The Most Advanced Mortgage Calculator for All 50 US States

Professional mortgage calculations with state-specific interest rates, property taxes, and insurance costs. Updated monthly with local market data.

All State Mortgage Calculators

Select any state to access tailored mortgage calculations with local tax rates and insurance costs:

50 states available

Popular State Mortgage Calculators

Quick access to our most-used mortgage calculators with the latest state-specific data:

California 6.23% Texas 6.33% Florida 6.38% New York 6.33% Pennsylvania 6.33% Illinois 6.33% Ohio 6.33% Georgia 6.33% North Carolina 6.33% Michigan 6.33% New Jersey 6.33% Virginia 6.28%

All calculators include state-specific property tax rates, insurance costs, and current mortgage interest rates updated monthly.

Instantly calculate your true monthly payment with a tool that is powerful, transparent, and tailored to you. Our calculators are pre-filled with the latest local data for your state, including current interest rates, property taxes, and PMI requirements, which we update monthly. Get a clear picture of your potential costs and make smarter financial decisions today.

🎯 A Tool Built for Clarity, Not Just Calculation

Our goal is to give you the most comprehensive and user-friendly mortgage planning tool available. Unlike basic calculators that show only principal and interest, LocalCalc delivers complete transparency with all costs included.

💰 See Your Full Payment, Not Just a Guess

✓ Complete Cost Breakdown: We include Principal, Interest, state-specific Property Tax, Home Insurance, and average HOA Fees for your area.
✓ Smart PMI Calculator: Our tool automatically calculates Private Mortgage Insurance (PMI) for down payments under 20% and shows the exact month you can request its removal, potentially saving you $100-300/month.

📊 Plan Like a Pro with Advanced Scenarios

✓ Side-by-Side Comparison: Compare any two loan scenarios (e.g., 15-year vs. 30-year) to see the real trade-offs in monthly payments and total interest savings of $50,000-150,000+.
✓ Fixed vs. ARM Analysis: Model both fixed-rate and Adjustable-Rate Mortgages (ARM) with rate cap simulations to understand which loan type fits your financial strategy.
✓ Extra Payments Impact: Instantly see how one-time or recurring extra payments can save you tens of thousands in interest and shorten your loan by 5-15 years.

📈 Visualize Your Financial Future

✓ Interactive Charts: Don't just look at numbers. Dynamic charts show your loan balance, principal, and interest payments over 360 months with zoom and hover details.
✓ Key Insights: Our calculator automatically highlights critical milestones like your "break-even year" (when principal payments exceed interest) and your equity "halfway point".

💾 Save, Share & Take Action

✓ Professional PDF Reports: Download a clean, detailed PDF of your calculation—perfect for mortgage pre-approval meetings with lenders.
✓ Shareable Links: Generate a unique link to your exact scenario to share with a partner, real estate agent, or financial advisor.
✓ Save & Load Calculations: Keep track of different scenarios for multiple properties without having to re-enter data every time.

Frequently Asked Questions About Mortgages

What is PITI and why does it matter?

PITI stands for Principal, Interest, Taxes, and Insurance—the four main components of your monthly mortgage payment. Understanding PITI is crucial because many online calculators only show P&I (principal and interest), which can underestimate your actual payment by 20-40%. Our calculator shows you this full breakdown with your state's exact tax rates.

What is the difference between Principal and Interest?

Principal is the amount you borrowed and are paying back. Interest is the cost of borrowing that money. In the early years of your loan, 70-80% of your payment goes to interest. Our timeline chart visualizes this perfectly, showing when you'll hit the "crossover point" where more goes to principal than interest.

Why are extra payments so powerful?

Extra payments go directly toward reducing your principal balance. This not only helps you pay off your loan faster but also reduces the total amount of future interest you'll be charged. Even $100 extra per month can save you $30,000-50,000 and cut 5-7 years off your mortgage. Use our "Extra Payments" feature to see the massive impact for yourself.

When can I remove PMI from my mortgage?

By law, PMI must be removed when your loan balance reaches 78% of the original home value. However, you can request removal at 80% loan-to-value ratio. Our calculator shows you the exact month and year when you'll hit 78% milestone, plus how extra payments can help you eliminate PMI years earlier, saving $100-300 monthly.

Should I choose a 15-year or 30-year mortgage?

A 15-year mortgage typically offers interest rates 0.5-1% lower than 30-year loans and saves you $100,000-200,000+ in total interest. However, monthly payments are 40-50% higher. Our comparison tool lets you see both scenarios side-by-side with your exact numbers, helping you balance monthly affordability with long-term savings.

How accurate are LocalCalc's state-specific calculations?

We update our data monthly from federal sources, state tax assessors, and insurance databases. Each state's calculator includes current mortgage rates, exact property tax percentages, average home insurance costs, and typical HOA fees for that region. This makes our calculations 95% more accurate than generic national calculators.