Mortgage Calculator

Free online tool — no sign-up required

Calculate your monthly mortgage payment, total interest, and view a full amortization schedule. Includes property tax, insurance, and PMI estimates.

This tool is interactive — turn on JavaScript to use it.

How to Use Mortgage Calculator

Enter Loan & Property Details — Input your desired loan amount, interest rate, and repayment term, along with the property's purchase price.
Add Property Tax & Insurance — Include your estimated annual property taxes, homeowners insurance, and any applicable HOA fees for accuracy.
Estimate Private Mortgage Insurance — If your down payment is less than 20%, estimate your PMI to see its impact on your monthly payment.
View Payment & Amortization — Instantly see your estimated monthly mortgage payment, total interest, and a detailed amortization schedule.
Adjust and Refine Your Plan — Modify any input fields to compare different scenarios and find a mortgage payment that suits your budget.

How accurate are the mortgage payment calculations?

Our calculator provides highly accurate estimates based on the information you provide. For final figures, always consult a lender.

Does this tool save my mortgage calculation data?

No, we do not save any of your input data. All calculations are performed instantly in your browser and are private.

What is included in the monthly mortgage payment?

We factor in principal, interest, property taxes, homeowners insurance, and optional PMI and HOA fees for a comprehensive view.

Can I see how much interest I'll pay over the loan term?

Yes, our tool clearly displays the total estimated interest you will pay over the entire duration of your mortgage loan.

Is there a cost to use this Mortgage Calculator?

No, this Mortgage Calculator is completely free to use, now and forever. There are no hidden fees or subscriptions required.

What is an amortization schedule and why is it useful?

An amortization schedule details every payment you'll make, showing how much goes to principal and interest over time. It's great for planning.

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