Mortgage Calculator

Estimate your monthly mortgage payment with a clear breakdown of principal & interest, taxes, insurance, PMI and HOA. Optimized for US/EU style inputs.

Home Price

Total purchase price.

Down Payment Type % Amount

Enter either % of price or a fixed amount.

Interest Rate (APR, %)

Annual percentage rate.

Term (Years)

Common terms: 15, 20, 30

Property Tax (% / year)

Annual rate as % of home price.

Home Insurance (per year)

Annual premium estimate.

PMI (% / year)

If down < 20%, add PMI (approx.).

HOA (per month)

Optional homeowners association fee.

Tip: Press Enter or click Calculate.

Calculate Reset

Show payment breakdown

Loan Amount—

Down Payment—

LTV (at closing)—

Total Interest (life of loan)—

Show amortization schedule

Month	Payment	Principal	Interest	Balance

Download CSV

How to use

1. Enter the Home Price and your Down Payment (as % or amount).
2. Add your loan Term (years) and Interest Rate (APR).
3. Optionally include Property Tax (as % of price), Insurance (yearly), PMI (% yearly), and HOA (monthly).
4. Click Calculate. Review the breakdown and, if needed, open the Amortization schedule.

Benefits

• Clear monthly cost with principal & interest (P&I) plus taxes/insurance/PMI/HOA.
• LTV indicator shows if PMI is likely at closing (LTV ≥ 80%).
• Amortization schedule to see how principal builds over time.
• CSV export for your records or advisor.

How it calculates

Monthly principal & interest is computed using the standard fixed‑rate formula:

M = P · r · (1 + r)^n / ((1 + r)^n − 1)

Where:
  P = loan amount (price − down payment)
  r = monthly rate (APR / 12)
  n = total payments (years · 12)
          

We then add monthly estimates for taxes (price × tax% ÷ 12), insurance (annual ÷ 12), PMI (loan × pmi% ÷ 12), and HOA.

Short disclaimer

This calculator is for estimation only and does not constitute financial advice. Actual payment terms, rates, taxes, insurance, PMI eligibility, and HOA fees vary by lender and location. PMI generally applies when LTV ≥ 80% and may drop later; consult your lender for exact rules.