Mortgage Payment Calculator
Estimate a monthly housing payment from home price, down payment, interest rate and loan term, then layer in property taxes, homeowners insurance and HOA dues.
Loan amount$320,000.00
Principal & interest$2,022.62
Estimated monthly total$2,889.28
Taxes + insurance + HOA$866.67
PMI, FHA mortgage insurance, closing costs and lender fees are not included.
How this tool works
Principal and interest use the standard amortization formula. Taxes and insurance are converted from annual amounts to monthly amounts and added to the payment.
Example
A $400,000 home with 20% down creates a $320,000 loan before adding taxes, insurance or HOA dues.
Common questions
Does this include mortgage insurance?
No. Add PMI or FHA mortgage insurance separately if it applies.
Is this a lender quote?
No. It is an estimate for planning, not a loan offer.