Mortgage Calculator
Estimate your monthly home-loan payment including principal, interest and optional property tax, insurance and HOA fees.
Home & loan
What goes into a mortgage payment
A typical monthly mortgage payment has up to four parts, often called PITI: principal, interest, taxes and insurance. The principal-and-interest portion is fixed for the life of a standard fixed-rate loan, while taxes and insurance can change over time. This calculator shows each component so you can see the true monthly cost of owning, not just the loan repayment.
Down payment matters
Increasing your down payment reduces the loan amount and therefore your monthly payment and lifetime interest. Editing either the amount or the percentage keeps the two in sync.
Frequently asked questions
Does this include PMI or mortgage insurance?
Use the insurance field to add any annual mortgage or home insurance premium. The figure is divided into equal monthly amounts.
Are property taxes the same everywhere?
No — rates vary widely by country and region. Enter your local annual amount for an accurate estimate.