250.00
Monthly Home Insurance: $125.00
Monthly PMI: (Until Aug, 2026) $106.25
Monthly HOA Fees: $0.00
Total Monthly Payment:
$2,497.77
Total # Of Payments: 180
Start Date: May, 2025
Payoff Date: Apr, 2040
Down Payment: $45,000.00
Principal: $255,000.00
Total Extra Payment: $0.00
Total Interest Paid: $107,974.27
Total Tax, Insurance, PMI and Fees: $69,200.00
Total of all Payments:
$477,174.27

15 Year Amortization Schedule

Payment Date Payment # Interest Principal Tax, Insurance, PMI & Fees Total Payment Balance
May, 2025 1 $1,062.50 $954.02 $481.25 $2,497.77 $254,045.98
Jun, 2025 2 $1,058.52 $958.00 $481.25 $2,497.77 $253,087.98
Jul, 2025 3 $1,054.53 $961.99 $481.25 $2,497.77 $252,125.99
Aug, 2025 4 $1,050.52 $966.00 $481.25 $2,497.77 $251,159.99
Sep, 2025 5 $1,046.50 $970.02 $481.25 $2,497.77 $250,189.96
Oct, 2025 6 $1,042.46 $974.07 $481.25 $2,497.77 $249,215.90
Nov, 2025 7 $1,038.40 $978.12 $481.25 $2,497.77 $248,237.77
Dec, 2025 8 $1,034.32 $982.20 $481.25 $2,497.77 $247,255.57
Jan, 2026 9 $1,030.23 $986.29 $481.25 $2,497.77 $246,269.28
Feb, 2026 10 $1,026.12 $990.40 $481.25 $2,497.77 $245,278.88
Mar, 2026 11 $1,022.00 $994.53 $481.25 $2,497.77 $244,284.35
Apr, 2026 12 $1,017.85 $998.67 $481.25 $2,497.77 $243,285.68
May, 2026 13 $1,013.69 $1,002.83 $481.25 $2,497.77 $242,282.85
Jun, 2026 14 $1,009.51 $1,007.01 $481.25 $2,497.77 $241,275.83
Jul, 2026 15 $1,005.32 $1,011.21 $481.25 $2,497.77 $240,264.63
Aug, 2026 16 $1,001.10 $1,015.42 $481.25 $2,497.77 $239,249.21
Sep, 2026 17 $996.87 $1,019.65 $375.00 $2,391.52 $238,229.55
Oct, 2026 18 $992.62 $1,023.90 $375.00 $2,391.52 $237,205.65
Nov, 2026 19 $988.36 $1,028.17 $375.00 $2,391.52 $236,177.49
Dec, 2026 20 $984.07 $1,032.45 $375.00 $2,391.52 $235,145.04
Jan, 2027 21 $979.77 $1,036.75 $375.00 $2,391.52 $234,108.28
Feb, 2027 22 $975.45 $1,041.07 $375.00 $2,391.52 $233,067.21
Mar, 2027 23 $971.11 $1,045.41 $375.00 $2,391.52 $232,021.80
Apr, 2027 24 $966.76 $1,049.77 $375.00 $2,391.52 $230,972.03
May, 2027 25 $962.38 $1,054.14 $375.00 $2,391.52 $229,917.89
Jun, 2027 26 $957.99 $1,058.53 $375.00 $2,391.52 $228,859.36
Jul, 2027 27 $953.58 $1,062.94 $375.00 $2,391.52 $227,796.42
Aug, 2027 28 $949.15 $1,067.37 $375.00 $2,391.52 $226,729.05
Sep, 2027 29 $944.70 $1,071.82 $375.00 $2,391.52 $225,657.23
Oct, 2027 30 $940.24 $1,076.29 $375.00 $2,391.52 $224,580.94
Nov, 2027 31 $935.75 $1,080.77 $375.00 $2,391.52 $223,500.17
Dec, 2027 32 $931.25 $1,085.27 $375.00 $2,391.52 $222,414.90
Jan, 2028 33 $926.73 $1,089.80 $375.00 $2,391.52 $221,325.10
Feb, 2028 34 $922.19 $1,094.34 $375.00 $2,391.52 $220,230.77
Mar, 2028 35 $917.63 $1,098.90 $375.00 $2,391.52 $219,131.87
Apr, 2028 36 $913.05 $1,103.47 $375.00 $2,391.52 $218,028.40
May, 2028 37 $908.45 $1,108.07 $375.00 $2,391.52 $216,920.33
Jun, 2028 38 $903.83 $1,112.69 $375.00 $2,391.52 $215,807.64
Jul, 2028 39 $899.20 $1,117.33 $375.00 $2,391.52 $214,690.31
Aug, 2028 40 $894.54 $1,121.98 $375.00 $2,391.52 $213,568.33
Sep, 2028 41 $889.87 $1,126.66 $375.00 $2,391.52 $212,441.67
Oct, 2028 42 $885.17 $1,131.35 $375.00 $2,391.52 $211,310.32
Nov, 2028 43 $880.46 $1,136.06 $375.00 $2,391.52 $210,174.26
Dec, 2028 44 $875.73 $1,140.80 $375.00 $2,391.52 $209,033.46
Jan, 2029 45 $870.97 $1,145.55 $375.00 $2,391.52 $207,887.91
Feb, 2029 46 $866.20 $1,150.32 $375.00 $2,391.52 $206,737.59
Mar, 2029 47 $861.41 $1,155.12 $375.00 $2,391.52 $205,582.47
Apr, 2029 48 $856.59 $1,159.93 $375.00 $2,391.52 $204,422.54
May, 2029 49 $851.76 $1,164.76 $375.00 $2,391.52 $203,257.78
Jun, 2029 50 $846.91 $1,169.62 $375.00 $2,391.52 $202,088.16
Jul, 2029 51 $842.03 $1,174.49 $375.00 $2,391.52 $200,913.67
Aug, 2029 52 $837.14 $1,179.38 $375.00 $2,391.52 $199,734.29
Sep, 2029 53 $832.23 $1,184.30 $375.00 $2,391.52 $198,549.99
Oct, 2029 54 $827.29 $1,189.23 $375.00 $2,391.52 $197,360.76
Nov, 2029 55 $822.34 $1,194.19 $375.00 $2,391.52 $196,166.57
Dec, 2029 56 $817.36 $1,199.16 $375.00 $2,391.52 $194,967.41
Jan, 2030 57 $812.36 $1,204.16 $375.00 $2,391.52 $193,763.25
Feb, 2030 58 $807.35 $1,209.18 $375.00 $2,391.52 $192,554.07
Mar, 2030 59 $802.31 $1,214.22 $375.00 $2,391.52 $191,339.86
Apr, 2030 60 $797.25 $1,219.27 $375.00 $2,391.52 $190,120.58
May, 2030 61 $792.17 $1,224.35 $375.00 $2,391.52 $188,896.23
Jun, 2030 62 $787.07 $1,229.46 $375.00 $2,391.52 $187,666.77
Jul, 2030 63 $781.94 $1,234.58 $375.00 $2,391.52 $186,432.19
Aug, 2030 64 $776.80 $1,239.72 $375.00 $2,391.52 $185,192.47
Sep, 2030 65 $771.64 $1,244.89 $375.00 $2,391.52 $183,947.58
Oct, 2030 66 $766.45 $1,250.08 $375.00 $2,391.52 $182,697.51
Nov, 2030 67 $761.24 $1,255.28 $375.00 $2,391.52 $181,442.22
Dec, 2030 68 $756.01 $1,260.51 $375.00 $2,391.52 $180,181.71
Jan, 2031 69 $750.76 $1,265.77 $375.00 $2,391.52 $178,915.94
Feb, 2031 70 $745.48 $1,271.04 $375.00 $2,391.52 $177,644.90
Mar, 2031 71 $740.19 $1,276.34 $375.00 $2,391.52 $176,368.56
Apr, 2031 72 $734.87 $1,281.65 $375.00 $2,391.52 $175,086.91
May, 2031 73 $729.53 $1,286.99 $375.00 $2,391.52 $173,799.91
Jun, 2031 74 $724.17 $1,292.36 $375.00 $2,391.52 $172,507.56
Jul, 2031 75 $718.78 $1,297.74 $375.00 $2,391.52 $171,209.81
Aug, 2031 76 $713.37 $1,303.15 $375.00 $2,391.52 $169,906.66
Sep, 2031 77 $707.94 $1,308.58 $375.00 $2,391.52 $168,598.08
Oct, 2031 78 $702.49 $1,314.03 $375.00 $2,391.52 $167,284.05
Nov, 2031 79 $697.02 $1,319.51 $375.00 $2,391.52 $165,964.55
Dec, 2031 80 $691.52 $1,325.00 $375.00 $2,391.52 $164,639.54
Jan, 2032 81 $686.00 $1,330.53 $375.00 $2,391.52 $163,309.02
Feb, 2032 82 $680.45 $1,336.07 $375.00 $2,391.52 $161,972.95
Mar, 2032 83 $674.89 $1,341.64 $375.00 $2,391.52 $160,631.31
Apr, 2032 84 $669.30 $1,347.23 $375.00 $2,391.52 $159,284.08
May, 2032 85 $663.68 $1,352.84 $375.00 $2,391.52 $157,931.24
Jun, 2032 86 $658.05 $1,358.48 $375.00 $2,391.52 $156,572.77
Jul, 2032 87 $652.39 $1,364.14 $375.00 $2,391.52 $155,208.63
Aug, 2032 88 $646.70 $1,369.82 $375.00 $2,391.52 $153,838.81
Sep, 2032 89 $641.00 $1,375.53 $375.00 $2,391.52 $152,463.28
Oct, 2032 90 $635.26 $1,381.26 $375.00 $2,391.52 $151,082.02
Nov, 2032 91 $629.51 $1,387.02 $375.00 $2,391.52 $149,695.00
Dec, 2032 92 $623.73 $1,392.79 $375.00 $2,391.52 $148,302.21
Jan, 2033 93 $617.93 $1,398.60 $375.00 $2,391.52 $146,903.61
Feb, 2033 94 $612.10 $1,404.43 $375.00 $2,391.52 $145,499.19
Mar, 2033 95 $606.25 $1,410.28 $375.00 $2,391.52 $144,088.91
Apr, 2033 96 $600.37 $1,416.15 $375.00 $2,391.52 $142,672.76
May, 2033 97 $594.47 $1,422.05 $375.00 $2,391.52 $141,250.70
Jun, 2033 98 $588.54 $1,427.98 $375.00 $2,391.52 $139,822.72
Jul, 2033 99 $582.59 $1,433.93 $375.00 $2,391.52 $138,388.79
Aug, 2033 100 $576.62 $1,439.90 $375.00 $2,391.52 $136,948.89
Sep, 2033 101 $570.62 $1,445.90 $375.00 $2,391.52 $135,502.99
Oct, 2033 102 $564.60 $1,451.93 $375.00 $2,391.52 $134,051.06
Nov, 2033 103 $558.55 $1,457.98 $375.00 $2,391.52 $132,593.08
Dec, 2033 104 $552.47 $1,464.05 $375.00 $2,391.52 $131,129.03
Jan, 2034 105 $546.37 $1,470.15 $375.00 $2,391.52 $129,658.87
Feb, 2034 106 $540.25 $1,476.28 $375.00 $2,391.52 $128,182.60
Mar, 2034 107 $534.09 $1,482.43 $375.00 $2,391.52 $126,700.17
Apr, 2034 108 $527.92 $1,488.61 $375.00 $2,391.52 $125,211.56
May, 2034 109 $521.71 $1,494.81 $375.00 $2,391.52 $123,716.75
Jun, 2034 110 $515.49 $1,501.04 $375.00 $2,391.52 $122,215.71
Jul, 2034 111 $509.23 $1,507.29 $375.00 $2,391.52 $120,708.42
Aug, 2034 112 $502.95 $1,513.57 $375.00 $2,391.52 $119,194.85
Sep, 2034 113 $496.65 $1,519.88 $375.00 $2,391.52 $117,674.97
Oct, 2034 114 $490.31 $1,526.21 $375.00 $2,391.52 $116,148.76
Nov, 2034 115 $483.95 $1,532.57 $375.00 $2,391.52 $114,616.19
Dec, 2034 116 $477.57 $1,538.96 $375.00 $2,391.52 $113,077.23
Jan, 2035 117 $471.16 $1,545.37 $375.00 $2,391.52 $111,531.87
Feb, 2035 118 $464.72 $1,551.81 $375.00 $2,391.52 $109,980.06
Mar, 2035 119 $458.25 $1,558.27 $375.00 $2,391.52 $108,421.78
Apr, 2035 120 $451.76 $1,564.77 $375.00 $2,391.52 $106,857.02
May, 2035 121 $445.24 $1,571.29 $375.00 $2,391.52 $105,285.73
Jun, 2035 122 $438.69 $1,577.83 $375.00 $2,391.52 $103,707.90
Jul, 2035 123 $432.12 $1,584.41 $375.00 $2,391.52 $102,123.49
Aug, 2035 124 $425.51 $1,591.01 $375.00 $2,391.52 $100,532.48
Sep, 2035 125 $418.89 $1,597.64 $375.00 $2,391.52 $98,934.84
Oct, 2035 126 $412.23 $1,604.30 $375.00 $2,391.52 $97,330.55
Nov, 2035 127 $405.54 $1,610.98 $375.00 $2,391.52 $95,719.57
Dec, 2035 128 $398.83 $1,617.69 $375.00 $2,391.52 $94,101.88
Jan, 2036 129 $392.09 $1,624.43 $375.00 $2,391.52 $92,477.44
Feb, 2036 130 $385.32 $1,631.20 $375.00 $2,391.52 $90,846.24
Mar, 2036 131 $378.53 $1,638.00 $375.00 $2,391.52 $89,208.24
Apr, 2036 132 $371.70 $1,644.82 $375.00 $2,391.52 $87,563.42
May, 2036 133 $364.85 $1,651.68 $375.00 $2,391.52 $85,911.75
Jun, 2036 134 $357.97 $1,658.56 $375.00 $2,391.52 $84,253.19
Jul, 2036 135 $351.05 $1,665.47 $375.00 $2,391.52 $82,587.72
Aug, 2036 136 $344.12 $1,672.41 $375.00 $2,391.52 $80,915.31
Sep, 2036 137 $337.15 $1,679.38 $375.00 $2,391.52 $79,235.93
Oct, 2036 138 $330.15 $1,686.37 $375.00 $2,391.52 $77,549.56
Nov, 2036 139 $323.12 $1,693.40 $375.00 $2,391.52 $75,856.16
Dec, 2036 140 $316.07 $1,700.46 $375.00 $2,391.52 $74,155.70
Jan, 2037 141 $308.98 $1,707.54 $375.00 $2,391.52 $72,448.16
Feb, 2037 142 $301.87 $1,714.66 $375.00 $2,391.52 $70,733.50
Mar, 2037 143 $294.72 $1,721.80 $375.00 $2,391.52 $69,011.70
Apr, 2037 144 $287.55 $1,728.97 $375.00 $2,391.52 $67,282.73
May, 2037 145 $280.34 $1,736.18 $375.00 $2,391.52 $65,546.55
Jun, 2037 146 $273.11 $1,743.41 $375.00 $2,391.52 $63,803.14
Jul, 2037 147 $265.85 $1,750.68 $375.00 $2,391.52 $62,052.46
Aug, 2037 148 $258.55 $1,757.97 $375.00 $2,391.52 $60,294.49
Sep, 2037 149 $251.23 $1,765.30 $375.00 $2,391.52 $58,529.19
Oct, 2037 150 $243.87 $1,772.65 $375.00 $2,391.52 $56,756.54
Nov, 2037 151 $236.49 $1,780.04 $375.00 $2,391.52 $54,976.50
Dec, 2037 152 $229.07 $1,787.45 $375.00 $2,391.52 $53,189.05
Jan, 2038 153 $221.62 $1,794.90 $375.00 $2,391.52 $51,394.14
Feb, 2038 154 $214.14 $1,802.38 $375.00 $2,391.52 $49,591.76
Mar, 2038 155 $206.63 $1,809.89 $375.00 $2,391.52 $47,781.87
Apr, 2038 156 $199.09 $1,817.43 $375.00 $2,391.52 $45,964.44
May, 2038 157 $191.52 $1,825.01 $375.00 $2,391.52 $44,139.43
Jun, 2038 158 $183.91 $1,832.61 $375.00 $2,391.52 $42,306.82
Jul, 2038 159 $176.28 $1,840.25 $375.00 $2,391.52 $40,466.58
Aug, 2038 160 $168.61 $1,847.91 $375.00 $2,391.52 $38,618.66
Sep, 2038 161 $160.91 $1,855.61 $375.00 $2,391.52 $36,763.05
Oct, 2038 162 $153.18 $1,863.34 $375.00 $2,391.52 $34,899.71
Nov, 2038 163 $145.42 $1,871.11 $375.00 $2,391.52 $33,028.60
Dec, 2038 164 $137.62 $1,878.90 $375.00 $2,391.52 $31,149.69
Jan, 2039 165 $129.79 $1,886.73 $375.00 $2,391.52 $29,262.96
Feb, 2039 166 $121.93 $1,894.59 $375.00 $2,391.52 $27,368.37
Mar, 2039 167 $114.03 $1,902.49 $375.00 $2,391.52 $25,465.88
Apr, 2039 168 $106.11 $1,910.42 $375.00 $2,391.52 $23,555.46
May, 2039 169 $98.15 $1,918.38 $375.00 $2,391.52 $21,637.09
Jun, 2039 170 $90.15 $1,926.37 $375.00 $2,391.52 $19,710.72
Jul, 2039 171 $82.13 $1,934.40 $375.00 $2,391.52 $17,776.32
Aug, 2039 172 $74.07 $1,942.46 $375.00 $2,391.52 $15,833.86
Sep, 2039 173 $65.97 $1,950.55 $375.00 $2,391.52 $13,883.32
Oct, 2039 174 $57.85 $1,958.68 $375.00 $2,391.52 $11,924.64
Nov, 2039 175 $49.69 $1,966.84 $375.00 $2,391.52 $9,957.80
Dec, 2039 176 $41.49 $1,975.03 $375.00 $2,391.52 $7,982.77
Jan, 2040 177 $33.26 $1,983.26 $375.00 $2,391.52 $5,999.51
Feb, 2040 178 $25.00 $1,991.53 $375.00 $2,391.52 $4,007.98
Mar, 2040 179 $16.70 $1,999.82 $375.00 $2,391.52 $2,008.16
Apr, 2040 180 $8.37 $2,008.16 $375.00 $2,391.52 $0.00

Compare Monthly vs. Bi-weekly

Payment Frequency Monthly Bi-weekly
Payments / Year 12 26
Each Payment $2,497.77 $1,230.38
Total Extra Payments $0.00 $0.00
Total Interest $107,974.27 $94,645.61
Total Tax, Insurance, PMI & Fees $69,200.00 $61,306.73
Total Payment $477,174.27 $455,952.34
Total Savings $0 $21,221.93
Payoff Date Apr, 2040 Aug, 2038

15 Year Mortgage Calculator Excel

The 15 Year Mortgage is the most common type of mortgage. Shorter terms are available such as 10, 15, 20, or 25 years. Longer term mortgages allow you to pay less in monthly payments than shorter ones. However, you will end up paying more in interest for longer term mortgages. Our mortgage calculator will show you exactly how much you will save on interest payment with a 15 year mortgage to a 30 year mortgage.

5 Year Mortgage Calculator
10 Year Mortgage Calculator
15 Year Mortgage Calculator
20 Year Mortgage Calculator
25 Year Mortgage Calculator
30 Year Mortgage Calculator
35 Year Mortgage Calculator
38 Year Mortgage Calculator
39 Year Mortgage Calculator
40 Year Mortgage Calculator
45 Year Mortgage Calculator
50 Year Mortgage Calculator
60 Year Mortgage Calculator
15 Year Mortgage Refinance Calculator

Mortgage Calculator | Terms | Privacy | Disclaimer | Contact

©2025 Mortgage Calculator