Mortgage Calculator - Calculate Mortgage Payments

Mortgage Calculator

Calculate your monthly mortgage payments and amortization schedule

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Years
$/yr
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How to Use the Mortgage Calculator

  1. Enter the home price and down payment
  2. Input the interest rate and loan term
  3. Add property tax and insurance costs
  4. Include PMI if down payment is less than 20%
  5. Click "Calculate Mortgage" to see your payment breakdown

Mortgage Tips

  • A larger down payment reduces your monthly payments
  • 20% down payment helps avoid PMI costs
  • Consider property tax and insurance in your budget
  • Shop around for the best interest rates