Mortgage tool

Mortgage Calculator

Calculate your total monthly mortgage payment including principal, interest, property taxes, homeowners insurance, and PMI. Get a complete picture of your housing costs.

Home Price ($)

Down Payment

Loan Term (years)

Interest Rate (%)

Start Date

Property Taxes, Insurance & Other Costs

Property Tax ($/year)

Home Insurance ($/year)

PMI ($/month)Usually required if down payment < 20%

HOA Fee ($/month)

Other Costs ($/month)

Extra Payments (Optional)

Extra Monthly Payment ($)

Extra Yearly Payment ($)Paid in January each year

Annual Cost Increases (Optional)

Property Tax Increase (%/year)

Home Insurance Increase (%/year)

HOA Fee Increase (%/year)

Enter valid values to calculate mortgage payment. Home price up to $10M, down payment less than price.

Learn More About Mortgages

Understand mortgages and make informed home buying decisions:

Beginner Guide

How to Use a Mortgage Calculator

Step-by-step guide to calculating your mortgage payment and understanding PITI

Q&A Post

What Is PMI and When Do You Need It?

Learn about private mortgage insurance and how to avoid it

Q&A Post

How Much Should You Put Down?

Understand down payment requirements and strategies