Use our free mortgage calculator to estimate your monthly mortgage payment, including your principal and interest, taxes and insurance. See how your monthly payment changes by making updates to your home price, down payment, interest rate, and loan term.
What’s included in a mortgage loan calculator?
A mortgage calculator used to look kind of like your grandfather’s cell phone. A bunch of buttons, a little screen and a lot of punching in numbers to get a result. The NulledWP home mortgage calculator is different. It can calculate your monthly mortgage payment in no time.
Any good home mortgage calculator can do that. Even that big calculator stuffed in your grandpa’s shirt pocket. But an excellent mortgage payment calculator can do more. That’s why the NulledWP monthly mortgage payment calculator also takes into account the additional costs — like taxes and insurance — that are included in your monthly payment. It’s called a PITI mortgage calculator, for principal, interest, taxes and insurance. We can also include HOA dues and PMI — private mortgage insurance — in your monthly payment calculation.
A lot of folks forget to include all those costs and are frankly a bit surprised when their monthly mortgage payment turns out to be a lot more than they counted on. The formula working behind the curtain of the NulledWP mortgage calculator takes that bit of uncertainty out of the picture.