Homeowner Hub
Homeowner Hub
Mortgage planning

Mortgage payment calculator

Model the full monthly payment with loan terms, property taxes, insurance, HOA dues, and PMI before you compare offers.

Loan assumptions

Build a monthly payment scenario

20.0% down
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Estimated monthly payment

$2,789 / mo

Based on a 30-year loan at 6.750%.

Principal and interest$2,205
Taxes and insurance$583
HOA and PMI$0
Principal and interest$2,205
Property taxes$433
Home insurance$150
HOA dues$0
PMI$0
Loan amount$340,000
Total loan cost$793,884
Total interest$453,884
Down payment20.0%

Leave annual property taxes or annual insurance blank to exclude them from this estimate. PMI is estimated at 0.5% annually when the down payment is below 20%.

This calculator is for planning only. Compare results with lender quotes, local property taxes, insurance, closing costs, and your cash reserve target.

How to use this mortgage estimate

Adjust the home price, down payment, rate, and local ownership costs until the total monthly payment fits your budget. If you sign in, the saved result will appear in your dashboard with the date it was saved.

Browse with this math

Check monthly payment while viewing homes online.

The YourHomeCosts Chrome extension brings a mortgage payment and affordability check into supported listing pages.

Mortgage Calculator | Homeowner Hub