🏠 Mortgage Calculator
Calculate your monthly mortgage payments including principal, interest, taxes, insurance, and PMI
🏠 Mortgage Calculator
Calculate your monthly mortgage payment including principal, interest, taxes, and insurance
🏠 Mortgage Tips
- • A 20% down payment helps you avoid PMI
- • Consider 15-year loans for lower total interest costs
- • Shop around with multiple lenders for the best rates
- • Factor in closing costs (typically 2-5% of loan amount)
- • Get pre-approved to strengthen your offer
- • Consider property taxes and insurance in your budget
How to Use
1. Enter the home purchase price or loan amount
2. Input your down payment amount or percentage
3. Set the loan term (typically 15 or 30 years)
4. Enter the annual interest rate
5. Add property taxes, insurance, and PMI if applicable
6. View your monthly payment breakdown and amortization schedule
Features
✓ Monthly payment calculation with PITI breakdown
✓ Complete amortization schedule
✓ Total interest cost over loan term
✓ Property tax and insurance estimates
✓ PMI calculation for loans with less than 20% down
✓ Loan-to-value ratio analysis