Mortgage Calculator

Monthly mortgage payment plus optional property tax, insurance, HOA, and PMI.

Home price

Down payment

Rate (%)

Term (years)

Property tax % per year

Insurance / yr

HOA / month (optional)

PMI / month (if down < 20%)

Total monthly payment

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Principal & interest

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Property tax (mo)

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Insurance (mo)

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HOA + PMI

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Loan amount

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Total interest over life

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"PITI" = Principal + Interest + Tax + Insurance. PMI typically applies when down payment is below 20% of home price; check with your lender.

How this works

Loan amount = Home price − Down payment. P&I is the standard fixed-rate mortgage formula. Tax + Insurance are spread monthly (annual amount ÷ 12). HOA and PMI are flat monthly add-ons. Use this for rough budgeting — actual closing costs and lender fees aren't modeled.