When buying a home for the first time, it helps to know what your monthly obligation will be given the purchase price, down payment, mortgage terms, interests rate, property taxes, and Private Mortgage Insurance (PMI). Use the following free mortgage calculator to determine your monthly mortgage payment and to view an amortization table associated with the details you provided. An amortization table shows you how much of your monthly mortgage payment goes towards the interest on the loan and how much goes towards principal. Also, it shows you on a month to month or yearly basis how long it will take you to kill off or pay down your debt.

Here’s a calculator to determine your house’s average annual appreciation (or depreciation) since you bought it. This calculator does not determine the rate of return on your home investment. It shows you what was the average percentage gain or loss per the number of years of your home ownership.

Home Equity Calculator

How much equity do you have in your home?

This calculator will help you determine how much equity you have in your home and it may help you to determine how much you can borrow against.