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Mortgage Calculator

Use the quick and easy mortgage calculator below to get an idea of your monthly mortgage payment based on purchase price, loan term, down payment, annual taxes, and interest rate. Use our advanced mortgage calculator to add in homeowner’s insurance and private mortgage insurance (PMI), extra payments, and view the amortization schedule.

Advanced Mortgage Calculator
$

10%

1%

6.75%

$1421

Monthly Payment

Principal & Interest $1421

Monthly Taxes $1421

This calculator is a tool that buyers can use to estimate monthly payments and adjust different variables to see how that will affect your monthly payment. Please contact your loan officer for the exact monthly payment for your specific mortgage.

Why Use a Mortgage Loan Calculator

One of the most useful tools when shopping for a home or considering whether or not you can afford to purchase a home or other piece of real estate is a mortgage calculator. A mortgage calculator allows you to adjust all essential monetary parameters involved with obtaining a mortgage to buy a home and outputs what your monthly payment will be. It’s easy to adjust things like purchase price, down payment, interest rate, property taxes, insurance, and HOA fees. As you can imagine it is super helpful and allows you to play with different numbers and scenarios. It’s something easy you can do on your own when researching or contemplating home ownership. Mortgage calculators make number easy to play with, but you might have other questions about mortgages or the process of obtaining a home loan. The team of home loan officers at Executive Mortgage are experienced, responsive, and pressure free. Have a question? Ask us! Want to schedule a free consultation? Fill out the form. Ready to Apply? Submit the application online. Have another question or comment? Fill out our contact form.