Mortgage Calculator
Estimate principal and interest, plus your own taxes, insurance, mortgage insurance, and HOA costs.
Mortgage & housing
budget calculator.
Choose the costs to include, compare your payment, and explore the effect of extra principal payments.
Build your loan scenario
Choose a loan type to load an editable down payment example. These presets do not determine eligibility.
The calculator models a fixed-rate, fully amortizing purchase scenario. Enter your actual mortgage insurance or guarantee-fee installment in the monthly insurance field if applicable. Upfront FHA insurance, VA funding fees, USDA guarantee fees, and financed fees are not included.
Program information: Fannie Mae · FHA · VA · USDA
Add your housing costs
Percentage estimates use the entered home price. Actual assessed value, exemptions, and tax bills may differ.
An annual percentage is applied to the initial loan amount and divided by 12. Actual insurance charges may differ or change over time.
Optional: extra principal payments
Assumes additional principal is applied monthly, no prepayment penalty, and unchanged loan terms. Confirm payment instructions and terms with your servicer.
PITI means principal, interest, property taxes, and homeowners insurance. Mortgage insurance and HOA dues are separate inputs.
including selected costs
- Principal & interest
- Property taxes
- Homeowners insurance
- Mortgage insurance
- HOA dues
- Other housing costs
- Extra principal
Illustrative fixed-rate, fully amortizing calculation. The sample rate is not a current offer or APR. Costs default to zero until entered. This is not a Loan Estimate, approval, or affordability determination. Closing costs, financed upfront fees, rate changes, interest-only periods, and balloon payments are not modeled. Understand a Loan Estimate ↗