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Mortgage Calculator

Calculate your monthly mortgage payment with taxes, insurance, and PMI.

Loan Details

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Additional Costs (Optional)

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Your Monthly Payment

$1,517

Principal & Interest

Payment Breakdown

Principal & Interest $1,517
Property Tax $300
Home Insurance $100
HOA Fees $0
PMI $0
Total Monthly Payment $1,917

Loan Summary

Loan Amount $240,000
Interest Rate 6.5%
Loan Term 30 years
Total Interest $306,127
Total Cost $546,127

How to Use This Mortgage Calculator

This free mortgage calculator helps you estimate your monthly home payment. Simply enter:

  • ✓Home Price - The total purchase price of the home
  • ✓Down Payment - Your initial payment (amount or percentage)
  • ✓Interest Rate - Your mortgage interest rate
  • ✓Loan Term - 15, 20, or 30 years typically
  • ✓Additional Costs - Property tax, insurance, HOA, PMI

The calculator will show your total monthly payment including principal, interest, taxes, and insurance (PITI).