Mortgage Calculator

This mortgage calculator can be used to estimate monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the county property taxes and homeowner's insurance and their effect on the total monthly mortgage payment.

Purchase & Financing Information
Sale Price of Home: dollars
Percentage Down: %
Length of Mortgage: years
Annual Interest Rate: %
OPTIONAL - Annual Property Tax (dollars)
Estimate for me
OPTIONAL - Annual Homeowner's Insurance (dollars)
Estimate for me
Explain Calculations: Show me the calculations and amortization