Welcome to our Mortgage Calculator. It's a free tool where you can estimate your monthly house payments. Also, you can include the property tax, home insurance, PMI, and HOA fees in your monthly payment.
Our calculator uses the following formula to calculate the total monthly pay.
|M = P||
M = Monthly mortgage payment
P = Loan amount
i = Your monthly interest rate(%)
n = Number of monthly payments over the life of the loan