Mortgage Calculator

Use this mortgage calculator to find out what your payments may be per month, how much home you can afford. We are always here to help and with any questions you may have.

This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.

Purchase Information

Purchase Price:

Down Payment Percent:

Down Payment Amount:

Loan Amount:

Annual Interest Rate:

Length of the Mortgage in Years:

Payment Information

Monthly Principal & Interest Payment:

Annual Property Taxes:

Monthly Property Taxes:

Annual Insurance:

Monthly Insurance:

Annual PMI:

Monthly PMI:

Monthly Association Fees:

Monthly Payment (PITI):

Tax Deductable Portion of Payment:

Qualifying Information

Gross Income:

Monthly Debt Payments:

Qualify For Loan?

Maximum Qualifying Loan Amount:

Current Payment to Income Ratio (max approx. 40%):

Current Debt to Income Ratio (max approx. 50%):

Create Amortization Schedule

Longer term loans may take a few moments for the report to be generated.