Mortgage Calculator
Estimate mortgage payments and view amortization schedules.
Created by Launch Arcade
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How to Use
This tool calculates your monthly mortgage payment based on loan details and associated costs. • Enter your loan amount in the text field (required) • Use the sliders to adjust mortgage years (1-50) and interest rate (0.1-50%) • Fill in annual tax and annual insurance amounts • Click the CALCULATE button to see results The calculator shows four key outputs: • Principle & Interest: Your base monthly payment • Tax: Monthly portion of annual property tax • Insurance: Monthly portion of annual insurance • Total Monthly Payment: Complete amount you'll pay each month • Use your mouse to drag sliders or click to set values • Type numbers directly into text fields • All currency amounts accept decimal values • Results update only when you click CALCULATE • The tool validates that required fields are filled before calculating This helps you plan mortgage affordability by showing the complete monthly cost including taxes and insurance, not just the loan payment.