Mortgage Calculator Online Free 
High-precision home loan estimation with real-time interest, property tax, and insurance audits.
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| Year | Principal Paid | Interest Paid | Remaining Balance |
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How to use the Mortgage Calculator Online Free
Input Values: Enter your property price and down payment. The tool automatically adds commas for easy reading.
Rates & Terms: Provide your bank's current interest rate and preferred loan duration in years.
Review Audit: Analyze your monthly outflow and download the Pro Audit PDF for your bank records.
Frequently Asked Questions
What is a PITI payment?
It stands for Principal, Interest, Taxes, and Insurance. Our tool calculates the full PITI amount for accurate monthly budgeting.
Is mortgage interest tax-deductible in India?
Yes, under Section 24 of the Income Tax Act, Indian residents can claim deductions on home loan interest paid.
How does tenure affect total interest?
Longer tenures lower your monthly EMI but significantly increase the total interest paid to the bank over the loan life.
Can I use this for SBI or HDFC?
Absolutely. Simply enter the latest interest rates provided by your specific lender in Bharat.
What is an amortization schedule?
It is a year-by-year breakdown showing exactly how much of your payment goes to principal vs. interest.
Does it calculate processing fees?
This tool focuses on monthly payments. Processing fees are usually one-time upfront costs paid to the bank.
Is my financial data saved?
No. OTechy tools process all data locally. Your home price and income details never leave your device.