About

Why we built Morgly

Morgly started as a simple frustration: most mortgage calculators online either bury the real monthly cost behind a lead-capture form, or leave out property tax, insurance and PMI so the number looks smaller than what you'll actually pay. We wanted a calculator that shows the whole picture in one place, with no signup required.

What the calculator does

Morgly estimates your total monthly housing payment, including principal and interest, property tax, homeowners insurance, private mortgage insurance when applicable, and HOA dues. It also builds a year-by-year amortization schedule so you can see how your balance shrinks and how much of each payment goes toward interest versus principal over the life of the loan.

What it isn't

Morgly is not a lender, broker, or financial advisor, and it does not collect loan applications. The figures produced are estimates for planning purposes. Actual rates, taxes, insurance premiums, and closing costs depend on your lender, location, and credit profile, and should be confirmed with a licensed mortgage professional before you make a purchase decision.

Questions or feedback

If you find an error or have a suggestion for the calculator, get in touch.