Best Mortgage Calculator without Taxes 2023



Unlock Savings with the Ultimate Free Mortgage Calculator!

Have you ever thought about buying a house? It’s a big and exciting step, but it’s also important to understand how much it might cost you.

Lucky for you, there’s a super cool tool called a mortgage calculator that can help you figure it all out. Let’s dive in and learn how this amazing calculator can help you save money on your home loan!

The Awesome Mortgage Calculator

Imagine having a magical friend who knows everything about home loans and can help you figure out how much you need to pay every month.

Well, that friend is the mortgage calculator! It’s like a wizard on the web that can do lots of math for you. This calculator is here to make things easy and help you know all about your home loan.

Monthly Payments Made Simple

One of the superpowers of the mortgage calculator is that it can tell you how much you need to pay every month for your home loan.

This is called your monthly mortgage payment. But it’s not just a plain number – the calculator thinks about everything, like something called PMI (which is like a special fee) and taxes. So, you get a clear idea of how much money you need to set aside every month.

Understanding the Total Cost

Buying a house isn’t just about the monthly payment. There are other costs too, like taxes and something called HOA (which helps take care of the neighborhood).

The mortgage calculator is like a detective that can find all these costs for you. It helps you see the bigger picture – how much money you’ll need to pay over time for your home.

Magic Schedule: Amortization

The mortgage calculator isn’t done yet! It’s also like a time-traveling machine that can show you the future. Well, sort of! It can create a special schedule called an “amortization schedule.”

This schedule tells you how much money you’ll still owe on your home loan every month. It’s like a treasure map that shows you the path to becoming a homeowner.

Options Galore: Taxes, PMI, HOA, and Early Payoff

Guess what? The mortgage calculator has even more tricks up its sleeve. It gives you options to choose from. You can decide if you want to include taxes, PMI, and even HOA fees in your calculations.

Plus, if you’re feeling extra smart and want to pay off your loan sooner, the calculator helps you with that too! It’s like a friendly guide on your journey to being a homeowner.

Credit Score and Income: The Magic Key to Savings

Now, here’s a secret that the mortgage calculator knows – having a higher credit score and more money usually means you can get a better deal on your home loan.

This is because banks like to help people who are good at managing their money.

They give them something called a “favorable interest rate,” which means you don’t have to pay as much extra money. So, remember, the better your credit score and income, the more you can save!

Real-Life Example

Let’s put all this cool information into a real-life example. Imagine you want to get a loan of $400,000 to buy a house. If the interest rate is 3.5%, you’d have to pay about $1,796 every month for 30 years. That’s a long time, but the mortgage calculator helps you see exactly how it all works out.

The Perks of Using the Mortgage Calculator

  1. Easy Peasy: The mortgage calculator is like having a math whiz friend who does all the hard work for you.
  2. Big Picture: It shows you more than just the monthly payment – it helps you see the total cost of owning a home.
  3. Plan Ahead: With the special schedule it creates, you can plan how to pay off your loan and become a homeowner faster.
  4. Options for You: You can choose what things to include in your calculations, like taxes and fees.
  5. Saving Secrets: The calculator spills the beans on how a good credit score and more money can save you a lot of extra money.


Getting a home loan might seem tricky, but with the magical mortgage calculator, it’s like having a friend who guides you through the process.

From monthly payments to understanding the big picture, this tool is here to help you make smart choices.

So, next time you think about buying a house, remember the mortgage calculator is your secret weapon to saving money and becoming a proud homeowner!

Leave a Comment

We have been covering articles on the best way to make money online for more than a decade and also giving insights on the current rate of inflation in the us.



About Us




Get Connected

Address : Elite Sports Residence 3, Victory Drive