Mortgage CalculatorMortgage CalculatorCalculate your mortgage payments with adjustable interest ratesPrincipal AmountInterest Rate5.0%Loan Term (years)Payment FrequencyCalculateFrequently Asked QuestionsWhat is a mortgage calculator?How does a mortgage calculator work?What is the difference between a fixed-rate and a variable-rate mortgage?What is a down payment?What is an interest rate?What is a loan term?What is amortization?What is PMI (Private Mortgage Insurance)?How do I use a mortgage calculator?What factors affect my monthly mortgage payment?Can I use a mortgage calculator to compare different loan options?How much can I afford to borrow for a mortgage?What are closing costs?What is refinancing?How can I find the best mortgage rates?Should I choose a longer or shorter loan term?What is a good credit score for a mortgage?How can I improve my credit score to qualify for a better mortgage rate?What is a pre-approval letter?How can I reduce my monthly mortgage payment?