as one of its attributes: Mortgage Calculator with Taxes and Insurance Loan Amount: Interest Rate: Loan Period (Years): Monthly Payment: Total Payment: Taxes and Insurance: Grand Total Payment: function CalculateMortgage() { //Calculations go here //Declare Variables var Principal = document.MortgageForm.LoanAmount.value; var Interest = document.MortgageForm.InterestRate.value / 100 / 12; var Payments = document.MortgageForm.LoanPeriod.value * 12; //Calculate the monthly payment var x = Math.pow(1 + Interest, Payments); var Monthly = (Principal*x*Interest)/(x-1); //Calculate the total payment var Total = (Monthly * Payments); //Calculate Taxes and Insurance var TaxInsurance = (Total / 100) * 5; //Calculate the grand total var GrandTotal = (Total + TaxInsurance); //Display the new values in the text boxes document.MortgageForm.MonthlyPayment.value = Math.round(Monthly); document.MortgageForm.TotalPayment.value = Math.round(Total); document.MortgageForm.TaxInsurance.value = Math.round(TaxInsurance); document.MortgageForm.GrandTotal.value = Math.round(GrandTotal); } Mortgage Calculators: A Guide to Understanding Your Loans When you enter into the world of home ownership, it can often be difficult to understand the vast amount of information available in regards to mortgages and the details that accompany them. Mortgage calculators can be an invaluable asset when it comes to entering this financial world, especially those calculators which offer information regarding taxes and insurance. To understand what mortgage calculators with taxes and insurance can offer you, read on for a deeper look at mortgage calculators and their features. What is a Mortgage Calculator? A mortgage calculator is an online tool which can allow home buyers to estimate their mortgage payments without having to manually calculate them. It can quickly give a good estimate of the cost of the loan, foreclosure, interest rate adjustments, taxes, insurance, and other payments. Why Should You Use Mortgage Calculators with Taxes and Insurance? Homeowners should use mortgage calculators with taxes and insurance for two reasons. First, these calculators can help home owners make an informed decision on their loan terms and structure, as the calculations can give them a better understanding of how payments will be affected by changes in taxes and insurance premiums. Second, they can also give them an estimate of the total cost of their mortgage, including potential penalties they might incur from late payments or foreclosures. Where Can You Find Reliable Mortgage Calculators with Taxes and Insurance? The best place to look for reliable mortgage calculators with taxes and insurance is online. A number of free calculators can be found on the internet, with many of them offering detailed information about taxes and insurance. Additionally, many companies also offer online calculators which come with additional features or options. If you are looking for a specific calculator with additional features, it is advised to refer to these online calculators, as they usually provide the most up-to-date information. How Can You Use the Mortgage Calculators with Taxes and Insurance? Using mortgage calculators with taxes and insurance is relatively simple. Most calculators only require basic information such as loan amount, interest rate, and term length in order to get started. Once you enter this information, the calculator will ask for additional information about taxes and insurance. Once all the information is submitted, the calculator will calculate all the potential payments, taxes, and insurance and give you the total estimated cost of the loan. It's important to remember that these calculators are just estimates, and for more accurate information, you should consult with a financial advisor. Conclusion Mortgage calculators with taxes and insurance can be a great asset for homeowners looking to better understand the financial costs of buying a home. Understanding these calculations can be beneficial in helping to make an informed decision on your loan structure, and can help to avoid costly mistakes. With so many online calculators available, it is easy to find the right one for you, so don’t forget to consult your resources before making a final decision. Happy house hunting!