Mortgage Calculator
Estimate monthly mortgage payments including principal, interest, property taxes, homeowner's insurance, and HOA fees.
Estimated Monthly Payment
$2,809/mo
Principal & Interest: $2,275
Breakdown & Metrics
Loan Principal$360,000
Down Payment$90,000 (20.0%)
Total Interest Paid (Life of Loan)$459,160
Monthly Property Tax$417
Monthly Homeowners Insurance$117
Total Cost of Home & Loan$1,101,160
How It Works & Tips
- ✓Putting down at least 20% eliminates the need for Private Mortgage Insurance (PMI).
- ✓A 15-year fixed loan significantly reduces total lifetime interest compared to a 30-year term.
- ✓Include local property taxes and HOA dues for an accurate monthly cashflow estimate.