Mortgage Calculator

🏦 Elegant Mortgage Calculator

Remember Your Details: Allow this tool to save your mortgage inputs locally in your browser? No data is sent to any server.

Mortgage Basics

Loan Amount ?The total amount borrowed for the property purchase after any down payment.

Annual Interest Rate (%) ?The yearly interest rate for the loan. For ARMs, enter the initial rate.

Loan Term ?The duration over which the loan will be repaid.

Years Months

Down Payment (Optional) ?The initial amount paid upfront towards the property purchase. Helps calculate Loan-to-Value (LTV).

Currency INR (₹) USD ($) EUR (€) GBP (£) AUD (A$) CAD (C$)

Loan Start Date (Optional)

Mortgage Type & Additional Costs

Mortgage Type ?Select the type of mortgage. This may reveal additional input fields below. Fixed-Rate Mortgage Adjustable-Rate Mortgage (ARM) Interest-Only Mortgage Balloon Mortgage

ARM Details

Initial Fixed Period (Years) ?Number of years the initial fixed rate applies.

Adjustment Frequency (Years) ?How often the rate adjusts after the initial period (e.g., 1 for yearly). Full simulation not included.

Interest-Only Details

Interest-Only Period (Years) ?Number of years during which only interest is paid.

Balloon Details

Amortization Basis (Years) ?Payments are calculated as if the loan term was this long (e.g., 30 years), but the full balance is due at the actual term end.

Include Property Taxes, Insurance & HOA Fees?

Annual Property Taxes (Optional) ?Estimated yearly property tax amount. Will be added to monthly payment.

Annual Home Insurance (Optional) ?Estimated yearly homeowner's insurance premium.

Monthly HOA Fees (Optional) ?Monthly fees charged by a Homeowners Association, if applicable.

Load Data from CSV (Optional) Header: loanAmount, interestRate, loanTermYears, downPayment, propertyTaxes, homeInsurance, hoaFees etc.

Mortgage Payment Summary

Monthly Payment (PITI): --

Principal & Interest (P&I): --

Property Taxes (Monthly): --

Home Insurance (Monthly): --

HOA Fees (Monthly): --

---

Total Interest Paid: --

Total Payments (incl. optional costs): --

Final Balloon Payment: --

Visual Breakdown

Monthly Payment Components

Loan Balance Over Time

Amortization Schedule

Month #	Date	Principal	Interest	Taxes	Insurance	HOA	Total Payment	Balance

💡 Financial Insights & Tips

Disclaimer: Calculations are estimates based on inputs and standard formulas. ARM calculations show initial payment only. Balloon/Interest-Only schedules are simplified. Consult a qualified lender or financial advisor for precise terms, official disclosures, and personalized advice.