Mortgage Calculator
Calculate your monthly mortgage payment including principal, interest, taxes, and insurance (PITI)
Loan Details
$
$
20% of home price
%
years
$
$
$
Usually required if down payment < 20%
Monthly Payment
$0
Principal & Interest
$0
Property Tax
$0
Home Insurance
$0
PMI
$0
Loan Amount
$0
Total Interest
$0
Total Payments
$0
How to Use the Mortgage Calculator
Enter your home price, down payment, interest rate, and loan term to calculate your monthly mortgage payment. The calculator includes property taxes, home insurance, and PMI to give you a complete picture of your monthly housing costs.
Understanding Your Results
Principal & Interest: The main loan payment that goes toward paying off your mortgage balance and the cost of borrowing.
Property Tax: Annual property taxes divided by 12 months.
Home Insurance: Annual homeowners insurance premium divided by 12 months.
PMI: Private Mortgage Insurance, typically required if your down payment is less than 20% of the home price.