Mortgage Calculator

A mortgage calculator is a tool that helps prospective homebuyers estimate their monthly mortgage payments. By entering details like the loan amount, interest rate, and loan term, users can see how different variables affect their payments. This can include principal and interest, property taxes, and insurance. The calculator gives an idea of affordability and helps users plan their budgets when considering purchasing a home, refinancing, or investing in real estate. It's a valuable resource for making informed financial decisions regarding home financing.