Mortgage Calculator
Calculate monthly mortgage payments with tax and insurance.
Mortgage Calculator
About Mortgage Calculator
Calculate your monthly mortgage payment including principal, interest, property tax, and insurance. See the total interest paid over the life of the loan and compare different loan terms.
Key Features
- PITI breakdown
- 15/20/30 year terms
- Total interest calculation
- Property tax and insurance included
How to use Mortgage Calculator
- Enter the home price and down payment amount.
- Set the interest rate and loan term (15, 20, or 30 years).
- Optionally add annual property tax and insurance.
- Click 'Calculate Mortgage' to see your monthly payment breakdown.
Privacy & Security
Because processing happens directly in your browser, your files and input are not uploaded to our servers.
Frequently Asked Questions
What is included in the monthly payment?
Principal and interest (PI), plus property tax and insurance if entered. This is often called PITI — Principal, Interest, Taxes, and Insurance.
How does a shorter loan term affect payments?
A 15-year term has higher monthly payments but significantly less total interest. A 30-year term has lower payments but you pay more interest over time.
What is a good down payment?
20% is ideal because it avoids PMI (Private Mortgage Insurance). However, many lenders accept 3-10% down with additional insurance costs.
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