When you're trying to calculate your monthly mortgage affordability, there are several factors to consider. Our mortgage calculator can help you estimate your principal and interest payments each month. Since every home is different, it doesn't show other fees such as accurate real estate taxes, home insurance, monthly PMI (private mortgage insurance) or HOA fees for a condo. To get a full picture of your budget for a home loan, make sure to factor in these additional costs. Our mortgage calculator is a great tool to help you get an idea of what a fixed rate mortgage payment could look like, so you can plan your budget accordingly.