Mortgage Calculator
Calculate your mortgage payments and see how much home you can afford. Plan your home purchase with confidence.
Mortgage Calculation Results
Monthly P&I
$0
Total Monthly Payment
$0
Total Interest
$0
Total Cost
$0
Loan Amount
$0
Down Payment
$0
Loan-to-Value Ratio
0%
Mortgage Information
Understanding Your Payment
- Principal & Interest (P&I): Your loan payment
- Property Tax: Annual tax divided by 12
- Home Insurance: Protects your investment
- PMI: Required if down payment < 20%
Tips for Home Buyers
- • Aim for 20% down payment to avoid PMI
- • Keep total housing costs under 28% of income
- • Shop around for the best interest rates
- • Consider shorter loan terms to save on interest