Mortgage Calculator
State
Property type
Mortgage Calculator
Monthly P&I (principal & interest) at
today’s rates for your credit tier; taxes & fees excluded. Click a cell to load it.
*Includes mortgage insurance. **First 10 years only — payment rises in year 11.
A custom rate you type (as your spread vs. market) and any buydown apply across the grid.
Loan type
Loan types explained →
Sale price
Down payment
%
Interest rate
%
Credit score
Property tax per month
Homeowner's insurance per month
PMI per month
HOA fees per month
Monthly payment breakdown
Based on your inputs
$2,392
/mo
-
Principal & interest$2,046.35
-
Property tax+ $
-
Homeowner's insurance+ $
-
PMI+ $
-
HOA fees+ $
Closing cost breakdown
One-time costs due at closing, on top of the down payment
Typical national figures — your lender’s Loan Estimate has the real numbers. State and local transfer or mortgage taxes vary widely (from none to 2%+ of the price, and who pays is set by local custom) and are not included. Prepaids fund your escrow account: about 3 months of property tax, a year of insurance, and ~15 days of interest.
Amortization for mortgage
Amortization is paying off debt over time in equal installments. As the term of your mortgage loan progresses, a larger share of your payment goes toward paying down the principal until the loan is paid in full at the end of your term.
Loan amount
$340,000
Total interest paid
$396,685
Total cost of loan
$736,685
Payoff date
Feb 2056
Principal paid
Interest paid
Loan balance
As of March 2026
Principal paid
$336
Interest paid
$1,710
Loan balance
$339,664
| Year | Principal paid | Interest paid | Remaining balance |
|---|