Mortgage Calculator
See your real monthly payment — principal, interest, taxes, and insurance — plus the total interest over the life of the loan.
✏️ These numbers were filled in from a shared link — change anything to make it your own.
How it works
The principal & interest payment comes from your loan amount, rate, and term via standard amortization. We add property tax, insurance, and HOA to show the full PITI — what you actually pay each month.
P&I = L · r(1+r)ⁿ / ((1+r)ⁿ − 1) where r = monthly rate, n = months.
Estimate only; your lender's figures and escrow may differ. Not financial advice.
Frequently asked questions
How is a mortgage payment calculated?
The principal and interest (P&I) portion comes from the loan amount, interest rate, and term using standard amortization. Your full monthly housing cost (PITI) adds property taxes, homeowners insurance, and any HOA dues on top.
What is PITI?
Principal, Interest, Taxes, and Insurance — the four parts of a typical monthly housing payment. Lenders look at PITI, not just principal and interest, when deciding what you can afford.
How much interest will I pay over the loan?
On a 30-year loan you often pay nearly as much in interest as the home price itself. This calculator shows your total interest so you can see the true cost of the loan and how much extra payments would save.