Compare calculators
Both calculators run independently — change the inputs on either side to compare results.
Mortgage Payment Calculator
Estimate the full monthly cost of owning a home — principal, interest, property tax, and homeowner's insurance — bundled into the single number lenders call PITI. Enter your loan amount, interest rate, loan term in years, annual property tax, and annual home insurance, and the calculator returns the monthly payment you would actually send (excluding PMI and HOA fees, which vary widely). This is the figure to compare against your monthly budget when deciding whether a home is affordable, and the figure mortgage lenders use to qualify you against debt-to-income limits.
Loan Amortization Calculator
Calculate your periodic payment amount and see a full principal-and-interest breakdown for any loan. Use it when comparing mortgage offers, auto loans, or any installment debt before you sign.
Key differences
| Mortgage Payment Calculator | Loan Amortization Calculator | |
|---|---|---|
| Category | Financial | Accounting |
| Inputs required | 5 | 4 |
| Result | Monthly Payment (PITI) ($) | Payment Amount ($) |
| What it does | Estimate the full monthly cost of owning a home — principal, interest, property tax, and homeowner's insurance — bundled into the single number lenders call PITI. Enter your loan amount, interest rate, loan term in years, annual property tax, and annual home insurance, and the calculator returns the monthly payment you would actually send (excluding PMI and HOA fees, which vary widely). This is the figure to compare against your monthly budget when deciding whether a home is affordable, and the figure mortgage lenders use to qualify you against debt-to-income limits. | Calculate your periodic payment amount and see a full principal-and-interest breakdown for any loan. Use it when comparing mortgage offers, auto loans, or any installment debt before you sign. |