Mortgage Payment Calculator
Estimate Your Monthly Mortgage Payments
Use this calculator to estimate your mortgage payments based on loan amount, interest rate, and term. You can also add extra payments to see how they impact the loan payoff.
How Does a Mortgage Payment Calculator Work?
A mortgage calculator factors in the loan amount, interest rate, and loan term to calculate the monthly principal and interest. It also allows for property tax, PMI, and insurance estimates.
Mortgage Payment Calculator
Frequently Asked Questions
How accurate are mortgage calculators?
While calculators give good estimates, they may not account for all costs like HOA fees or variable interest rates.
Can I calculate payments for a 30-year or 15-year loan?
Yes, simply input the loan term of your choice to see how payments differ between 15 and 30-year loans.
