Calculate monthly mortgage payments including taxes and insurance
Calculate your monthly home loan payment
Per month
Including P&I
Down payment: 0%
Over loan term
Enter mortgage details to calculate payment
Understanding your home loan payment
Home price minus down
Principal & interest
Annual divided by 12
Protection coverage
💡 Pro Tip: Your total monthly payment = Principal + Interest + Property Tax + Insurance + HOA fees (if applicable)
Step-by-step guide to get started
Quick Tip: Follow these steps in order for the best experience
Understanding the mortgage calculation
Calculates monthly payment based on loan amount (home price - down payment), interest rate, and term. Adds property tax and insurance for total monthly cost.
Based on proven research
Simple steps for everyone
Get answers immediately
Find answers to common questions about mortgages
Typically 10-20% of the home price. A larger down payment can lower your monthly payments and interest rate.
Private Mortgage Insurance, required if down payment is less than 20%. It protects the lender if you default.
Still have questions? Feel free to leave a comment below and we'll help you out!
Share your thoughts and experiences
Be the first! No comments yet. Share your experience and help others!
Leave a Comment
We'd love to hear from you