Mortgage Popular Mortgage Tools
Refinance Calculator
Compare your current mortgage with a new loan and estimate monthly savings.
Affordability Calculator
Find out how much home you may afford based on income and debt.
Extra Payment Calculator
See how extra monthly payments may reduce interest and shorten your loan.
Amortization Schedule
View yearly principal, interest, and remaining balance estimates.
Amortization Preview
After calculating your payment, this table shows a simplified yearly schedule.
| Year | Interest Paid | Principal Paid | Balance |
|---|---|---|---|
| Click calculate to generate schedule. | |||
Mortgage Guides
Your trusted source for mortgage calculators, home loan guides, refinancing tips, and simple explanations that help US buyers make smarter financial decisions.
Mortgage Calculator
Estimate monthly payments including principal, interest, taxes, insurance, PMI, and HOA fees.
Calculate Now →Refinance Guides
Compare your current home loan with refinance options and understand when refinancing may help.
Read Guides →Home Buying
Learn about down payments, closing costs, credit score requirements, and loan options.
Start Learning →Mortgage Rates
Follow rate trends and understand how interest rates affect your monthly payment.
View Rates →FHA Loans
Simple guides for buyers who want to understand FHA loan basics and eligibility factors.
Explore FHA →VA Loans
Helpful information for eligible veterans, service members, and families comparing VA loans.
Explore VA →Credit Tips
Understand how credit score, debt-to-income ratio, and payment history can affect mortgage approval.
Improve Credit →Amortization
See how each monthly payment is split between interest and principal over the life of the loan.
View Schedule →Trusted, Simple, and 100% Free
Mortgage Payate gives readers free tools and educational content to compare payments, understand loan terms, and prepare better questions before speaking with a licensed mortgage professional.
Latest Mortgage Guides
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Mortgage Calculator FAQ
What is included in a mortgage payment?
A monthly mortgage payment commonly includes principal, interest, property taxes, homeowners insurance, and sometimes PMI or HOA fees.
Is this calculator accurate?
It provides estimates based on the numbers you enter. Actual lender quotes may include fees, escrow changes, and rate adjustments.
What is PMI?
Private mortgage insurance may apply when the down payment is less than 20% on many conventional loans.