Mortgage Calculator - Calculate Monthly Payments & Loan Details

Currency

Home Price

Down Payment

Interest Rate

Loan Term

years

Property Tax (Annual)

Home Insurance (Annual)

PMI (Monthly)

Enter your loan details

Fill in the form to calculate your monthly mortgage payment and see detailed loan information.

Monthly Payment

Principal & Interest + Taxes + Insurance

Payment Breakdown

Principal & Interest $0

Property Tax $0

Home Insurance $0

PMI $0

Total Monthly Payment $0

Loan Summary

Loan Amount

Total Interest

Total Paid

Payoff Date

How to Use This Mortgage Calculator

This comprehensive mortgage calculator helps you estimate your monthly mortgage payments and understand the total cost of your home loan. Simply enter your home price, down payment, interest rate, and loan term to get detailed calculations.

Key Features: Calculate principal and interest payments, include property taxes and insurance costs, factor in PMI (Private Mortgage Insurance), view total interest over the loan term, and see your loan payoff date.

Tips: A larger down payment reduces your loan amount and may help you avoid PMI. Even small changes in interest rate can significantly impact your total loan cost. Consider all monthly expenses including taxes, insurance, and maintenance when budgeting for homeownership.