Mortgage Calculator
Loan amount: $
Interest rate: %
Loan term: years
Start date:
Property tax: %
PMI: %
Output parameters »
Please note: This calculator will display results in a new window. Close the window to return to this site. Click on “Output Parameters” at the bottom to change the way your results will be displayed to you. This is using a free internet service, so there will be ads presented on the screen that pops up.

Also note: PMI is typically used when you have less than 80-90% equity, and more often when you are a first-time buyer. If you use a conventional loan (80% loan amount), PMI is not required. If you get a loan that requires PMI, when you reach 20% equity (or sometimes less), you can usually refinance and remove the requirement. If you will need PMI and do not have an actual number to use, 0.5% is usually a good estimate.