mAIbmAIbTools

Mortgage Calculator

Estimate your monthly mortgage payment and the total interest over the life of the loan.

How to use

  1. Enter the home price and your down payment.
  2. Add the interest rate and loan term.
  3. See your estimated monthly payment and total interest.
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FAQ

Does this include taxes and insurance?

No — it estimates principal and interest only. Add property tax, insurance and HOA separately.

How is the payment calculated?

It uses the standard amortization formula based on principal, monthly rate and number of months.

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