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The title slide and first slides of the Mortgage Calculator template

Mortgage Calculator

Spreadsheet template for Google Sheets and Excel

Make a copy in Google Sheets
Price
Free
Slides
6
Difficulty
Beginner
Updated
November 6, 2026

Every slide (6)

Overview

This template works out the monthly payment on a mortgage from the home price, the deposit, the interest rate and the term. The Home tab holds one row per property, so you can compare offers side by side.

The Monthly tab lists your take-home pay and regular costs, and the Dashboard shows what share of your pay the mortgage would take. The Years tab breaks the loan down year by year, with the balance left and the interest paid in each year.

It comes with sample data. Make a copy, then replace the sample figures with your own. Formulas and charts update on their own.

Useful for

  • Comparing the monthly cost of two homes
  • Checking how a shorter term changes the total interest
  • Seeing whether the payment fits your monthly budget

What's included

  • 5 tabs: Dashboard, Home, Monthly, Years, How to use
  • Dashboard: a dashboard with 4 summary figures
  • Home: a table
  • Monthly: a table
  • Years: a table
  • 1 chart that update as you type
  • Formulas, dropdowns and colour rules already set up
  • Sample rows that show how to fill it in

How to use it

  1. 1

    Click Make a copy in Google Sheets, then confirm on the Google page. The copy is saved to your own Google Drive.

  2. 2

    Start on the Home tab: replace the sample rows with your own.

  3. 3

    Keep the formula columns as they are; they fill in as you type.

  4. 4

    Read the How to use tab for tips. For Excel, download the .xlsx file instead.

What you need

Requirements

  • A Google account, or Microsoft Excel for the download

Works with

  • Google Sheets
  • Microsoft Excel (download the .xlsx)

Questions

Is this Mortgage Calculator template free?

Yes. Download the template and use it in Google Sheets or Excel at no cost.

Does it work in Excel?

Yes. Download the .xlsx file to open it in Excel. The formulas and charts work in both Excel and Google Sheets.

Does the payment include tax and insurance?

No. The figure is the principal and interest only. Add property tax, home insurance and any fees to your budget separately.

  • #loan-calculator
  • #mortgage-calculator
  • #google-sheets
  • #excel
  • #spreadsheet-template
  • #free-template

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