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Free Mortgage Calculator
Calculate your true monthly payment with taxes, insurance, and PMI.
🏠 Enter Your Info
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🏠 Your Result
What a Mortgage Payment Covers
Your monthly payment has 4 parts: loan payment, property tax, home insurance, and PMI if your down payment is under 20%. This calculator shows all of them — not just the loan.
How to Use It
Enter the home price, your down payment, and the interest rate. Pick 15 or 30 years. Tap Calculate. You'll see the full monthly cost. Try a bigger down payment to see how it changes.
What to Do Next
Use the budget calculator to see if this payment fits your income. A good rule: your home payment should stay under 30% of your take-home pay. A bigger down payment removes PMI.