Resources

Mortgage Payment Calculators

This Mortgage Payment Calculator will estimate the monthly mortgage payment (principal, interest, taxes and insurance - PITI) you can expect.

Instructions: Fill in all fields highlighted in light blue and click on the "Calculate" button. Results will appear below.

  • Enter numbers and decimals only. Don't use dollar signs, percent signs, commas or other non-numerical symbols. For example, "ten thousand" should be entered as 10000 or 10000.00 but not 10,000 or 10,000.00 or $10,000.
  • Enter the loan term in years.
  • Enter the interest rate as the following examples show: 8 or 8.0, not .08 or 8%; 7.5, not .075 or 7.5%.
Loan Information
Loan Term   yrs
Interest Rate   %
Total Amount of Loan $
Expenses Information
Annual Tax $
Annual Insurance Premium $
Monthly Principal and Interest
Monthly Taxes
Monthly Insurance
Total Payment (PITI)

Disclaimer: This Mortgage Payment Calculator is presented strictly for illustrative purposes. This is not an offer to lend. All results disclosed by the calculator are estimates, IMA assumes no liability or responsibility for computational errors. IMA makes no guaranty or representation that you will qualify for any particular loan or loan terms.