Monthly Payment Calculator
Estimate your monthly mortgage payment.
Use this calculator to estimate principal & interest plus typical monthly costs like taxes, insurance, HOA, and mortgage insurance.
Loan details
Used to estimate loan amount and taxes (if tax % is used).
Down payment is ignored if you calculate by loan amount.
Estimated note rate used for principal & interest.
Used only to guide the MI behavior (you can override manually).
Monthly costs
Example: 1.20 = 1.20% per year (converted to monthly).
We’ll convert to monthly.
Auto assumes MI when down payment is under 20% (Conventional estimate).
Estimate only. Converted to monthly. (0.55 = 0.55%/yr)
This is an estimate for planning purposes only. Actual payments may vary based on program guidelines, insurance quotes, taxes, and final loan terms.