Mortgage Payment Calculator
Loan amount
usd
Annual interest rate
percent
Term
years
Home value
usd
The purchase price. Needed for the loan-to-value ratio, which is what decides PMI.
Property tax a year
usd
From the last bill, not from a rate. Effective rates run from about 0.3% to over 2% of value depending on the state.
Home insurance a year
usd
HOA dues a month
usd
First payment
Used for the payoff date. The month is what matters; the day just carries through.
Property tax and insurance rise by
percent
A year. Principal and interest never move on a fixed-rate loan — escrow is the part of the payment that grows.
PMI rate a year
%
A share of the loan balance, charged only while the loan-to-value is above 80%.
Monthly principal & interest
$2,528.27
Show the work
Mortgage Payment Calculator
by Rule Calculator