Mortgage calculator templates
Estimate monthly payments and compare loan scenarios with editable mortgage calculator templates in Microsoft Excel.
Free mortgage calculator templates for every need
Compare loans, estimate loan amortization schedules, and plan payoff with customizable mortgage calculator templates. Adjust values and customize columns to evaluate mortgages, explore refinancing scenarios, or model investment returns.
How to use the mortgage calculator in Microsoft Excel
Open a customizable mortgage calculator template in Excel for the web.
Update spreadsheet numbers like loan amount, interest rate, and term.
Review payments, repayment schedules, and total costs with built-in formulas.
Chat with Copilot in Excel to track where each payment goes between principal, interest, and the amortization schedule.
Plan ahead by changing values to compare scenarios like additional repayments or shorter loan terms.
Check loan scenarios without complex formulas
Built-in formulas like PMT simplify the math, so first-time buyers and investors can calculate without writing formulas from scratch. Change the loan amount, interest rate, or test scenarios like renting and buying easily.
Track affordability and plan down payments
Find a home price that fits the budget by adjusting the down payment, loan term, or interest rate. Compare loans and evaluate if refinancing saves money over time. Pair with a budget calculator to plan household finances around payments.
Model mortgage scenarios with AI
Chat with Copilot in Excel to surface key insights to save interest or generate a formula to see how early payoff impacts total loan cost. Ask AI to summarize total cost, interest, and payoff timeline, or create data visuals with rate changes.
Share spreadsheets with co-owners
Send mortgage calculator templates to family or co-owners via a secure online link. Share access to view only or edit loan amounts, interest rates, and down payments. Add comments to support decision making.
