Estimate your monthly mortgage payments.
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Get a simple explanation of the formula used in this calculator.
P * r * (1+r)^n / ((1+r)^n - 1)
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Total Monthly Payment
₹ 1,830
Principal & Interest
₹ 1,580
Property Tax
₹ 167
Home Insurance
₹ 83
Our **Mortgage Calculator** is a comprehensive tool designed to help prospective homebuyers understand the full cost of their home loan. It goes beyond a simple EMI calculation by incorporating key expenses like property taxes and home insurance, providing a realistic estimate of your total monthly housing payment. This empowers you to budget accurately and make informed decisions during the home-buying process.
The calculator will instantly break down your monthly payment into principal, interest, tax, and insurance (PITI) and show you the total cost of the loan over its lifetime.