Mortgage Payment Calculator

Calculate your monthly payment, total interest over the life of the loan, and see exactly how each payment splits between principal and interest.

Loan Details

Home Price ($)

Down Payment ($) 20.0% down

Annual Interest Rate (%)

Loan Term

Annual Property Tax ($) Optional — for total monthly estimate

Annual Home Insurance ($) Optional — for total monthly estimate

Monthly Payment Breakdown

Monthly P&I Payment
—
Principal + Interest

Total Monthly (PITI)

—

Total Interest Paid

—

Total Cost

—

Principal vs. Interest

Principal: — Interest: —

Amortization Schedule

Year	Principal	Interest	Balance

Note: This calculator covers principal and interest only. Property taxes, insurance, and PMI (if down payment < 20%) affect your total monthly payment. PMI typically runs 0.5–1.5% of the loan amount annually.