Buying a Home

Mortgage Payment Calculator

Estimate your monthly mortgage payment including principal, interest, taxes, and insurance. Adjust your home price, down payment, and rate to see how they affect your bottom line.

Mortgage Payment Calculator

Loan Term
Your Monthly Payment
$2,023
principal & interest only
Full Monthly Breakdown
Principal & Interest$2,023
Property Taxes (est.)
$/mo
Home Insurance (est.)
$/mo
Estimated Total$2,615/mo
Loan Amount
$320,000
Total Interest
$408,142
Total Cost
$728,142
How Rate Changes Affect You
6%
$1,919
Save $104/mo
6.5%
$2,023
Current
7%
$2,129
+$106/mo

Related Articles

How to Calculate Your Monthly Mortgage Payment

Figure out your real monthly mortgage payment before you start house hunting. Plug in your numbers, see instant results, and understand every piece of what you'll actually owe each month.

First-Time Home Buyer Mortgage Guide: Down Payments, Loans, and Steps

Everything first-time home buyers need to know about getting a mortgage in 2026, from down payment options and loan types to common mistakes and step-by-step guidance.

Similar Tools

Home Affordability Calculator

See how much house you can realistically afford

→

Pre-Approval Checklist

Track every step of the pre-approval process

→

Debt-to-Income (DTI) Calculator

Calculate your front-end and back-end DTI

→

Don't miss the next move

Get a brief, timely note when mortgage rates shift, and the occasional deep-dive article.