Estimate your full monthly mortgage payment – principal, interest, property tax, insurance and PMI.
🔒 Calculated in your browser.
How to use the mortgage calculator
- Enter the home price and down payment.
- Set the rate, term, property tax and insurance.
- Read the monthly payment breakdown.
Avoiding PMI
With a conventional loan, putting down 20% or more avoids private mortgage insurance, which typically costs 0.3-1.5% of the loan per year.
Frequently asked questions
What is included in a mortgage payment?
Principal, interest, and usually property tax and homeowners insurance held in escrow (PITI).
15 or 30 years?
15-year loans cost far less interest but have higher monthly payments.
Is this exact?
No – it's an estimate; get quotes from lenders.