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Mortgage Payment Calculator

Debra Cole's Mortgage Calculator

Use this mortgage calculator to calculate your estimated monthly mortgage payments quickly and easily. Enter your home location and the desired home price in the fields below. In seconds, you will have an estimate of your monthly house payment.
 

Mortgage Calculator



Purchase price

Please enter here the amount you expect to pay for a home.




Enter a value

Down payment

Down payment is cash that you pay upfront for your home.

10.0%



Enter a value

Term in years

Number of years you have to pay.

years



Enter a value

Interest rate (per year)

The percentage of interest that you will pay on your mortgage for a specific term.

%



Enter a value

Property tax

Enter your property tax here if you know it.

per year



Enter a value

Home insurance

Most lenders require home insurance. Enter its price here.

per year



Enter a value

PMI

PMI is Private Mortgage Insurance which is usually required to pay if your Down payment less than 20%.

per month


Enter a value

Your total monthly payment


$

Principal & Interest
$

Home insurance
$

Property taxes
$

PMI
$