Mortgage Calculator | TechWise Insider

Mortgage Calculator

Calculate your monthly mortgage payment with taxes, insurance, and HOA fees. Adjust inputs to see how different terms affect your payment.

Note: This calculator provides estimates only. Contact lenders for exact quotes.

Property Information

$450,000
20%
Down Payment Amount: $90,000
30 years

Loan Details

6.5%
Additional Monthly Costs
1.2%
$1,500
0.7%
PMI applies when down payment is less than 20%
$0

Your Results

Estimated Monthly Payment
$2,547
Principal & Interest • Taxes • Insurance • PMI • HOA

Payment Breakdown

Principal & Interest $2,047
Property Tax $450
Home Insurance $125
PMI $0
HOA Fees $0
Total Monthly Payment $2,547

Loan Summary

Loan Amount $360,000
Down Payment $90,000 (20%)
Interest Rate 6.5%
Total Interest Paid $472,220
Total of All Payments $832,220
Pay-off Date June 2054
View Amortization Schedule
Year Principal Interest Remaining Balance

Important Disclaimer

This mortgage calculator provides estimates based on the information you provide. It is for informational purposes only and does not constitute financial advice. Your actual mortgage payment may vary based on additional factors including but not limited to: your credit score, specific lender requirements, property location, and closing costs. Always consult with a qualified financial advisor or mortgage professional before making financial decisions. The calculations assume a fixed-rate mortgage and do not account for adjustable-rate mortgages (ARMs) or other variable loan products.

This calculator includes industry-standard components of PITI (Principal, Interest, Taxes, and Insurance)[citation:9] to provide a comprehensive monthly payment estimate.