Mortgage calculator
Use this free mortgage calculator in your browser to estimate monthly payments with taxes, insurance and PMI, plus a full amortization breakdown. No upload, no sign-up.
How to use
- Enter your loan basics. Type the home price or loan amount, your down payment, the interest rate and the loan term in years.
- Add taxes and insurance. Optionally include annual property taxes, homeowners insurance and PMI so the estimate reflects your true monthly cost.
- Pick your currency. Select a currency from the menu so results display in the symbol that matches your situation.
- Review the monthly payment. Watch the estimated monthly payment update instantly as you adjust any input.
- Open the amortization breakdown. Scroll the schedule to see how principal and interest shift across each payment over the full term.
Features
- Complete monthly estimate. Combines principal, interest, property taxes, homeowners insurance and PMI into a single monthly figure.
- Full amortization breakdown. A payment-by-payment schedule shows how much of each installment goes to principal versus interest over time.
- Any currency you need. A currency selector applies the symbol you choose, since the underlying math is universal.
- Instant and private. Calculations happen locally in real time with no upload, no account and no waiting.
- Completely free. Every feature is available at no cost with no usage limits or hidden upsells.
When to use it
- Comparing two loan offers by changing the interest rate and term to see the monthly difference.
- Checking how a larger down payment lowers your monthly payment and may remove PMI.
- Estimating the all-in monthly cost of a home including property taxes and homeowners insurance.
- Seeing how many years of payments go mostly toward interest before principal catches up.
- Planning a budget before talking to a lender or real estate agent.
Is it private?
All calculations run locally in your browser; none of the values you enter are ever uploaded or stored.
Frequently asked questions
Is this mortgage calculator free to use?
Yes. It is completely free with no sign-up, no account and no usage limits.
Is my financial information private?
Yes. Every calculation runs locally in your browser. None of the numbers you enter are uploaded or stored on a server.
What inputs and currencies are supported?
You can enter loan amount, down payment, interest rate, term, property taxes, homeowners insurance and PMI, and choose your currency from the selector. The math is universal across currencies.
Does this include taxes, insurance and PMI?
Yes. You can add annual property taxes, homeowners insurance and PMI so the monthly estimate reflects your true cost, not just principal and interest.
What is an amortization schedule?
It is a payment-by-payment table showing how each installment splits between principal and interest, and how your remaining balance falls over the life of the loan.
Is this financial advice?
No. This tool is for educational and planning purposes only. Your actual rate, fees and required insurance depend on your lender and situation, so confirm figures with a professional.
Why does my estimate differ from a lender quote?
Lenders include items this tool may not, such as origination fees, HOA dues, escrow adjustments and exact rate rounding, so treat the result as a close estimate.
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