About Our Mortgage Payment Calculator
Professional-grade mortgage payment modeling with PITI, PMI, and full amortization.
Key features
- Complete PITI Calculations (Principal, Interest, Taxes, Insurance)
- PMI Analysis with automatic estimates and removal timeline
- Detailed Amortization Schedule with payment breakdowns
- Scenario Comparisons across terms, rates, and down payments
- Interactive Charts for payment and equity visualization
- Mobile-optimized experience with PDF export
How to use
- Enter loan details: home price, down payment, interest rate, and term
- Add monthly costs: property taxes, insurance, and HOA fees
- Review results: payment breakdown and amortization schedule
Tips
- Consider total monthly payment, not just principal and interest
- Account for maintenance, utilities, and other ownership costs
- Compare rate scenarios and consider pre-approval to lock rates
- Putting 20% down can eliminate PMI and reduce monthly costs
Frequently Asked Questions
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