Mortgage Calculators by Country

Free mortgage payment calculators with country-specific interest rates, terms, and insurance requirements. 100% private — no signup, no data collection.

Choose Your Country

Select your country for a mortgage calculator with local defaults including typical home prices, interest rates, and mortgage insurance requirements.

$

United States

US Dollar
Typical Rate: 6%
Common Term: 30 years
Min Down Payment: 3%
Calculate payment
£

United Kingdom

British Pound
Typical Rate: 4.3%
Common Term: 25 years
Min Down Payment: 5%
Calculate payment
C$

Canada

Canadian Dollar
Typical Rate: 4%
Common Term: 25 years
Min Down Payment: 5%
Calculate payment
A$

Australia

Australian Dollar
Typical Rate: 5.5%
Common Term: 30 years
Min Down Payment: 5%
Calculate payment
₹

India

Indian Rupee
Typical Rate: 8%
Common Term: 20 years
Min Down Payment: 10%
Calculate payment

Just want to calculate?

Use our general mortgage calculator and manually adjust the values for your situation.

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Understanding Mortgage Payments

Principal & Interest

The core of your payment goes toward paying down the loan (principal) and the cost of borrowing (interest).

Property Tax & Insurance

Most lenders require you to escrow property taxes and homeowner's insurance as part of your monthly payment.

Mortgage Insurance

If your down payment is less than 20%, you may need PMI (USA), LMI (Australia), or CMHC insurance (Canada).

Tips for Home Buyers

1

Save for a larger down payment

A 20% down payment eliminates mortgage insurance and reduces monthly payments significantly.

2

Shop around for rates

Even a 0.25% difference in interest rate can save you thousands over the life of your loan.

3

Consider the full cost

Don't forget closing costs (2-5% of home price), moving expenses, and immediate home repairs.

4

Budget before you buy

Track your spending for a few months to ensure you can comfortably afford the mortgage payment.

Track Your Budget While Saving for a Home

Download BUDGT to track your daily spending and build your down payment faster.

Download for iOS