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    Mortgage Calculator

    Estimate a U.S. monthly mortgage payment for a home purchase.

    Enter home price, down payment, interest rate, taxes, and insurance.

    The calculator separates principal and interest from common escrow-style costs.

    It is useful for early budgeting before a lender quote.

    Loan amount$340,000
    Principal & interest$2,205.23
    Estimated monthly total$2,755.23
    Down payment percent20%

    Principal and interest are amortized; taxes and insurance are added as simple monthly estimates.

    How it works

    About this calculator

    What it estimates

    • Enter home price and down payment
    • Set interest rate and term
    • See estimated monthly payment and total interest

    Important notes

    • Assumes a fixed-rate mortgage with monthly payments.
    • Adds property tax and homeowners insurance as straight monthly estimates.
    • Does not include PMI, HOA dues, points, closing costs, or changing tax assessments.

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