Mortgage Estimator Home Purchase Information Base Home Price $ Down Payment % $    Loan Funding Amount $ Loan Interest Rate % Loan Term In Years Monthly Payment Information Principal and Interest $   Property Tax Rate $ = $ Insurance Rate $ = $ PMI Rate $ = $ Total Monthly Payment PITI $ Buyer's Qualifying Information Combined Annual Income $ Total Monthly Debt $ Debt To Income Ratios / Do The Buyers Qualify? Version 11.4.1 This calculator requires the use of Javascript enabled and capable browsers. Enter the ENTIRE purchase price of your financed mortgage, including any closing costs or other expenses that will be in the loan. Enter the down payment percentage amount, usually 5, 10, or 20 percent. Enter the interest rate in a whole number of the percent. For instance, if you were to get lucky enough for this rate, 5 percent would be entered as 5 not .05; 5.5 would be 5 and 1/2 percent. The default is 7 percent. Enter the mortgage term length duration (term) in years; the default is 30 years. The default is $160,000.00 for the loan. Do not use commas or the dollar sign ($) on any of the entries. Enter the estimated annual taxes and insurance percentages; those defaults are 1.7 percent and .6 respectively. Click on ANY field for HELP and to Calculate results.