Mortgage Calculator

Mortgage Payment Calculator

Estimate your monthly mortgage payment (principal & interest, plus optional taxes, insurance, and HOA).

Home Price

Estimated purchase price of the property.

Down Payment

% of price

Typical down payment is 3%–20%.

Interest Rate

% / year

Annual interest rate on your mortgage.

Loan Term

years

Most loans are 15 or 30 years.

Property Taxes

$ / year

Optional: estimate annual property taxes.

Homeowners Insurance

$ / year

Optional: annual homeowners insurance.

HOA Dues

$ / month

Optional: monthly HOA dues (if any).

Please enter a valid home price and loan term.

Principal & interest, plus estimates for taxes, insurance, and HOA.

Total Monthly Payment

P&I + taxes + insurance + HOA

Principal & Interest

Monthly mortgage payment.

Estimated Loan Amount

Price minus down payment.

Down Payment

Your cash at closing (estimate).