Mortgage Calculators
Mortgage calculators that show the whole monthly payment, not just principal & interest: the mortgage payment calculator adds property tax, homeowners insurance, PMI, and HOA dues to the loan payment, finds the month PMI ends, and shows the balance year by year.
Mortgage FAQs
Principal & interest plus property tax, homeowners insurance, PMI while the down payment is under 20%, and HOA dues. On the worked example — a $400,000 home with $80,000 down at 6.5% over 30 years — that is $2,022.62 + $400 + $150 = $2,572.62 a month, with no PMI and no HOA. Closing costs are not in the monthly figure; Freddie Mac puts them at 2–5% of the price, paid at closing.
The calculator amortizes the loan month by month and reports both dates: the month the balance reaches 80% of the home value (when you can ask for removal) and the month it reaches 78% (when it must end automatically). On a $400,000 home with 10% down at 6.5%, that is month 95 and month 109. Extra principal payments move both dates earlier.
Planning estimates only — not financial advice. Read the disclaimer.