Mortgage Calculator
Calculate your monthly mortgage payments, total interest, and view detailed amortization schedules. Includes taxes, insurance, and PMI.
Loan Details
Down payment: $0 (NaN%)
Additional Costs (Optional)
Monthly Payment Breakdown
Principal & Interest$0.00
Total Monthly Payment$0.00
Loan Summary
Loan Amount
$0
Total Interest
$0
Total Paid
$0
Payoff Date
May 2055
Monthly P&I Payment:$0.00
Total of 360 payments:$0
Total Interest:$0
Interest as % of loan:NaN%
Mortgage Calculator Guide
Understanding Your Monthly Payment
Your total monthly payment includes Principal & Interest (P&I), property taxes, homeowners insurance, and possibly PMI if you put down less than 20%.
What is PMI?
Private Mortgage Insurance (PMI) is required when you put down less than 20%. It typically costs 0.3% to 1.5% of the original loan amount annually.
Interest Rate vs APR
Interest rate is the cost of borrowing money. APR includes the interest rate plus other loan costs like origination fees and points.