Mortgage Calculator
Estimate your monthly mortgage payment including taxes and insurance.
How it works
Fill in the 5 fields above and Mortgage Calculator calculates the result instantly, recalculating as you change any value. It applies the formula M = P·r·(1+r)ⁿ/((1+r)ⁿ−1) + tax/12. The math runs locally in your browser — nothing is sent to a server.
Formula
M = P·r·(1+r)ⁿ/((1+r)ⁿ−1) + tax/12Examples
- Home price 350000, Down payment 70000, Interest rate 6.5 % → Monthly payment: $2,061.46
Frequently asked questions
How do I use the Mortgage Calculator?
Enter your values in the 5 input fields and the result is calculated automatically as you type. Change any value to see the numbers update instantly.
What formula does the Mortgage Calculator use?
It uses M = P·r·(1+r)ⁿ/((1+r)ⁿ−1) + tax/12. The calculation is performed in your browser using standard, well-established math for accurate results.
Is my data private?
Yes. The Mortgage Calculator runs entirely in your browser. Nothing you enter is uploaded, saved to a server, or shared — it never leaves your device.
Is the Mortgage Calculator free?
Yes, it is completely free with no sign-up, no limits and no watermarks. Like every tool on finance and the rest of the platform, you can use it as often as you like.
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