Mortgage Calculator
Estimate payments with down payment, taxes, insurance and PMI.
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About the Mortgage Calculator
Estimate a full monthly mortgage payment, not just principal and interest. The Toolcenter Mortgage Calculator adds property tax, home insurance, HOA dues and PMI (when the down payment is under 20%), and breaks the payment into a visual bar. It also shows the down payment, loan amount and total interest.
How to use it
- 1Enter the home price and down payment percentage.
- 2Add the interest rate and term.
- 3Fill in yearly tax, insurance and any HOA dues.
- 4Review the monthly payment breakdown and totals.
Key features
- Principal, interest, tax, insurance, HOA and PMI
- Automatic PMI when down payment is below 20%
- Visual payment breakdown
- Down payment, loan amount and total-interest figures
- Multiple currencies
Frequently asked questions
When is PMI included?+
Private mortgage insurance is added automatically when your down payment is less than 20% of the home price, estimated at roughly 0.7% of the loan per year.
Does it include closing costs?+
No. It focuses on the recurring monthly payment. Closing costs are one-off and vary by lender and location.
How is total interest calculated?+
From the principal-and-interest payment over the full term minus the loan amount.
Is my data uploaded?+
No. The estimate is calculated entirely in your browser.
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