Credit Card Payoff Calculator
Compare snowball and avalanche payoff plans across one or more credit cards.
Mortgage Calculator
Estimate your monthly mortgage payment with taxes, insurance, PMI, and HOA fees.
Your estimated payment
- Principal & interest
- $0/mo
- Property taxes
- $0/mo
- Insurance
- $0/mo
- PMI
- $0/mo
- HOA
- $0/mo
Payments over time
Annual payment costs and loan balanceMortgage payment calculator with taxes, insurance, PMI, and HOA
Use this mortgage calculator to estimate a monthly house payment from the home price, down payment, interest rate, and loan term. The estimate includes principal and interest plus common ownership costs like property taxes, homeowners insurance, PMI, and monthly HOA dues.
The chart shows how the loan changes over time. Early payments usually go more toward interest, while later payments pay down more principal and reduce the remaining loan balance faster.
How the mortgage estimate works
The calculator starts with the loan amount, which is the home price minus the down payment. It then amortizes principal and interest across the selected term using the interest rate entered above.
Annual property taxes and insurance are divided into monthly amounts and added to the payment. PMI is included when the loan-to-value ratio is above 80%, and HOA dues are added as a separate monthly cost.
Mortgage calculator FAQ
What is included in a mortgage payment?
A typical mortgage payment can include principal, interest, property taxes, homeowners insurance, PMI, and HOA dues.
When does PMI go away?
PMI usually applies when the loan-to-value ratio is above 80%. It can often be removed once enough principal has been paid down, but exact rules depend on the loan type and lender.
How does a down payment affect monthly payment?
A larger down payment lowers the loan amount. That usually reduces principal and interest and may also reduce or eliminate PMI.
Does this calculator include taxes and insurance?
Yes. Enter annual property tax and insurance amounts, and the calculator converts them into monthly costs in the payment estimate.
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