Mortgage Calculator

This free mortgage calculator will help you determine how much house you can afford and calculate your monthly mortgage payments including PMI, PITI, taxes and insurance

The first section will help you calculate a simple mortgage payment (without taxes, insurance or PMI) if you know the price of the home, down payment and interest rate. The second section will help you calculate your total mortgage payment including PMI, property taxes and insurance. The final section will tell you how much house you can qualify for based on your income and debts.

Complete or change the fields below. The calculator will automatically recalculate anytime you press the Tab key after making a change.

Purchase Information

Purchase Price:

Down Payment Percent:

Down Payment Amount:

Loan Amount:

Annual Interest Rate:

Length of the Mortgage in Years:

Payment Information

Monthly Principal & Interest Payment:

Annual Property Taxes:

Monthly Property Taxes:

Annual Insurance:

Monthly Insurance:

Annual PMI:

Monthly PMI:

Monthly Association Fees:

Monthly Payment (PITI):

Tax Deductable Portion of Payment:

Qualifying Information

Gross Income:

Monthly Debt Payments:

Qualify For Loan?

Maximum Qualifying Loan Amount:

Current Payment to Income Ratio (max approx. 40%):

Current Debt to Income Ratio (max approx. 50%):

Create Amortization Schedule

Longer term loans may take a few moments for the report to be generated.

Ready to take the first step? Get Preapproved for a Mortgage

Mortgage Calculator

Purchase Information

Payment Information

Qualifying Information

Create Amortization Schedule

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