Mortgage Calculator
Estimate your monthly mortgage payment including principal, interest, property tax, and homeowner's insurance.
Monthly payment
$2,448
Principal & interest$2,023
Property tax$300
Home insurance$125
Loan amount$320,000
Frequently asked questions
What's included in a monthly payment?
Principal, interest, property tax, and homeowner's insurance (PITI). PMI may apply with less than 20% down.
How much house can I afford?
A common rule is that housing costs should not exceed 28% of gross monthly income.
Should I choose a 15 or 30-year loan?
15-year loans have higher payments but far less total interest. 30-year loans offer lower monthly payments.