Advanced Mortgage Calculator
Your complete solution for estimating your total monthly house payment, including Principal, Interest, Taxes, and Insurance (PITI). Plan your home purchase with confidence.
Principal & Interest
Calculate core loan payments
Property Taxes
Include local taxes in your payment
Home Insurance
Estimate homeowner's insurance
PITI Calculation
Get your total monthly payment
What is a Mortgage Calculator?
A comprehensive financial tool that calculates your complete monthly housing expense, helping you make informed decisions when buying a home.
Comprehensive Home Payment Estimator
Our Mortgage Calculator is a powerful tool designed to estimate your total monthly mortgage payment. Unlike basic EMI calculators, it goes a step further by including other essential homeownership costs. This gives you a true picture of your monthly financial commitment, commonly known as PITI.
Principal & Interest (P&I)
Calculates the core loan repayment based on amount, rate, and term.
Property Taxes
Allows you to factor in annual property taxes, a significant part of housing costs.
Homeowner's Insurance
Includes estimated annual insurance premiums, required by all lenders.
HOA Fees
Optionally add monthly Homeowners Association fees for condos or specific communities.
Accurate PITI Estimates
Get a reliable estimate of your total monthly payment, not just the principal and interest.
Amortization Schedule
See a year-by-year and month-by-month breakdown of how your payments reduce your loan balance.
Export & Share
Download your complete mortgage breakdown to share with your family, agent, or lender.
Why Choose Our Calculator?
100% Free
No hidden charges or subscription fees
No Registration
Start calculating immediately without signup
Mobile Friendly
Works perfectly on all devices and screens
Instant Results
Real-time calculations as you type
Professional Mortgage Calculator
Enter your home and loan details below to estimate your total monthly payment.
How to Use the Mortgage Calculator
Follow these simple steps to get an accurate estimate of your monthly mortgage payment.
Enter Property and Loan Details
Start by entering the Home Price and your intended Down Payment percentage. The Loan Amount will be calculated for you. Then, fill in the Interest Rate and Loan Term in years.
💡 Tip: Experiment with different down payment percentages to see how it impacts your loan amount and monthly payment.
Add Additional Costs
For a complete payment estimate, enter your annual Property Taxes, annual Homeowner's Insurance, and any monthly HOA Fees.
Get Your Complete Breakdown
Click "Calculate" to see your total monthly payment. Analyze the results, including the visual charts and the detailed amortization schedule.
⚡ The pie chart visually breaks down your monthly payment into its core components.
Download & Share Results
Export your full mortgage analysis, including the amortization table, to save for your records or share with a co-borrower, real estate agent, or lender.
Quick Tips for Best Results
Be Realistic
Use realistic estimates for taxes and insurance for a more accurate total payment.
Compare Scenarios
Change the loan term or down payment to see how it affects your monthly budget.
Save for Later
Download or share your calculations for future reference and discussions.
How Our Mortgage Calculator Can Help
Discover how our calculator is used in various property financing scenarios and decision-making processes.
First-Time Home Buyers
Estimate your monthly payment to understand what you can afford. See how different down payments and loan terms affect your budget before you start house hunting.
Refinancing Your Mortgage
Compare your current mortgage payment with a potential new one at a different interest rate or term. See if refinancing can lower your monthly payments or help you pay off your home faster.
Analyzing Investment Properties
For real estate investors, quickly calculate the PITI for a potential rental property. Compare this cost against expected rental income to analyze cash flow and investment viability.
Professional Use Cases
Financial Planners
Help clients budget for a home purchase and understand its impact on their overall financial health.
Mortgage Brokers
Provide quick and comprehensive payment estimates to clients during consultations.
Real Estate Agents
Help buyers understand the full cost of ownership for a property they are viewing.
Mortgage Calculation Examples
See real-world examples of how our mortgage calculator works for different property types and loan scenarios.
Apartment in a Metro City
Scenario: Young Professional's First Home
Anya is buying an apartment valued at ₹80 lakh.
Independent House in a Suburb
Scenario: Growing Family's Home
The Verma family is buying a house for ₹1.2 Crore.
Trusted by Thousands for Home Buying Decisions
Join a growing community of home buyers who rely on our platform for secure, fast, and free mortgage calculations. Your trust is our top priority—no sign-ups, no hidden costs, and complete privacy.
Mortgage Calculator FAQs
Get instant answers to common questions about calculating your mortgage payments.
PITI stands for Principal, Interest, Taxes, and Insurance. These are the four main components of a monthly mortgage payment. Our calculator helps you estimate the total PITI, giving you a complete picture of your monthly housing cost.
Your total payment includes escrowed costs like property taxes and homeowner's insurance, which your lender collects monthly and pays on your behalf. Our calculator adds these estimated costs to your Principal and Interest (P&I) payment for a more accurate total.
A larger down payment reduces your total loan amount. This results in a lower monthly mortgage payment and less total interest paid over the life of the loan. It can also help you avoid Private Mortgage Insurance (PMI).
It's a detailed table showing each monthly payment over the course of the loan. It breaks down how much of each payment goes towards interest and how much goes towards reducing your principal loan balance.
Most loans allow you to make extra payments towards the principal. This calculator shows the standard amortization schedule. Making extra payments will help you pay off your loan faster and save a significant amount on total interest. Always check with your lender for any prepayment penalties.