Mortgage Calculator
Estimate monthly mortgage payments, including down payment, property tax, and insurance.
Mortgage Calculator — Buying a home is the biggest purchase most people ever make, and the monthly payment is more than just the loan. A real mortgage payment bundles principal, interest, property taxes, and homeowners insurance — often called PITI.
Your mortgage figures are computed entirely in your browser and never leave your device.
What is mortgage calculator?
Buying a home is the biggest purchase most people ever make, and the monthly payment is more than just the loan. A real mortgage payment bundles principal, interest, property taxes, and homeowners insurance — often called PITI.
This calculator starts from the purchase price and your down payment, then builds the full picture: the loan amount, your loan-to-value ratio, the estimated monthly payment including escrow, and how much interest you pay over the life of the loan.
How to use it
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Enter the purchase price
The full price of the home you are considering.
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Set your down payment percentage
A 20% down payment typically avoids private mortgage insurance (PMI).
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Add the interest rate and term
For example 6.5% for 30 years. Longer terms mean lower payments but more total interest.
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Include tax and insurance
Optional annual property tax and homeowners insurance are spread across your monthly payment.
Examples
A $350,000 home with 20% down
A common starter scenario.
Price: 350000 · Down: 20% · Rate: 6.5% · Term: 30 years
Result: Loan of $280,000 → monthly P&I ≈ $1,769.95, total interest ≈ $357,000.
Frequently asked questions
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