Mortgage Calculator

Mortgage Calculator

Home Price ($)

Down Payment

$%
20% of home price
Interest Rate (%)

Loan Term (years)

Property Tax (annual)

Home Insurance (annual)

HOA Fees (monthly)

PMI (%)

Private Mortgage Insurance (if down payment < 20%) Extra Monthly Payment ($)

Optional additional payment each month
Calculate
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Monthly Payment Breakdown

Principal & Interest:
$0
Property Tax:
$0
Home Insurance:
$0
PMI:
$0
HOA Fees:
$0
Total Monthly Payment:
$0

Loan Summary

Total Payments: $0

Total Interest: $0

Total PMI: $0

Payoff Date: –

Early Payoff: 0 months early

View Amortization Schedule

Amortization Schedule

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Year	Month	Payment	Principal	Interest	PMI	Extra Payment	Remaining Balance

Unlike confusing bank forms, we’ve designed this with you in mind:
✅ Real-life numbers: Includes property taxes, insurance, and HOA fees (not just principal & interest)
✅ Visual clarity: See your payment breakdown in a simple, color-coded chart
✅ Future planning: Toggle the amortization schedule to see how equity builds over time
✅ Mobile-friendly: Works beautifully on phones during open house tours

How to Use It in 3 Simple Steps

1. Enter your numbers:

   • Home price (try our “median home value” auto-fill!)
   • Down payment (as $ or %—we do the math either way)
   • Interest rate (check current rates below)
   • Loan term (15 vs. 30 years? We’ll show you the difference)

    

2. Add the extras:

   • Property taxes (we’ll estimate based on your zip code)
   • Homeowners insurance (average: $100-$150/month)
   • HOA fees (if applicable)

    

3. See your future:

   • Instant monthly payment breakdown
   • Total interest over the loan’s life
   • “Payoff date” calendar view
   • Optional: Toggle the full amortization schedule