Mortgage Calculator
Calculate your complete monthly mortgage payment including principal, interest, taxes, insurance, and PMI.
Year-by-Year Amortization
| Year | Principal Paid | Interest Paid | Remaining Balance |
|---|
For educational purposes only — not financial advice.
How to use
- Enter the home price and your down payment (as dollars or a percentage).
- Select your loan term (15, 20, or 30 years) and enter your interest rate.
- Add annual property tax and homeowner's insurance estimates.
- If your down payment is less than 20%, enter your PMI rate (typically 0.5–1.5%).
- Click Calculate to see your full PITI monthly payment breakdown.
- Review the year-by-year table to see how your balance decreases over time.
About this Mortgage Calculator
Use this free mortgage calculator to estimate monthly house payments, including principal, interest, taxes, insurance, and other common payment factors. It is useful for homebuying research. No signup is required, and the tool works on phones, tablets, and desktop browsers.