Free Tool
Mortgage Payment Calculator
Calculate your estimated monthly mortgage payment including principal, interest, taxes, insurance, and PMI.
$400,000
$50k$2M
20%$80,000
0%50%
6.89%
2%12%
Monthly Expenses (Estimates)
$
$
$
Estimated Monthly Payment
$2,555.38
per month
Payment Breakdown
Principal & Interest
$2,105.38Property Tax
$300.00Home Insurance
$150.00Loan Summary
Loan Amount$320,000
Down Payment$80,000 (20%)
Total Interest Paid$437,937
Total Cost of Loan$757,937
See Real Rates for This Loan
Your estimated payment is based on 6.89% APR. Compare real lender rates — many borrowers qualify for lower.
Compare Real Rates NowThis calculator provides estimates for informational purposes only. Actual payments will vary based on your credit score, lender terms, exact property taxes, insurance rates, and other factors. Always verify with your lender before making financial decisions.