To use a free mortgage calculator, individuals have to enter personal financial details into an online tool to get an accurate estimate of their mortgage payments. Examples of information required include the home value,... More » Business & Finance Real Estate

To compute payments, the Internet-based mortgage calculators at Bankrate, Discover and Bank of America require users to input data on interest rates, purchase prices, payment periods and down payments, according to the r... More » Business & Finance Credit & Lending

The websites of Bankrate, Zillow and HSH Associates each provide free mortgage calculators. These sites allow users to determine an estimated monthly payment based on the mortgage amount and other financial factors. More » Business & Finance Credit & Lending
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