Finance
Mortgage Calculator
Build a full monthly housing payment that includes principal, interest, property taxes, insurance, and HOA dues.
See principal & interest plus taxes, insurance, and HOA for a complete monthly snapshot.
Monthly housing cost
PITI = PI + tax_monthly + insurance_monthly + HOA
Principal and interest (PI) use the standard amortized payment formula. Property tax and insurance are annual amounts divided by 12, and HOA fees are added as-is.
How to use
- Enter the home price and your planned down payment percentage.
- Provide the interest rate, loan term, property tax rate, insurance cost, and monthly HOA dues.
- Review the breakdown to see principal & interest alongside each escrowed expense.
Example
Input: Home price = $450,000, Down payment = 10%, Rate = 5.25%, Term = 30 years, Tax rate = 1.2%, Insurance = $1,200/year
Output: Estimated total monthly payment ≈ $2,786.42
FAQ & notes
Does this cover PMI?
Private mortgage insurance is not included automatically. If you owe PMI, add the monthly cost to the HOA field to see the full payment.
What if I know exact tax and insurance bills?
Swap the percentage-based inputs for the annual dollar figures you receive and the calculator will still divide them into monthly amounts.