Mortgage Calculator

Use this free mortgage calculator from SmartFinCalc to estimate your monthly home loan payments including principal, interest, taxes, insurance, and PMI. Compare loan terms and visualize amortization schedules instantly.

Estimate Your Mortgage Payment Instantly

Use our free mortgage calculator to estimate your monthly home loan payments including principal, interest, taxes, and insurance. Get a clear picture of your costs and plan your home purchase with confidence.

Frequently Asked Questions

How do I calculate my monthly mortgage payment?

You can use our mortgage calculator by entering your loan amount, interest rate, term, and other variables to estimate your monthly payment.

What’s included in a mortgage payment?

A typical mortgage payment includes principal, interest, property taxes, homeowner’s insurance, and sometimes PMI.

What is PMI?

Private Mortgage Insurance (PMI) is required if your down payment is less than 20% of the home’s value.

What is an amortization schedule?

An amortization schedule shows the breakdown of each payment into principal and interest over the loan term.