Simple Mortgage Calculator

Calculate your exact monthly payments including principal, interest, taxes, insurance (PITI), and HOA fees.

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Additional Costs (Yearly)

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Usually required if down payment is less than 20%
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Estimated Monthly Payment

$1,917.54
Principal & Interest
$1,517.54
Property Tax
$300.00
Home Insurance
$100.00
PMI
$0.00
HOA Fees
$0.00
Loan Amount
$240,000
Total Interest
$306,315
Total Amount Paid (Loan + Interest)
$546,315

Amortization Schedule

See how your loan balance decreases over time. Notice how early payments consist mostly of interest, while later payments pay down more principal.

# Payment Principal Interest Remaining Balance

Want to learn more?

How Payments Work
Understand PITI
Amortization Explained
Why early payments are mostly interest
What is PMI?
Learn about mortgage insurance