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Mortgage Payment Calculator

Estimate your monthly principal, interest, taxes, and insurance in seconds.

National average benchmark, not a quote. Edit to your scenario.

Estimated monthly payment

$2,535

Principal, interest, taxes & insurance

Principal & interest$2,018
Property taxes$367
Home insurance$150
Loan amount$320,000

Estimates only. Your actual numbers depend on your loan, credit, and property. This estimate doesn't include PMI, which may apply with less than 20% down.

How do I read the result?

The big number is your estimated total monthly payment. Below it, you'll see how that splits between principal and interest, taxes, and insurance. If the total feels high, try a larger down payment, a different price, or a longer term to see how each one moves the payment.

Why is the rate just a starting point?

The rate field starts at the Freddie Mac national average as a benchmark, not a quote for you. Your actual rate could be higher or lower based on your credit, loan type, down payment, and the property. Edit it to match scenarios you're curious about, then reach out and I'll run real numbers for your situation.

Common questions

It estimates your total monthly housing payment by adding principal and interest to your property taxes and home insurance. You enter the price, down payment, rate, and term, and it breaks the payment into parts. It's an estimate to help you plan, not a quote.

A typical payment has four parts people call PITI: principal, interest, taxes, and insurance. You may also have HOA dues or mortgage insurance. This tool covers principal, interest, taxes, insurance, and HOA, so you get a fuller picture than a principal-and-interest-only number.

No. This estimate leaves out private mortgage insurance, which may apply when you put down less than 20% on a conventional loan. PMI can add to your payment, so your real number could be higher. I can show you whether PMI applies to your scenario and roughly how much.

Last updated: June 5, 2026

This calculator is for educational estimates only. It isn't an offer to lend, a quote, or a commitment to make a loan. Your actual numbers depend on your loan, credit, property, and other factors. Rates and programs may change without notice.

Estimates are great. A real plan is better.

60 seconds. No credit pull. Real options.

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