What is a mortgage calculator?

Using NerdWallet’s mortgage calculator lets you estimate your mortgage payment when you buy a home or refinance. You can change loan details in the calculator to run scenarios. The calculator can help you decide:

How do I calculate my monthly mortgage payments?

Use SmartAsset's free mortgage calculator to estimate your monthly mortgage payments, including PMI, homeowners insurance, taxes, interest and more.

Do you need a mortgage calculator?

A mortgage is often a necessary part of buying a home, but it can be difficult to understand what you can actually afford. A mortgage calculator can help borrowers estimate their monthly mortgage payments based on the purchase price, down payment, interest rate and other monthly homeowner expenses. Check your rates today with Better Mortgage.

How does Bankrate's mortgage calculator work?

As you shop for a purchase loan or a refinance, Bankrate's Mortgage Calculator allows you to estimate your mortgage payment. To study various scenarios, just change the details you enter into the calculator. The calculator can help you decide: The loan length that's right for you.