Free Mortgage Calculator

Mortgage Calculator

Free & Comprehensive - Calculate mortgage payments including PITI, PMI, and get detailed affordability analysis for home buying

Mortgage Details

Additional Costs (Annual)

Mortgage Tips:

• 20% down payment eliminates PMI requirement

• Include all costs for accurate monthly payment

• Compare 15-year vs 30-year loan options

Mortgage Analysis

Enter mortgage details to calculate payments

Get complete PITI breakdown and affordability analysis

Why Use Our Mortgage Calculator?

Complete PITI Calculation

Calculate your complete monthly payment including Principal, Interest, Taxes, Insurance, PMI, and HOA fees for accurate budgeting.

Affordability Analysis

Get income recommendations based on the 28% housing cost rule and understand if you can afford the mortgage payment.

PMI Intelligence

Automatic PMI calculation for down payments under 20% and timeline for when you can remove PMI based on equity building.

Home Buying Planning

Plan your home purchase with detailed cost breakdowns, payment timelines, and long-term financial impact analysis.

Frequently Asked Questions

A complete mortgage payment typically includes Principal & Interest (P&I), Property Taxes, Home Insurance, and potentially PMI (Private Mortgage Insurance) and HOA fees. This is often called PITI.