Mortgage Calculator

Estimate your monthly mortgage payment, with property tax and home insurance included in the total.

Home Price ($)

Down Payment ($ — 20%)

Interest Rate (% p.a.)

Loan Term (years)

Annual Property Tax ($)

Annual Home Insurance ($)

Estimated Monthly Payment

$2,456

$2,023 principal & interest + $433 taxes & insurance

$320,000

Loan Amount

$728,142

Total of Payments

$408,142

Total Interest

Estimate only — actual rates, PMI, and closing costs vary by lender. Property tax and insurance are entered as annual totals and averaged into the monthly figure.

How to use Mortgage Calculator

Enter the home price, down payment, interest rate and loan term.
Enter your annual property tax and homeowners insurance.
Your monthly principal & interest, plus the full monthly payment with tax and insurance included, are calculated automatically.

→ see the full month-by-month payment breakdown

Frequently asked questions

What's included in the monthly payment figure?

Principal and interest, plus property tax and home insurance averaged from their annual totals into a monthly amount — commonly called PITI. It doesn't include PMI, HOA fees, or other costs a specific lender might add.

Is this the exact rate I'll get from a lender?

No — it's an estimate based on the rate you enter. Actual rates depend on your credit, lender, loan type, and market conditions at the time you apply, so use this for planning, not a binding quote.

Is my information sent anywhere?

No — everything is calculated locally in your browser.

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