Mortgage Calculator
Estimate your full monthly payment — principal, interest, taxes, insurance, PMI and HOA — plus a year-by-year amortization schedule. No lender ads, no rate-shopping popups.
| Year | Principal paid | Interest paid | Ending balance |
|---|
Why no "Check Rate" buttons?
Most mortgage calculators on finance sites are wrapped in lender-referral ads — cards for Rocket Mortgage, Veterans United, or similar, all pushing you to "check your rate" before you've even seen your numbers. This one is a plain calculator: enter your numbers, get your numbers, no lead-gen forms. It includes the same feature depth as calculator.net (PMI, property tax, insurance, HOA, extra payments, amortization schedule) with a cleaner interface.
Note on PMI: lenders typically require Private Mortgage Insurance when your down payment is under 20% of the home price, and it usually drops off automatically once your loan balance falls to 80% of the original home value. This calculator applies that rule automatically.
Frequently asked questions
What's included in this mortgage payment estimate?
Principal & interest, property tax, home insurance, PMI (if your down payment is under 20%), and HOA dues — the same core cost buckets calculator.net and most lenders show, combined into one total monthly payment.
When does PMI go away?
PMI is typically required when your down payment is under 20% of the home price, and lenders generally remove it once your loan balance drops to 80% of the original home value. This calculator estimates that year/month automatically in the results.
How much does an extra monthly payment actually save?
The calculator simulates your full amortization schedule with and without your extra payment amount and shows the exact interest saved and months shaved off, not a rough estimate.
Why doesn't this calculator have "Check my rate" buttons or lender offers?
Because IT Cares isn't a mortgage lender or broker — this is a free utility, not a lead-generation funnel. You get your numbers with no ads and no forms to fill out.