Calculate monthly mortgage payments, total interest, and amortization schedule. Compare loan scenarios.
Want to jump straight in? Use our free Mortgage Calculator tool directly.
Navigate to the Mortgage Calculator on UtilsNow. Plan your home loan with accurate payment estimates.
Input the home purchase price and your planned down payment amount or percentage.
Enter the interest rate and choose the loan term (15-year, 20-year, or 30-year fixed). Compare different terms to see how they affect payments.
Add property tax rate, homeowner insurance, and PMI (if down payment is less than 20%) for a complete monthly payment estimate.
View your monthly payment broken down by principal, interest, taxes, and insurance. See the amortization schedule and total cost over the loan life.
Use our free Mortgage Calculator tool — no signup, no uploads, works directly in your browser.
Open Mortgage CalculatorA typical mortgage payment includes principal repayment, interest, property taxes, and homeowner insurance (often abbreviated as PITI).
A 15-year mortgage has higher monthly payments but significantly less total interest. A 30-year mortgage has lower payments but you pay much more interest overall.
PMI (Private Mortgage Insurance) is required when your down payment is less than 20% of the home price. It typically costs 0.5-1% of the loan amount annually.