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EVERYDAY ANSWERS, MADE SIMPLE

Mortgage Calculator

Estimate monthly principal and interest together with the property tax and home insurance you enter.

  • ✓ 100% Free
  • ◎ Accurate Results
  • ϟ Easy to Use
  • ▣ Works on All Devices
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Mortgage Calculator

Estimate home loan payments with down payment, interest, taxes, insurance, and total loan cost breakdown.

Enter home loan details and calculate your monthly mortgage payment.

How to Use

Enter home price, down payment, annual rate, and term in years. Supply annual tax and insurance amounts or enter zero.

Formula and interpretation

Loan principal = home price − down payment. A fixed-rate monthly payment is calculated on that principal; annual tax and insurance are each divided by 12 and added.

Example

At 0% interest, a 120,000 principal over 10 years costs 1,000 monthly before tax and insurance. Other ownership costs and lender fees are not included.