Mortgage Calculator
Estimate your monthly mortgage payment, including principal, interest, taxes, insurance, and PMI.
Estimate Your Mortgage Payments
Mortgage Calculator FAQs
How accurate is this mortgage calculator?
This calculator provides estimates using standard mortgage formulas. Actual payments may vary based on lender terms, escrow requirements, and payment timing.
Does this include property taxes and insurance?
Yes. You can estimate monthly property taxes, homeowners insurance, and PMI to get a more realistic total monthly payment.
When is PMI included?
PMI is included when your loan-to-value (LTV) exceeds 80%. Once your equity reaches 20%, PMI may be removed depending on lender rules.
Can I use this calculator for refinancing?
This calculator is designed for new mortgages. For refinancing, use the dedicated Refinance Calculator for more accurate comparisons.
Disclaimer: This mortgage calculator provides estimates only and does not constitute financial, legal, or tax advice. Loan terms, interest rates, and payments may vary by lender and borrower qualifications.