Mortgage Calculator
Estimate your monthly mortgage payments with taxes, insurance, and interest.
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Estimated Monthly Payment
$3,075
Based on a $360,000 loan at 6.5% interest
Payment Breakdown
infoTotal
$3,075
Principal & Interest
$2,275Property Taxes
$450Home Insurance
$100HOA Fees
$250Total Interest Paid
$459,160
Total Payoff
$819,160
How is your mortgage calculated?
payments
Principal
The original amount of money you borrowed for the house. As you pay it down, you build equity.
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Interest
The cost of borrowing money. This varies based on market conditions and your credit score.
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Escrow
An account held by your lender to pay for property taxes and home insurance on your behalf.