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Mortgage Payment Calculator

Estimate your full monthly payment, including principal and interest, property taxes, homeowners insurance, HOA dues, and mortgage insurance if applicable.

Your numbers

$
%
%

Illustrative example rate. Not an available or quoted rate.

yrs
%

Annual, as % of home price

%

Annual, as % of home price

$

Leave at zero if no HOA

%

Only applied if down payment is under 20%

Total monthly payment

Estimated monthly (PITI)$3,402

Principal, interest, taxes, insurance.

Payment breakdown

Principal and interest$2,724
Property taxes$525
Homeowners insurance$153

Loan summary

Down payment$105,000
Loan amount$420,000
Total interest over loan$560,680
Results are estimates based on user inputs and do not represent loan terms, APR, or a financing offer. Pre-filled values are illustrative examples, not available or quoted rates. Actual terms depend on credit, property, program, and underwriting.

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Affordability Calculator

See the home price you can comfortably afford based on income, debts, and target debt-to-income ratio.

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Closing Costs Calculator

Estimate the cash you will need at the closing table beyond your down payment.

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Compare renting versus buying over 5, 7, and 10 years. Surfaces the breakeven year in plain English.

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Can I Qualify?

Walk through the qualification questions a loan officer asks first to get a directional answer.

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Frequently asked questions

What does this calculator include in the monthly payment?
Principal and interest, property taxes, homeowners insurance, HOA dues, and PMI when down payment is below 20%. This is the full PITI plus HOA, what most lenders use to qualify you.
Does this calculator use your actual mortgage rate?
No. You enter a sample rate. Your actual rate depends on your credit, down payment, occupancy, property type, program, and the day you lock.
Why does my monthly payment change if I change the down payment?
A larger down payment lowers the loan amount, lowers principal and interest, and removes PMI once you cross 20% down. Each lever moves the payment in a predictable way.
Is this an offer to lend?
No. This is an educational estimate. Actual loan offers require an application and underwriting.

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Related reading

Want the story behind the numbers?

  • ArticleHow much house can you actually afford?How lenders translate income and debts into a comfortable price.Read
    Try: Affordability
  • ArticleHow much do you need for a down payment?What the down payment actually changes in the monthly number.Read
    Try: Closing costs
  • HubFirst-time buyer hubEnd-to-end walkthrough from preapproval to closing.Read
Related calculators

More buying a home calculators

See all

Affordability Calculator

See the home price you can comfortably afford based on income, debts, and target debt-to-income ratio.

Open calculator

Closing Costs Calculator

Estimate the cash you will need at the closing table beyond your down payment.

Open calculator

Rent vs Buy Calculator

Compare renting versus buying over 5, 7, and 10 years. Surfaces the breakeven year in plain English.

Open calculator

Can I Qualify?

Walk through the qualification questions a loan officer asks first to get a directional answer.

Open calculator

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