Mortgage Calculator
Calculate mortgage payments, PMI, taxes, and insurance. Perfect for home buying decisions and refinancing analysis.
Mortgage Calculator
Enter home details to calculate mortgage payments
Common Scenarios:
First-time Buyer: $300K home, 5% down, 3.5% rate = $1,347/month
Move-up Buyer: $500K home, 20% down, 3.2% rate = $1,730/month
Refinance: $400K loan, 3.0% rate, 30 years = $1,686/month
Mortgage Summary
Detailed mortgage payment breakdown
Enter home details above to see mortgage calculation results
Conventional Loans
Fixed Rate: Stable payments
ARM: Adjustable rate
Jumbo: High-value loans
Conforming: Standard limits
Government Loans
FHA: Low down payment
VA: Veterans benefits
USDA: Rural areas
HUD: First-time buyers
Special Programs
First-time Buyer: Special rates
Down Payment Assistance: Help programs
Energy Efficient: Green loans
Renovation: Fixer-upper loans
Mortgage Calculation Tips
Important factors to consider when calculating mortgages
Key Factors:
Down Payment: 20% avoids PMI
Interest Rate: Shop around for best rates
Loan Term: Shorter = less interest
Additional Costs:
Property Tax: Varies by location
Home Insurance: Required by lenders
PMI: Required if LTV > 80%