Mortgage Calculator
Calculate payments, PMI, and amortization
Mortgage Calculator
Calculate payments, PMI, and amortization schedules
Loan Type
Percent (%) Dollar Amount ($)
About Mortgage Calculator
Calculate comprehensive mortgage payments including:
- Principal & Interest (P&I)
- Private Mortgage Insurance (PMI)
- Property taxes
- Homeowners insurance
- Total monthly payment (PITI)
- Amortization schedules
- Extra payment analysis
Loan Types
Conventional
Traditional loan with competitive rates. No PMI required with 20% down.
FHA
Government-backed loan for first-time buyers. 3.5% minimum down, MIP required.
VA
Zero down payment for qualified veterans. No PMI required.
Mortgage Tips
• 20% down avoids PMI on conventional loans
• Extra payments significantly reduce total interest
• Shop multiple lenders for best rates
• Consider total monthly payment, not just P&I
• Factor in HOA fees and maintenance costs
Loan Type
Percent (%)
Dollar Amount ($)
Mortgage Tips
• 20% down avoids PMI on conventional loans
• Extra payments significantly reduce total interest
• Shop multiple lenders for best rates
• Consider total monthly payment (PITI)