Smart Financial Tools · Monthly payment · Taxes & costs · PMI tracking · Extra payment savings · Full amortization
Step 1

Loan Details

▾
$
%
e.g. 04/2026
Down Payment
$
⚠️ Below 20% — PMI applies (0.5%/yr default)
✅ 20%+ down — No PMI required
%
Annual % of loan. Blank = 0.5% default.
Step 2

Taxes & Costs (optional)

▾
Annual Costs
Property Tax
$
or
%
of home price/yr
Home Insurance
$
or
%
of home price/yr
$
$
Utilities, maintenance…
Annual Cost Increases
%
Per year
%
Per year
%
Per year
%
Per year
Step 3

Extra Payments (optional)

▾
Extra Monthly Payment
$
Starting
Year
Extra Yearly Payment
$
First Month
Year
One-Time Payments — up to 5
⚠️ Please enter Home Price and Interest Rate.
💡 Quick Tips
🏦PMI drops once you reach 20% equity (~78% LTV by federal law).
💵$200/mo extra on a $400K loan saves ~$60K in interest.
📉A 0.5% rate drop saves ~$120/mo on a $400K, 30-year loan.
🔁Have a mortgage? Compare refinance options →
📋 Amortization Schedule
⚠️ Disclaimer & Notice

Results are estimates only based on your inputs. They are not guarantees of any financial outcome.

Not financial, legal, tax, or investment advice. Calculator for Savers is not a licensed advisor, lender, CPA, or attorney.

Interest rates, tax laws, and market conditions change frequently. Investment values can go up or down. Past performance does not guarantee future results.

Always consult a licensed professional before making financial decisions.

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