US Mortgage Calculator

Calculate your monthly mortgage payment with taxes, insurance, HOA, PMI and extra payments. See detailed amortization schedules and potential savings.

How It Works

1. Enter Your Details — Input home price, down payment, interest rate, and loan term. Add property taxes, insurance, HOA, and extra payments.
2. Review Your Breakdown — See your total monthly payment broken down by principal, interest, taxes, insurance, PMI, and HOA.
3. Export & Compare — Download results as PDF, share them, and see how extra payments save thousands in interest.

Everything You Need

• Complete Calculation — P&I, taxes, insurance, HOA, PMI and extra payment impact.
• Amortization Schedule — Month-by-month payment breakdown and equity tracking.
• Accurate & Reliable — Standard mortgage formulas with proper PMI calculations.
• Save Time & Money — See how extra payments save thousands and years off your loan.

Frequently Asked Questions

What's included in my monthly mortgage payment?

Your total monthly payment typically includes Principal & Interest (P&I), property taxes, homeowners insurance, and potentially PMI if you put down less than 20%. Some payments also include HOA dues.

When do I need to pay PMI?

Private Mortgage Insurance (PMI) is required when your down payment is less than 20% of the home's value. PMI typically costs 0.3% to 1.5% of your loan amount annually and can be removed once you reach 20% equity.

How much can extra payments save me?

Extra payments go directly toward your loan principal, reducing the total interest you'll pay. Even an extra $100/month can save tens of thousands in interest and years off your loan term.

Are the tax and insurance estimates accurate?

Our calculator provides estimates based on national averages. Actual property taxes vary by location and insurance costs depend on your property and coverage. Contact local providers for precise quotes.