Free Mortgage Calculator . org

This mortgage calculator is used to figure out monthly payments of a home mortgage loan, using the home's sale price, the term of the loan desired, the down payment amount, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment, as well as the town property taxes, and their effect on the total monthly mortgage payment.

 Enter Financing Information:

Sale Price of Home:

  (In Dollars)

Percentage Down:

  %

Length of Mortgage:

  years

Annual Interest Rate:

  %

Explain Calculations:

  Show me the calculations and amortization
   




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