Review purchase price, down payment, rate, term, monthly costs, advanced costs, PMI, and estimated timing.
Mortgage Calculator
Mortgage Calculator for Real Estate Agents.
Enter a purchase price, down payment, interest rate, term, taxes, insurance, HOA, and optional PMI and costs to estimate monthly payment and cash to close.
This browser calculator runs locally with editable example assumptions. Kora on iPhone and iPad adds branded PDF and PNG summaries and the complete eight-calculator workspace.
Free browser calculator
Estimate a monthly mortgage payment.
The prefilled values are an editable example, not a current market quote. Calculations stay in this browser and are not sent or saved.
Formula and definitions
Know what the result includes.
Monthly payment = principal and interest + monthly property taxes + monthly insurance + HOA + applicable PMI. Estimated cash to close combines down payment, closing costs, lender fees, and points.
- Principal and interest
- The monthly loan payment based on financed principal, interest rate, and term.
- Escrow estimate
- Monthly property taxes plus homeowners insurance, using the annual assumptions entered.
- PMI
- An editable private mortgage insurance estimate when the down payment is below 20%.
- Cash to close
- Down payment plus estimated closing costs, lender fees, and discount points.
Editable worked example
Start with an example, then replace every assumption.
The editable example starts with a $450,000 purchase price, 20% down payment, 6.5% example rate, 30-year term, 1.25% annual property-tax assumption, and $1,200 annual insurance. Change each value to match the buyer scenario.
The result panel updates as the inputs change. Prefilled figures are not recommendations, current rates, market data, or a promise of transaction results.
Agent workflow
Use the estimate without losing the assumptions.
- 1Start with the buyer's scenario
Enter the price, down payment, quoted rate, term, and local tax and insurance assumptions.
- 2Compare one variable at a time
Adjust down payment, rate, PMI, or costs so the buyer can see what changed.
- 3Verify before relying on the estimate
Use the result for planning, then confirm final terms with the buyer's lender and settlement professionals.
From estimate to follow-up
Create a branded PDF or PNG in Kora.
The free web calculator handles the estimate. Kora for iPhone and iPad keeps all eight calculators together and turns supported results into branded Portrait, Landscape, or Square summaries.
Important limitations
An estimate is a starting point.
This is a national U.S. estimate. Interest rates entered here are examples, not current market quotes. Lender terms, PMI rules, taxes, insurance, HOA charges, points, prepaid items, title charges, settlement costs, and local requirements vary.
What this helps with
Mortgage Calculator in Kora.
Kora keeps this task connected to the calculations, assumptions, and branded follow-up agents commonly need next.
Use a lender-provided rate or another clearly identified scenario rather than treating a default value as a market quote.
Share a branded payment summary in Portrait, Landscape, or Square.
For real estate agents
Use mortgage math while the buyer question is still specific.
Kora is designed for the moment a buyer asks about payment, cash to close, or the effect of a different down payment. Keep assumptions visible, explain that the result is an estimate, and share a branded summary for follow-up.
Keep assumptions visible, review the estimate, and verify final transaction details with the appropriate professionals.
Keep assumptions visible, review the estimate, and verify final transaction details with the appropriate professionals.
Keep assumptions visible, review the estimate, and verify final transaction details with the appropriate professionals.
FAQ
Mortgage Calculator FAQ
Quick answers before you download.
It includes principal and interest, loan amount, estimated cash to close, taxes, insurance, HOA, optional PMI, points, lender costs, and estimated PMI timing.
No. Every prefilled value is an editable example. Enter a rate appropriate to the scenario and verify final terms with a qualified lender.
Yes. Kora supports branded PDF and PNG summaries through Apple's native share sheet.
No. It is an estimate for planning and client conversations. Final payment and cash-to-close amounts depend on lender terms and transaction details.
Related calculations
Keep the next question close.
These Kora pages cover the calculations and agent workflows most likely to follow this one.
Affordability
Estimate max purchase price, loan amount, down payment, and total PITI before the conversation moves forward.
Open guideCash to CloseEstimate the buyer-side cash needed at closing while mortgage payment context stays visible.
Open guideRefinanceCompare current loan versus refi offer, payment change, break-even timing, costs, and interest context.
Open guideSeller NetEstimate what a seller may receive after commissions, concessions, transfer taxes, closing costs, mortgage and HELOC payoffs, and optional property-tax proration.
Open guide
Download Kora
Keep the complete calculator workspace on iPhone and iPad.
Kora 1.5 is free on the App Store and includes eight calculators plus branded PDF and PNG summaries.
