Mortgage Calculator

Estimate your monthly mortgage payment including taxes, insurance, and PMI.

Home Price

Down Payment

Loan Term

Interest Rate (APR)

Annual Property Tax

Annual Home Insurance

Monthly HOA Fee

Total Monthly Payment

Principal & Interest--

Property Tax--

Home Insurance--

HOA--

Loan Amount--

Total Interest Paid--

Total Paid Over Loan Term--

Estimate only — excludes PMI and closing costs. Consult a lender for an exact quote.

Amortization Schedule (Yearly)

Year	Principal Paid	Interest Paid	Remaining Balance

Frequently Asked Questions

What is included in my monthly mortgage payment?

Principal, interest, property taxes, and homeowners insurance (PITI). HOA fees and PMI, if applicable, are added on top.

How is the monthly payment calculated?

Using the standard amortization formula: M = P × [r(1+r)^n] / [(1+r)^n − 1], where P is the loan amount, r is the monthly interest rate, and n is the number of payments.

What down payment do I need to avoid PMI?

Typically 20% of the home price on a conventional loan.