Mortgage Payment Calculator
|
Mortgage Payment Calculator* -
Use this advanced mortgage payment
calculator to calculate your PITI mortgage payment when buying a home. This mortgage
payment calculator automatically calculates the mortgage
payments with principal, interest, property taxes,
insurance and if applicable private mortgage insurance of three different mortgage loans.
Mortgage Payment Calculator Instructions
Step 1: Enter Sales Price of Property
Step 2: Enter Down Payment
Step 3: Select up to 3 different mortgage rates / programs to calculate mortgage
payments
Click Button:
"Calculate PITI Mortgage Payments"
|
|
Step 1: Sales Price of Property |
|
Sales Price |
$
|
|
Step 2: Down Payment Amount |
|
Down Payment |
$
(i.e. 10000 = 10,000)
|
|
Step 2: Select Mortgage Rates & Amortization to Calculate Mortgage Payments |
|
Select the estimated current mortgage rates and programs on this mortgage payment
calculator.
(Note: if
using an adjustable rate mortgage, you must qualify at the fully indexed rate, which
will be approximately the same as a 30 year fixed in most cases). |
|
Mortgage Amortization |
|
|
|
|
Mortgage Rate |
|
|
|
|
|
Mortgage Payment Calculator Results for Three Mortgages |
|
Below are the results of the mortgage payment calculator. View the PITI mortgage
payments including PMI if applicable.
|
|
Loan Programs |
|
|
|
Free > Compare Mortgage Loan Options & Rates – Get Started Now!
|
|
Mortgage Payment (P.I. only) |
|
|
|
|
Mortgage Payment (P.I.T.I)
|
|
|
|
|
Mortgage Rate |
% |
% |
% |
|
Sales Price |
|
|
|
|
Loan Amount
|
|
|
|
|
Down Payment |
|
|
|
|
Loan to Value |
% |
% |
% |
|
Property Taxes ** |
|
|
|
|
Homeowners Insurance ** |
|
|
|
|
Private Mortgage Insurance (PMI), if LTV over 80% |
|
|
|
Add to Favorites | 
Email to a Friend |
 Print this
Page
Tag Del.icio.us | Digg | Furl |
Suggestions / Feedback
|
|
Property Tax and Homeowners Insurance Assumptions** |
|
Mortgage payment calculator uses a generic estimate for these mortgage payment calculations. You may refine the mortgage payment calculation by selecting a more accurate
property tax and / or insurance
rate in your area. Both
annual and the prorated monthly amounts are shown with the mortgage payment calculator. Use the drop-down and the mortgage payment amounts will automatcially
be recalculated. |
|
|
Annually |
Monthly |
|
Property Taxes based on
per year. |
|
|
|
Homeowners Insurance
per year. |
|
|
Mortgage Payment Calculator Disclosure* - The information provided on or through
this site and this mortgage payment calculator is for purposes of general consumer education only and is not intended
as a substitute for advice from a qualified professional, such as, but not limited
to, a lawyer, mortgage broker, accountant, investment advisor, insurance broker,
financial planner, real estate agent or home inspector. We can not and do not guarantee
the accuracy or the applicability of this information provided by this mortgage payment calculator to your circumstances. We
encourage you to seek personalized advice from qualified professionals regarding
all personal finance and real estate issues.
Estimate Monthly Taxes & Insurance** - This is an estimated mortgage payment
amount of the property
taxes, homeowners insurance and possible private mortgage insurance. This may vary
from area to area. Mortgage payment calculator uses property
taxes estimated at 1.25% per year. Homeowners insurance
estimated at .0035% per year and PMI estimated at following rates: 95.01-100% LTV
= 1.03% , 90-95% LTV = .875%, 85-90% LTV = .625%, 80-85% LTV = .375%.
|