Suppose you're borrowing $300,000 on a 30-year mortgage at a fixed interest rate of 7%. Plugging those numbers into the amortization calculator will tell you a number of things.

If you’re a first-time homebuyer who hasn't saved enough to make a large down payment or are concerned you might not qualify for a conventional home loan, a Federal Housing Administration (FHA ...

The calculator's default is 20%, which is the amount you'll need to put down if you want to avoid paying for private mortgage insurance if you're getting a conventional loan.

Forbes Advisor's Mortgage Calculator uses home price, down payment and other loan details to give you an estimate calculation on your monthly mortgage payments.

With a good mortgage loan calculator, you can easily explore different options—like loan terms and house prices —to find what’s best for you. We have a mortgage payment calculator ready for ...

According to the calculator, you would spend roughly $2,452 a month on housing, broken down into $1,763 on mortgage principal and interest, $259 on private mortgage insurance, $100 on homeowners ...

How to calculate total loan costs To calculate how much a loan will cost you, you'll need to add up the total interest charges for the life of your loan and combine that amount with any loan fees ...