When configuring your monthly mortgage payment, are you looking for a mortgage calculator that includes taxes and insurance?
Marimark Mortgage has a mortgage calculator for you! Use our Mortgage Calculator, which allows you to enter variables such as taxes and insurance to calculate your monthly mortgage payment.
How To Use the Mortgage Calculator
After you go to the Mortgage Calculator, click on the “mortgage” tab.
Then enter the following:
- Purchase price.
- Down Payment.
- Mortgage term: years.
- Interest rate: %.
- Property tax: $ per year.
- Property insurance: $ per year.
- PMI: %.
- First payment date.
After entering the information, click “Calculate.”
Then, a spreadsheet and chart will appear with information that includes:
- Monthly payment while paying PMI.
- Monthly payment while not paying PMI.
- A total number of payments.
- The total amount paid.
- Your payoff date.
Definitions
Here is a breakdown of the terms that you may see when using the mortgage calculator:
Down Payment
Money that a buyer pays upfront during a real estate transaction.
Interest Rate
The yearly fixed interest rate for the mortgage loan.
Monthly Payment
The monthly payment includes principal, homeowners insurance, property taxes, and interest.
Mortgage Term
The number of years over which a borrower will repay the loan.
PMI (Private Mortgage Insurance)
Mortgage insurance for conventional home loans.
Property Insurance
Property insurance is the annual amount you expect to pay and is divided by 12 to determine the monthly homeowner’s insurance amount to be paid.
Property Tax
Property tax is the annual amount you expect to pay and is divided by 12 to get the monthly property tax amount to be paid.
Total Payments
The total of all the monthly payments over the term of the mortgage.
Marimark Mortgage
Marimark Mortgage is based in Tampa, Florida, and proudly serves homebuyers and homeowners in all of Florida, Virginia, and Pennsylvania.
We specialize in conventional home mortgages, FHA, VA, and USDA mortgage options, refinance loans, and reverse mortgages. We’ve worked extensively with cash-out refinancing, and help clients to lower their monthly mortgage payments.
To get started with a mortgage to buy your next home, please fill out our Quick Mortgage Application, or contact us direct.

The Marimark Mortgage Newsletter will keep you informed with important events in the mortgage industry that could impact your finances.
We especially focus on ways to save money on your current and future mortgages. And, we continually share the information we share with our clients, because we believe informed consumers are the best consumers.
Real estate agents, and other professionals in the industry, will receive an ongoing wealth of information that will help them serve their clients.