HitCalc

What is HitCalc?

HitCalc offers free financial calculators that help people estimate mortgage payments and compare loan options. The mortgage calculator shows monthly costs including principal, interest, property tax, homeowners insurance, PMI, and FHA mortgage insurance. Users can switch between FHA and conventional loans, adjust home price, down payment, interest rate, term, state, HOA, and extra payments, then see an amortization schedule and total interest over time. The site also includes related tools and guides like compound interest, FHA vs conventional, and state-specific mortgage calculators. It is meant for quick estimates and education, not financial advice or loan offers.

Key features

• Estimates monthly mortgage payments with taxes and insurance.
• Switches instantly between FHA and conventional loans.
• Shows FHA upfront and annual mortgage insurance.
• Includes a full amortization schedule by year or month.
• Uses state-based property tax rates for better estimates.
• Offers related calculators and loan education guides.