The present invention relates to a mobile terminal capable of capturing an image by time-lapse photography, and a method for controlling the same. The mobile terminal includes: a camera; a display; and a controller configured to cause the display to display a preview image of an image to be captured via the camera by time-lapse photography; and calculate at least one capturing set value that is different from a preset capturing set value for the time-lapse photography based on at least one of an input of a capturing set value, a battery usage amount, or a memory usage amount.