Free mortgage calculator to calculate mortgage payment. Instant results in your browser — no signup.
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Enter the values, then calculate.
Results update when you click Calculate Mortgage.
Primary answer and useful breakdowns.
Monthly payment
$2,236.46
P&I + tax + insurance + PMI + HOA
Estimates only. Actual payments vary by lender fees, escrow, and PMI rules.
Loan amount
$280,000
Total interest
$357,125
Payoff date
Aug 2056
Total of P&I
$637,125
Breakdown
Loan balance vs interest paid
Try an extra payment
Add a small extra monthly amount to see how much interest and time you could save.
Free mortgage calculator to calculate mortgage payment. Instant results in your browser — no signup. Monthly P&I uses M = P · r(1+r)^n / ((1+r)^n − 1). Tax and insurance are annual ÷ 12. HOA and PMI are monthly. Extra payments reduce principal after the scheduled P&I.
Monthly P&I uses M = P · r(1+r)^n / ((1+r)^n − 1). Tax and insurance are annual ÷ 12. HOA and PMI are monthly. Extra payments reduce principal after the scheduled P&I.
$350,000 home, 20% down, 6.5% for 30 years plus tax/insurance produces a PITI (+ HOA) monthly total.
Principal pays down the loan balance; interest is the cost of borrowing. Together they form the base mortgage payment before escrow items.
We use the standard amortizing loan formula with your rate and term, then add tax, insurance, PMI, and HOA you enter.
Private mortgage insurance. Lenders often require it when down payment is under 20%. Enter your quote — we don’t invent PMI rates.
Extra principal shortens the schedule. This tool estimates interest saved and an earlier payoff date from your extras.