An estimate only — PMI, HOA dues, maintenance and closing costs are not included. Confirm exact figures with your lender.
Yes. Mortgage Calculator is completely free, with no sign-up, no daily limit, and no watermark on what you download.
Principal and interest use the standard amortization formula M = P × r(1+r)^n / ((1+r)^n − 1), where P is the loan amount, r is the monthly interest rate and n is the number of payments. Yearly property tax and home insurance are divided by 12 and added to the monthly total.
Yes — enter your yearly property tax and home insurance and they are added to the monthly payment. PMI, HOA dues and maintenance are not included, so treat the result as an estimate and confirm exact figures with your lender.
