Mortgage Inflation Calculator

Use our Mortgage Inflation Calculator to see what your mortgage payments are really worth once inflation is taken into account.

A fixed-rate mortgage asks for the same payment every month for decades, but rising prices make each dollar worth a little less every year. A payment due in t years is worth the payment divided by (1 + inflation)^t in today’s money — at 3% inflation, $1,000 five years from now is worth about $862.61 today.

Enter the loan amount, interest rate, term and the inflation you expect. The calculator shows your monthly payment, the total you’ll pay, what that total is worth in today’s dollars, how much inflation erodes, and the real cost of borrowing — which can even be negative when inflation runs above your interest rate.

The estimate assumes inflation stays the same every year; actual inflation will vary.