Mortgage Payment Calculator

Note: This mortgage calulator is unique in that it allows you to change the settings for the various variables that will apply in calculating your mortgage payment and monthly costs of home ownership. You can change the prefilled values to your values to reach a more accurate prediction of your costs. There is no guarantee that this calculator will accurately predict your actual payments and costs.

Downpayment: Enter percentage or amount

OR

Change to your own values to make the calculator more accurate.

Loan Term
Number of years
Interest Rate %
percentage (%)
Mortgage Insurance*
percentage (%)
Real Estate Tax Rate %
percentage (%)
Homeowners' (or Hazard) Insurance
Monthly rate in dollars ($)
Homeowners' Association
Monthly fee in dollars ($)

*If you leave the mortgage insurance field blank and your downpayment is less than 20%, mortgage insurance is added at .85 of the loan value .

RESULTS

Purchase Price:
Downpayment Amount:
Downpayment Percentage:
Amount of Loan:

Payment Breakdown

Principle and Interest:
Real Estate Taxes:
Mortgage Insurance*:
Homeowners Insurance:
Association Fee:
Total Monthly Payment: