Mortgage Calculator

Professional-grade mortgage calculator, free to use here on our site. Built for serious buyers and investors, this tool delivers a full breakdown of your monthly costs—including principal & interest, taxes, insurance, and PMI—so you can plan with confidence before you buy or invest.

 

Current Advanced Mortgage Calculator

The Black Real Estate Club Mortgage Calculator

A professional-grade tool designed for serious buyers and investors.

Loan Information

Enter the purchase price of the home or property (NO COMMAS)
Enter either $ or % — the other will auto-fill automatically
Enter either % or $ — the other will auto-fill automatically
%
Enter your annual mortgage interest rate as a percent
years
Choose how many years your loan will last (e.g., 15, 20, 30)

Taxes and Insurance

Enter your yearly property tax amount. If unsure, estimate 1–1.25% of the sales price
Enter your yearly homeowner’s insurance premium
PMI applies only if your Loan-to-Value is above 80%. Typical rates range 0.2%–1.5% annually. If unsure, enter 0.5%.

Hidden Calculations

Financial Analysis

Calculated automatically from price minus down payment

$
Calculated automatically based on loan amount, rate, and term

$
Calculated from your annual homeowner’s insurance

Shows your loan amount compared to sales price

$
Calculated if down payment is below 20%

$
Your estimated all-in monthly housing cost

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The Black Real Estate Club

Disclaimer: This calculator provides estimates for educational purposes only and should not be considered financial advice. Actual loan terms, monthly payments, taxes, insurance, and PMI may vary based on lender policies, credit profile, and market conditions. For personalized guidance, consult a licensed mortgage professional.

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