Mortgage Calculator
Estimate your monthly home loan payments, total interest, and full cost
Loan Information
Payment Breakdown
Enter your loan details to see your mortgage breakdown
About This Mortgage Calculator
Estimate your monthly mortgage payments including principal, interest, taxes, insurance, and PMI. See total interest and full loan cost over time.
What is a Mortgage Calculator?
A mortgage calculator estimates your monthly home loan payment based on home price, down payment, interest rate, loan term, and additional costs like taxes and insurance.
Why You Need a Mortgage Calculator?
- Affordability: Know what you can afford before house hunting.
- Compare Loans: See how rates and terms affect payments.
- Plan Budget: Include taxes, insurance, and PMI in your budget.
- Save Thousands: Understand total interest and loan cost.
How to use the Mortgage Calculator — Complete guide:
Step 1 — Enter home price and down payment
Use $ or % toggle. 20%+ avoids PMI.
Step 2 — Select loan term
30-year is common; shorter = less interest.
Step 3 — Input interest rate
Check current rates or use estimate.
Step 4 — Add taxes, insurance, PMI
Property tax: ~1% of home value/year.
Example:
$400k home, 20% down, 4.5%, 30-yr → ~$1,620/month P&I
Frequently Asked Questions:
Educational Resources:
Contact & Collaboration
Questions? Feedback? Let's connect!
Email Us
Contact us at info@emergencyfundcalculator.com
For partnerships or feature requests — we're open to collaboration!