Calculator
Mortgage Payment Calculator
Estimate the full monthly cost of a home loan, including taxes, insurance and HOA.
Loan details
Of home price per year.
Of home price per year.
PMI is off and not included.
Estimated monthly payment
- Principal & interest
- $0
- Property tax (1.00%)
- $0
- Homeowners insurance (0.35%)
- $0
- PMI (off)
- $0
- HOA
- $0
- Total estimated monthly payment
- $0
- Down payment
- $0
- Loan amount
- $0
- Total interest over term
- $0
How a monthly payment estimate works
Principal and interest use standard fixed-rate amortization over the loan term (a 0% rate simply divides the loan evenly). Property tax and insurance are yearly figures divided by 12; PMI is a yearly rate applied to the loan amount.
Default tax (1.00%), insurance (0.35%) and PMI (0.50%) rates are editable planning placeholders, not local quotes. Closing costs, points, escrow adjustments and future tax or insurance changes are excluded; PMI is included only if you turn it on.