Money & Finance · Free tool

Mortgage Calculator

Estimate your monthly mortgage payment, total interest, and payoff schedule. Free, fast, and mobile-friendly.

Updated April 2026

Home price ($)Down payment (%)Rate (%)Term (years)Property tax (% / yr)Insurance ($ / yr)

Monthly payment (PITI)

$2,576

P&I

$2,076

Tax

$400

Insurance

$100

Loan amount: $320,000

What it does

A free mortgage calculator with PITI: Principal, Interest, Taxes, and Insurance — the four components of an actual monthly mortgage payment. Most calculators only show principal+interest and leave you surprised at closing. This one includes the rest.

Your real monthly mortgage bill is 25-40% higher than the P&I number. Property taxes vary by locality (1-2.5% of home value per year). Homeowners insurance is another $1,200- $2,500 per year. Always budget against PITI, not advertised principal+interest.

How to use it

Enter home price and down payment percent.
Enter mortgage rate and term (usually 30 years).
Estimate property tax rate and annual insurance.
Read your full PITI monthly payment.