Mortgage Calculator
Calculate your monthly mortgage payment including taxes, insurance, PMI, and HOA...Calculate your monthly mortgage payment including taxes, insurance, PMI, and HOA fees. Compare different down payments and loan terms.
Additional Monthly Costs
Total Monthly Payment
$2,572.62
Loan Amount: $320,000
Monthly Payment Breakdown
Loan Amount
$320,000
Down Payment
$80,000
Total Interest
$408,142
Total Paid (30yr)
$926,142
Calculator Features
Why Use Mortgage Calculator?
Complete PITI Breakdown
See your full monthly payment including principal, interest, taxes, and insurance.
PMI Calculator Built-In
Automatically calculates PMI when down payment is below 20%.
Visual Payment Chart
See how your payment is distributed with an interactive visual breakdown.
Instant Calculations
Results update in real-time as you adjust values. No waiting needed.
Quick Scenarios
One-click presets for starter, median, and premium home price ranges.
100% Private
Your financial information stays in your browser. No data sent to servers.
Common Uses
Home Shopping
Determine how much home you can afford before house hunting.
Compare Scenarios
Compare different down payments, terms, and interest rates.
Refinance Analysis
Calculate potential savings when refinancing your mortgage.
Budget Planning
Plan your monthly budget with accurate payment estimates.
How It Works
Enter Home Price
Input the purchase price of the home you're considering. Use presets for common price ranges.
Set Down Payment
Enter your down payment percentage. If less than 20%, PMI will automatically be calculated.
Add Property Costs
Include annual property tax, home insurance, and any HOA fees for complete payment estimate.
Review Total Payment
See your complete monthly payment breakdown (PITI), total interest, and compare different scenarios.
Home Buying Tips
20% Down Saves Money
Putting 20% down eliminates PMI, which can save you hundreds per month. Even if you start lower, work toward 20% equity to remove PMI.
Consider 15-Year Terms
15-year mortgages typically have lower interest rates and save significant money over the life of the loan, though monthly payments are higher.
Don't Forget Hidden Costs
Property taxes, insurance, and HOA fees can add 20-30% to your base mortgage payment. Always include these in your budget planning.