Mortgage Calculator
Mortgage Calculator
Modify the values and click the calculate button to use
Annual Tax & Cost
Monthly Pay: $2,082.33
| Monthly | Total | |
|---|---|---|
| Mortgage Payment | $2,082.33 | $749,637.08 |
| Property Tax | $400.00 | $144,000.00 |
| Home Insurance | $125.00 | $45,000.00 |
| Other Costs | $333.33 | $120,000.00 |
| Total Out-of-Pocket | $2,940.66 | $1,058,637.08 |
Amortization schedule
| Year | Date | Interest | Principal | Ending Balance |
|---|
Mortgage Calculator – Estimate Your Monthly Payments
Planning to buy a home? Our free mortgage calculator helps you estimate your monthly mortgage payments based on loan amount, interest rate, and term. Whether you’re a first-time homebuyer or refinancing, this tool provides quick and accurate financial insights.
How to Use the Mortgage Calculator
Loan Amount – Enter your total mortgage loan value.
Interest Rate – Input the current mortgage rate (%).
Loan Term – Choose 15, 20, or 30 years.
Calculate – Instantly see your estimated monthly payment, including principal & interest.
Why Use Our Mortgage Calculator?
✔ Accurate Estimates – Plan your budget with precise calculations.
✔ Compare Loan Options – Adjust terms to find the best rate.
✔ No Hidden Fees – Free, user-friendly, and no sign-up required.
Frequently Asked Questions (FAQs)
Q: How does a mortgage calculator work?
A: It computes your monthly payment using the loan amount, interest rate, and term.
Q: Does it include taxes and insurance?
A: Basic calculators show principal & interest—use an advanced version for full estimates.
Q: Can I calculate refinancing costs?
A: Yes! Adjust your current loan details to compare savings.
Start Planning Your Home Purchase Today
Try our mortgage payment calculator now and make informed financial decisions!