🏠Mortgage Calculator

Estimate your monthly mortgage payment including principal, interest, property tax and home insurance, plus total interest paid over the loan term.

Enter your details and press Calculate to see your monthly payment.

How the mortgage payment is calculated

Your monthly principal & interest is based on the loan amount (home price minus down payment), the monthly interest rate, and the number of monthly payments, using the standard amortization formula. Property tax and home insurance, if entered, are divided by 12 and added to give your total monthly payment. Results are estimates — see our disclaimer.