Mortgage Calculator

Estimate your monthly mortgage payments including principal, interest, taxes, and insurance.

Input Details

$60,000

Additional Yearly Costs & Fees

Your Results

Mortgage Payment Breakdown
$0/mo
Loan Amount$0
Total Interest$0
Payoff DateFebruary 2056

Estimate your monthly mortgage payments, including principal, interest, taxes, and insurance (PITI).

Why This Tool Exists

Buying a home is the biggest financial decision most people make. Understanding your monthly commitment is crucial before signing a 30-year contract. This tool helps you visualize the true cost of homeownership.
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I built this after being blindsided by connection fees and PMI on my first home purchase. This tool breaks down the hidden costs so you aren't surprised.

Key Capabilities

Core features that make this tool powerful.

PMI Calculation

Property Tax Estimate

Home Insurance

HOA Fees

How It Works

Understanding the processing logic.

A comprehensive PITI calculator. - **Inputs:** Home price, down payment, rate, term. - **Outputs:** Monthly payment breakdown.

Accuracy & Reliability

Standard amortization formulas used by US lenders.

Who Is This For?

Homebuyers

Budgeting for a new house.

Real Estate Agents

Providing estimates to clients.

Common Mysteries & Fixes

Ignoring Taxes

Property taxes can add hundreds to your monthly bill.

PMI

Don't forget Private Mortgage Insurance if putting down <20%.

Real-World Scenarios

Budgeting

Can I afford this house?

Refinancing

Compare current loan vs new rate.

Why Choose PrivaQuickTools

FeaturePrivaQuickToolsOthers
PrivacyLocalTracking
SpeedInstantSlow

Privacy & Security Guaranteed

We do not store, view, or upload your files. All processing happens in your browser's memory. When you close the tab, all data is wiped from memory.

Good to Know

Large files depends on your device RAM. Processing massive video/PDFs may be slower on mobile devices.

Benefits

  • RealisticIncludes taxes and insurance.
  • FastInstant recalculations.

When Not To Use

While we aim for perfection, browser-based tools have limits. This tool might not be the best fit for:

  • Extremely large files (e.g., video over 2GB)
  • Batch processing thousands of files at once
  • Workflows requiring server-side collaboration or cloud storage

Frequently Asked Questions

Common questions about this tool.

No, this calculates monthly payments. Closing costs are upfront fees.
It uses a national average default. Check your local county assessor for exact rates.