Online Tools

Mortgage calculator

This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI for loans where less than 25% is put as a down payment. Also taken into consideration are the municipal property taxes, and their effect on the total monthly mortgage payment instead of town property taxes.
Purchase & 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