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Simple Mortgage Calculator
Not sure how much house you can afford? Running the numbers for your next investment property? Our mortgage calculator is a quick and easy way to determine your monthly payments.
Loan Details
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%
$
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Results
Total Monthly Payment
$0.00
Principal, Interest, Taxes & Insurance (PITI)
Breakdown
Principal + Interest (P&I)$0.00
Monthly Taxes$0.00
Monthly Insurance$0.00
Total Monthly Payment$0.00
Important Note
This calculator provides estimates only. Actual loan terms, interest rates, and payments may vary. Consult with a qualified mortgage professional for precise calculations and loan options.
Understanding Your Payment
1Principal & Interest (P&I)
This is your monthly loan payment that goes toward paying down the loan balance and interest charges. Early in the loan term, more goes toward interest; later, more goes toward principal.
2Taxes & Insurance
Property taxes and homeowner's insurance are often included in your monthly payment and held in an escrow account. These amounts can vary annually based on local tax rates and insurance costs.