About MortgageCalc Pro
MortgageCalc Pro is a free online mortgage calculator that helps homebuyers estimate monthly payments — including PMI, taxes, insurance, and a full amortization schedule. We don't collect personal data or sell information to lenders. Our tool is 100% free.
Our Mission
To make home financing transparent and accessible. Buying a home is one of the largest financial decisions most people will ever make — we believe everyone deserves clear, accurate, and unbiased tools to understand the true cost of a mortgage before they sign.
How It Works
- Enter your home price, down payment, loan term, and interest rate.
- Add property tax, home insurance, and any extra monthly payments.
- Our tool instantly calculates your principal & interest using the standard amortization formula.
- If your down payment is below 20%, PMI is auto-estimated at 0.5% of the loan amount annually.
- You get a full year-by-year amortization table and a principal vs. interest visualization — all in your browser.
Disclaimer
All calculations provided by MortgageCalc Pro are estimates only based on the inputs you provide. Actual mortgage payments may vary based on lender fees, taxes, insurance premiums, credit score, and other factors. This site does not provide financial advice. Always consult with a licensed mortgage professional before making any financial decisions.