Free online tool

Mortgage Calculator

Separate principal and interest from estimated monthly housing costs.

Estimated monthly payment-
Principal and interest-
Tax and insurance-
Loan amount-
Total loan interest-
Down payment-

Method

Financial calculation method

Results use the entered rate, term, payment timing, and price assumptions. Periodic rates are derived from the nominal annual rate shown in the form.

These calculations are planning estimates. Lender schedules, fees, taxes, rounding policies, and payment dates can change an actual quote or statement.

Questions

Mortgage Calculator FAQ

What is included in this mortgage payment?

The result separates principal and interest and adds entered property tax, home insurance, and HOA amounts.

Is mortgage insurance included?

Not automatically. Add any expected mortgage insurance to the monthly HOA or other-cost field when comparing affordability.

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