Karl's Mortgage Calculator Online

Calculate your mortgage details easily with these steps:

• Enter Purchase Price: Input the home’s cost (e.g., $300,000) in the “Purchase Price” field.
• Set Down Payment: Specify either the amount (e.g., $60,000) or percentage (e.g., 20%); the other updates automatically.
• Input Loan Details: Enter the interest rate (e.g., 4.5%) and select a loan term (10, 15, 20, or 30 years).
• Add Taxes and Insurance: Provide annual property tax (e.g., $3,000) and homeowners insurance (e.g., $1,200).
• Include HOA Fees: Enter monthly HOA fees, if applicable (e.g., $0).
• Calculate Results: Click “Calculate” to view monthly payments, loan summary, and amortization schedule.
• Explore Amortization: Toggle the collapsible schedule to see yearly principal, interest, and balance.