100% accurate estimates including taxes, extra payments, and biweekly schedules.
A mortgage calculator is essential for home buyers, homeowners, and real estate investors to understand the true cost of a mortgage. Our free online mortgage calculator lets you calculate monthly mortgage payments including principal, interest, taxes, insurance, PMI, HOA fees, and other costs — all with adjustable down payments, loan terms, and interest rates. Whether you're a first-time home buyer budgeting for a new home, a homeowner considering refinancing, or a real estate investor evaluating a property, this tool provides accurate, detailed amortization schedules and payment breakdowns.
The calculator includes advanced features: adjustable down payment (percentage or fixed amount), property tax and home insurance with annual increase projections, PMI that automatically drops at 80% LTV, HOA fees, biweekly payment comparison showing interest savings, extra payments (monthly, yearly, or one-time), customizable start date, and a full amortization schedule showing principal, interest, extra payments, escrow, and remaining balance for each month. All calculations update live as you adjust any input.
Processing happens entirely in your browser — no data is sent to any server. From first-time buyers and real estate professionals to financial advisors, investors, and homeowners planning extra payments, this tool helps everyone estimate mortgage costs accurately. No registration, no server uploads, no limits.
Tip: Enable "Biweekly Payback" to see how paying half your monthly payment every two weeks saves thousands in interest and shortens your loan term. Use extra payments to model accelerated payoff scenarios.
Estimates monthly mortgage payments including principal, interest, taxes, insurance, PMI, HOA, and other costs. Generates a full amortization schedule.
Yes, completely free with no limits, subscriptions, or hidden fees. Calculate unlimited scenarios.
No. Start calculating mortgage payments instantly without any account.
Yes. All calculations happen entirely in your browser. No financial data is sent to any server.
Home price, down payment (% or $), loan term, interest rate, start date, property tax, insurance, PMI, HOA, other costs, annual increases, extra payments, and biweekly option.
Yes. PMI is included and automatically drops when the loan balance reaches 80% of home value.
Shows results if you pay half your monthly payment every two weeks. This results in 26 half-payments per year (13 full payments), accelerating payoff and saving interest.
Yes. Add monthly extra, yearly extra, and/or a one-time extra payment. The payoff time and interest saved are recalculated automatically.
A table showing each monthly payment broken down by principal, interest, extra payments, escrow, and remaining balance over the loan term.
Chrome, Firefox, Safari, Edge, and Opera. Works on desktop and mobile.
Yes, fully responsive for smartphones and tablets.
Results are estimates for informational purposes. Actual mortgage payments depend on lender-specific rates, fees, and underwriting. Consult a mortgage professional for official quotes.
Buying a home is a major financial decision. Understanding your monthly mortgage payment — including taxes, insurance, and PMI — is essential for budgeting. Our free online mortgage calculator provides detailed, accurate estimates instantly.
Calculates monthly mortgage payments including principal, interest, taxes, insurance, PMI, HOA, and other costs. Generates a full amortization schedule and supports biweekly comparisons.
No installation, instant results, customizable inputs, advanced features (extra payments, biweekly, cost increases), completely free.
Calculate your monthly mortgage payment with taxes, insurance, PMI, and extra payments — entirely in your browser. Full amortization schedule, biweekly comparison, and instant updates. No registration, no costs — try it now.