Finance calculator
Mortgage Calculator
Estimate your monthly mortgage payment, including principal, interest, property taxes, and insurance.
Home buying
Monthly payment
Loan planning
Calculator
Enter your numbers
Use your home price, down payment, loan term, and rate to estimate a monthly payment.
Inputs
Adjust the home price and loan assumptions below.
Results
Moderate
Mortgage summary
Loan snapshot
Your estimated monthly housing payment appears moderate based on the current loan assumptions.
Loan Amount
$280,000.00
Down Payment %
20.00%
Check values
Home price must be greater than zero to calculate a mortgage payment.
How mortgage payment is calculated
A monthly payment is more than just the loan
Mortgage payments are typically made up of principal, interest, property taxes, and insurance. This calculator combines those pieces into one estimated monthly payment.
Loan Amount
Home Price − Down Payment
Principal & Interest
Standard amortized monthly mortgage formula
Total Monthly Payment
Principal & Interest + Monthly Tax + Monthly Insurance
When to use it
Useful before you make an offer
Estimate affordability
See whether a specific home price and down payment fit your target monthly budget.
Test different down payments
Compare how a larger or smaller down payment changes the loan amount and monthly payment.
Understand the full monthly cost
Go beyond the loan payment by including taxes and insurance in the estimate.
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