To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review the Bank of America Online Privacy Notice and our Online Privacy FAQs. Use Investopedias mortgage calculator to see how different inputs for the home price, down payment, loan terms, and interest rate would change your monthly. You may also visit the individual sites for additional information on their data and privacy practices and opt-out options. To learn more about ad choices, or to opt out of interest-based advertising with non-affiliated third-party sites, visit YourAdChoices popup powered by the DAA or through the Network Advertising Initiative's Opt-Out Tool popup. Ads served on our behalf by these companies do not contain unencrypted personal information and we limit the use of personal information by companies that serve our ads. For example, a 180,000 loan structured over 25 years will see you pay 56,581.78 in interest over the life of the mortgage. To estimate the overpayment amount you need to make, adjust the above calculator to 15 years.

Your original mortgage has with a 25-year term.

Relationship-based ads and online behavioral advertising help us do that.īank of America participates in the Digital Advertising Alliance ('DAA') self-regulatory Principles for Online Behavioral Advertising and uses the Advertising Options Icon on our behavioral ads on non-affiliated third-party sites (excluding ads appearing on platforms that do not accept the icon). Suppose you want to pay off your loan in 15 years. We strive to provide you with information about products and services you might find interesting and useful.

Estimated mortgage payment calculator