Is this calculator free to use?

Yes, all our construction calculators are completely free to use. No registration or payment required.

How accurate are the calculations?

Our calculators use industry-standard formulas and current market data to provide accurate estimates. However, actual costs may vary based on location, suppliers, and specific project requirements.

Can I save or print my results?

Yes, you can export your calculation results as a PDF report for saving, printing, or sharing with contractors and suppliers.

Mortgage Payment Calculator

Calculate monthly mortgage payments including principal, interest, taxes, and insurance. Compare different loan terms and interest rates to find the best financing option.

Calculator Inputs

Home Price ($)

Down Payment

Dollar Amount Percentage

Down Payment Amount ($)

Down payment: $80,000 (20.0%)

Annual Interest Rate (%)

Loan Term

Annual Property Tax ($)

Typically 1.0-1.5% of home value annually

Annual Home Insurance ($)

Typically $800-$2000 annually

Private Mortgage Insurance (PMI)

Monthly PMI Amount ($)

Monthly HOA Fees ($)

Optional - set to $0 if no HOA

Calculation Results

Enter your loan details and click "Calculate Mortgage Payment" to see results.

Disclaimer: Estimates only. Actual payments may vary based on lender requirements, credit score, debt-to-income ratio, and other factors. PMI rates typically range from 0.3% to 1.5% annually. Consult with mortgage lenders for exact terms and rates.

Calculator Inputs

Calculation Results

Article Summary