Free Mortgage Calculator With Taxes and Insurance
Use this free mortgage calculator to estimate monthly house payments with principal, interest, property taxes, homeowners insurance, PMI, and HOA fees.
Mortgage Calculator
This estimate is for planning only. Actual mortgage payments depend on lender terms, rates, taxes, insurance, PMI, HOA fees, escrow rules, and loan approval.
Estimate a Monthly Mortgage Payment
A mortgage calculator helps you estimate the monthly cost of a fixed-rate home loan. Start with the home price, down payment, interest rate, and loan term, then add property tax, homeowners insurance, PMI, and HOA fees for a fuller planning estimate.
The principal and interest estimate uses the standard amortization formula for fixed-rate mortgages. Your real payment can change based on lender terms, escrow setup, local taxes, insurance premiums, and whether private mortgage insurance applies.
Mortgage Calculator FAQs
Does this mortgage calculator include taxes and insurance?
Yes. You can include estimated property taxes, homeowners insurance, PMI, and HOA fees along with principal and interest to estimate a fuller monthly mortgage payment.
How do I estimate PMI in the mortgage calculator?
PMI usually applies when the down payment is below 20 percent. Enter a monthly PMI estimate from your lender or use a rough planning estimate until you have an official loan quote.
Is this monthly mortgage payment a final lender quote?
No. This calculator is for planning. Your final payment can change based on lender terms, escrow rules, local taxes, insurance premiums, and closing details.
What is included in a monthly mortgage payment?
A full monthly housing estimate can include principal, interest, property taxes, homeowners insurance, PMI, HOA fees, utilities, maintenance, and other local costs.
How does the mortgage calculator estimate principal and interest?
For fixed-rate loans, the calculator uses the loan amount, interest rate, and term length to estimate a monthly principal-and-interest payment using a standard amortization formula.