Mortgage Calculator
Estimate monthly mortgage payment from home price, down payment, rate, term, tax, and insurance.
Example
A $400,000 home with $80,000 down at 6.75% for 30 years is about $2,925 per month before HOA or PMI.Frequently asked questions
Everything you need to know to read the result with confidence.
What does the Mortgage Calculator do?+
Estimate monthly mortgage payment from home price, down payment, rate, term, tax, and insurance.
How do I use this mortgage calculator?+
Enter the purchase price, down payment, interest rate, loan term, and annual tax and insurance estimates.
What inputs should I enter?+
Enter home price, down payment, interest rate, loan term, property tax, home insurance. Leave the default values in place when they match your situation.
What formula does this calculator use?+
Monthly payment uses standard amortization, then adds monthly property tax and insurance.
Can I share my result?+
Yes. Change the inputs, copy the page link, and the current inputs will be included in the URL for sharing or reopening later.