Mortgage Calculator
Calculate your monthly mortgage payments including principal, interest, taxes, insurance, PMI, and HOA fees. Get a complete breakdown of your home buying costs.
Complete Cost Breakdown
See all costs including taxes, insurance, PMI, and HOA fees
Amortization Schedule
View detailed payment schedule showing principal and interest over time
Down Payment Impact
See how different down payment amounts affect your monthly payment and PMI
Mortgage Details
I will put down % as a down payment ($100,000.00), leaving a loan amount of $400,000.00.
The mortgage interest rate is % and I'll pay it back over years.
I'll make payments .
Annual property tax is $, home insurance is $ per year.
PMI is $ monthly, and HOA fees are $ per month.
Understanding Your Mortgage Payment
Principal & Interest
This is the core of your mortgage payment. The principal pays down your loan balance, while interest is the cost of borrowing money.
Property Taxes & Insurance
Annual property taxes and homeowners insurance are typically collected monthly by your lender and held in escrow until the bills are due. This protects your investment and is required by most lenders.
PMI & HOA Fees
Private Mortgage Insurance (PMI) is required if you put down less than 20%. HOA fees vary by community and cover shared amenities and maintenance.