Mortgage Calc is a free online tool that answers what a house actually costs you — not just the monthly number, but the full breakdown of principal, interest, tax, insurance, HOA and PMI, the true lifetime cost of the loan, and how extra payments shrink the payoff date. Built for first-time buyers comparing offers and anyone sanity-checking a lender's quote.
PRESETS
| Year | Payment | Principal | Interest | Balance |
|---|
PMI drops off automatically once the balance falls below 80% of the home price. Year 1 is the current year.