Mortgage Calculator
Estimate your monthly home-loan payment with taxes & insurance.
Plan a home purchase end to end. Enter the property price, your down payment, the interest rate and loan term, then add yearly property tax and home insurance to see your true monthly payment — principal, interest, tax and insurance combined. Includes the loan amount, total interest, total cost, a payment-breakdown donut chart and a year-wise amortization schedule. Runs fully in your browser — nothing is uploaded.
How to use Mortgage Calculator
Set property price
Drag or type the property price into this free online mortgage calculator to set the value your home loan and down payment will be based on.
Choose down payment
Adjust the down payment percentage and the tool instantly shows your loan amount, since the mortgage equals the price minus your upfront down payment.
Enter rate and term
Set the annual interest rate and loan term in years so the calculator can compute your monthly mortgage EMI on a reducing-balance basis.
Add tax and insurance
Optionally enter yearly property tax and home insurance to see the true all-in monthly PITI payment, spread evenly across every month.
Read monthly payment
The hero shows your monthly mortgage payment, total interest and full cost, with a donut splitting principal, interest, tax and insurance instantly.
Review amortization
Scan the year-wise amortization schedule to see how each year's payments clear principal versus interest and how the outstanding balance shrinks over time.
Frequently asked questions
What is PITI?
PITI stands for Principal, Interest, Taxes and Insurance — the four parts of a typical monthly mortgage payment. This calculator shows all four combined when you add property tax and home insurance.
How does the down payment affect my loan?
Your loan amount is the property price minus the down payment, so a bigger down payment means a smaller loan, a lower EMI and less total interest. The slider shows the rupee amount and resulting loan as you move it.
Are property tax and insurance required?
No — they’re optional. Leave them at zero for a pure principal-and-interest EMI, or enter your yearly amounts to see the realistic all-in monthly payment.
Is the interest rate yearly?
Yes. Enter the annual rate the way banks quote it; the calculator converts it to a monthly rate internally (annual ÷ 12).
How do I calculate my monthly mortgage payment?
Enter the property price, your down payment, the interest rate and the loan term, and this mortgage calculator instantly shows your monthly home-loan EMI, the total interest and the full cost. Add yearly property tax and home insurance to see the true all-in PITI payment.
Can I see a year-wise mortgage amortization schedule?
Yes. Below the results the calculator shows a year-by-year amortization schedule — how much of each year's payments clears the principal versus goes to interest, plus the outstanding balance and percentage of the loan paid off.
Is my data sent anywhere?
No. Every figure is calculated in your browser with JavaScript — nothing you enter is uploaded.
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