Free Online Mortgage Calculator, Payment With Tax, Insurance and PMI
See the real monthly cost of a home, not just the loan. Enter the price, your down payment, the rate and the term, then add property tax, insurance and PMI. It shows the principal and interest on their own and the full monthly payment together, so the escrow part is never hidden inside the loan figure.
Free Forever Nothing Uploaded Tax, Insurance, PMI Full Breakdown
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Mortgage CalculatorThe full monthly payment, with tax, insurance and PMI kept separate.
Everything is worked out in your browser. No number you type is sent anywhere, and there is no account.
The home and the loan
Nothing is uploaded; every number stays in your browser.
$
%
years
$
$
$
Usually charged while the down payment is under 20%.
Result
The save button in the top bar keeps the numbers you have filled in, on this device only.
Numbers
Display
Size
Theme
Full screen hides the page around the tool. Press Escape, or the button in the bar, to come back.
History
Your data
Settings, history and saved setups live in this browser and nowhere else. There is no account and no server, which also means clearing them here is final.
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Tax and insurance ride along with it, but they are not the mortgage.
The cheque you write each month usually covers more than the loan. Alongside the principal and
interest, most lenders collect a share of the property tax, the home insurance, and, if your
deposit was small, private mortgage insurance. They hold that in escrow and pay the bills for
you. It is one payment, but only part of it is the mortgage.
This keeps the two apart, which is the honest way to show it. The principal and
interest is what actually pays the house off; the tax and insurance would be owed whether you
had a mortgage or not. Seeing them separately tells you what an extra payment can and cannot
speed up, and stops a big tax bill making the loan look more expensive than it is.
PMI is the cost of a small deposit, and it usually goes away. With less than twenty
percent down, most lenders add private mortgage insurance until your balance falls to eighty
percent of the value, then drop it. It is shown on its own line so you can see what a larger
deposit would save, and so it is not mistaken for part of the loan forever.
Where Your Input Goes
Nowhere. And you can check that yourself.
Your home price and loan figures are worked out in your browser and never sent anywhere.
It is all done by your own browser. Press F12, open the Network tab, and use the tool:
the page fetches its own code and nothing else. Or load the page, turn off your wifi, and
carry on. It still runs, because there was never a server in the middle.
How to Calculate a Mortgage Payment
A few steps, and nothing is uploaded.
1
Enter the price and depositThe home price and your down payment, as an amount or a percent.
2
Add the rate and termThe yearly interest rate and the length of the loan.
3
Add tax, insurance and PMIThe yearly figures; they are shown per month and kept apart from the loan.
4
Read the full paymentThe total, with principal and interest split from the escrow items.
What to Know About Mortgage Payments
Including the things this tool cannot do.
Only the principal and interest actually pay off the loan. Property tax, insurance and PMI are collected alongside and passed on to the tax office and insurers. This keeps them on separate lines, so the payment total is clear but you can still see what is really the mortgage.
PMI is the price of a deposit under twenty percent, and it is usually temporary. Lenders add it until the balance reaches eighty percent of the value, then remove it. Shown on its own line here, it makes the cost of a smaller deposit visible instead of hiding it inside the payment.
The interest total over thirty years is often close to the price of the home. A long term makes the monthly payment small and the total interest large. The figure here shows that trade plainly, which is worth seeing before choosing a term.
This is the payment, not a full closing estimate. A real purchase adds closing costs, points, and sometimes HOA fees, and tax and insurance change over time. Use this for the monthly figure and the lender's documents for the complete picture.
Key Features & Capabilities
What this tool does, and what it deliberately does not.
Full monthly paymentPrincipal, interest, tax, insurance and PMI in one figure and broken out.
Escrow kept separateTax and insurance shown apart from the loan, not hidden inside it.
Deposit as amount or percentEnter either; the percent decides whether PMI applies.
As you typeEverything updates while you edit.
History and savedRecent runs and named setups, on this device only.
Nothing uploadedYour figures stay in the browser.
About the Mortgage Calculator
A mortgage payment looks like one number and is really several. Behind it sit the loan itself, the property tax, the home insurance and, for a smaller deposit, mortgage insurance. This calculator shows the whole payment and then splits it, so you can see which part is buying the house and which part would be owed regardless.
Enter the price, the deposit as an amount or a percent, the rate and the term, then add the yearly tax, insurance and PMI. The deposit percent decides whether PMI applies, and the result lays out the principal and interest, each escrow item per month, the loan amount, and the total interest over the life of the loan.
It is the monthly figure and the mechanics, not a closing estimate or advice. There is no rate fetched from anywhere, no offer, and nothing is uploaded; the arithmetic happens in your browser. For the complete cost of buying, including closing fees and how tax and insurance change over time, use the lender's own documents alongside this.
Frequently Asked Questions
Why the payment is bigger than the loan, and what PMI is.
Because most lenders collect property tax and home insurance with the mortgage and hold it in escrow, plus PMI if your deposit was small. Only the principal and interest pay off the loan; the rest would be owed with or without a mortgage. They are shown separately here.
Private mortgage insurance is charged when your deposit is under twenty percent, protecting the lender. It usually ends once the balance drops to eighty percent of the value. It has its own line here so you can see what a bigger deposit would save.
Either. Enter a cash amount or a percentage of the price; the tool works out the other and uses the percent to decide whether PMI applies. Twenty percent is the usual line above which PMI is not charged.
No. It is the ongoing monthly payment. Closing costs, points and any HOA fees are separate, and tax and insurance change over time. Use the lender's documents for the full purchase cost.
No. The payment, the property tax, the insurance and the PMI are worked out in this tab from your own figures. Saved setups stay in this browser, and no lender ever sees them.
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