Calculator Tool

Mortgage Calculator

Estimate your monthly mortgage payment and understand how principal, interest (and optionally taxes/insurance) affect what you pay each month.

How to Use This Calculator

Simple steps to solve your mortgage calculator problems

1

Try AI Math Solver

Click the button above to access our AI-powered math solver.

2

Input Your Problem

Type, paste, or upload an image of your mortgage calculator problem in natural language.

3

Get Step-by-Step Solution

Receive a detailed walkthrough with clear explanations for each step.

4

Ask Follow-up Questions

Need clarification? Ask questions about any step in the solution process.

Example prompts to paste

  • Monthly mortgage payment for $450,000 home, 20% down, 6.5% APR, 30 years
  • Compare 15-year vs 30-year payment for $320,000 at 6.25%
  • How much house can I afford if I want a $2,200/month payment at 6.75%?

About This Calculator

Why MathAI GPT is different from traditional calculators

A mortgage calculator helps you compare scenarios like different down payments, loan terms (15 vs 30 years), and interest rates so you can choose a payment you can afford.

Common Uses

  • Compare monthly payments for two interest rates
  • See how a bigger down payment changes the payment
  • Estimate total interest paid over the life of the loan
  • Understand principal vs interest over time (amortization)

Key Advantages

Shows each logical step — not just the final answer
Understands free-form math and plain language together
Accepts images of handwritten or printed problems
Helps you learn the method, not just copy answers
Mortgage Calculator | MathAI GPT