Free calculator · for buyer consults

Mortgage Payment

Work out a buyer's monthly payment, including taxes, insurance, HOA and PMI. No sign-up needed.

The home and loan

Home price

Down payment

$35,000 down

Interest rate

An example. Use today's quoted rate.

Loan term

Monthly extras

Property tax rate

% a year

Check the county's rate for the address

Home insurance

$a year

HOA dues

$a month

PMI

% a year

Only applies under 20% down

Estimated monthly payment

$2,906

On a $315,000 loan over 30 years at 6.5%.

Principal and interest Property tax Insurance PMI

Principal and interest$1,991

Property tax$583

Home insurance$200

PMI$131

Total each month$2,906

Interest over the loan$401,765

How it's worked out

No black box.

1Principal and interest use the standard fixed-rate formula for the loan amount, rate and term.
2Property tax is the yearly rate on the home price, divided by twelve. The appraised value the county uses may differ.
3PMI is included only when the down payment is under 20%.
4This is an estimate. A lender's Loan Estimate gives the exact numbers.