Navigation Downloadable Mortgage Caculator.
Use this Free Windows Utility to Add a Mortgage Calculator to Your Computer Today

Free Mortgage Calculator Tool for Your Desktop

Want to Calculate Mortgage Payments Offline?

Download the free mortgage calculator today. We offer 2 convenient options:

  • Mortgage Calculator .exe file - click the link and immediately run the mortgage calculator. This is the best option if you are in a rush and/or only plan on using the calculator today.
  • Mortgage Calculator .zip file - download the zip file, extract it, and install it on your computer. This is the best option if you plan on using the calculator many times over the coming days, weeks, and months.

The calculator interface looks like this:

Usage Instructions

Our calculator consists of 5 input blocks

  • payments per year - normally 12 monthly payments for most loans
  • loan amount - your mortgage amount
  • interest rate - the rate of compounding
  • periodic payments - loan payment amount
  • number of payments - typically 12 times the number of years. 30 years is the most common mortgage term, and at 12 payments per year that would make 360 payments

Simply fill in whatever data you know, and then click the find button next to the last open field. This makes the calculator flexible, fitting many different needs

  • To use this calculator like a traditional mortgage calculator you would leave the Periodic Payment area blank and fill in the other details, then click find next to Periodic Payment.
  • You can leave the Loan Amount empty and fill in the payment amount you can afford to determine how much home you can afford.
  • You can test the savings from bi-weekly payments vs a traditional montly mortgage payment by increasing the number of payments per year.
  • You can also test different interest rates to compare different loan options.
  • In addition to all the above options, this claculator comes with a printable loan schedule.

While this calculator is quite flexible, if multiple fields are left blank when you click the find button the calculator will produce an error that will need cleared before the calculator will work again. Click the clear button and enter new loan details and it should work like a charm. :)

Prefer an Excel mortgage calculator spreadsheet to a software program? You're in luck, as we also offer that option, as well as a basic Excel loan calculator.

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Current Mortgage Rates

The following table shows locally available mortgage rates which you can use to help calculate your monthly home loan payments.


Homeowners May Want to Refinance While Rates Are Low

US 10-year Treasury rates have recently fallen to all-time record lows due to the spread of coronavirus driving a risk off sentiment, with other financial rates falling in tandem. Homeowners who buy or refinance at today's low rates may benefit from recent rate volatility.

Are you paying too much for your mortgage?

Find Out What You Qualify For

Check your refinance options with a trusted lender.

Answer a few questions below and connect with a lender who can help you refinance and save today!