💰 Mortgage Calculator

Calculate your monthly mortgage payment including principal, interest, taxes, insurance, and PMI.

Loan Details

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Monthly Payment Breakdown

Monthly Payment $1,517
Principal & Interest $1,517
Loan Amount $240,000
Total Interest $306,203
Total Payment $546,203

How to Use the Mortgage Calculator

  1. Enter your home price (the total cost of the house)
  2. Input your down payment amount (typically 10-20% of home price)
  3. Set your interest rate (check current mortgage rates)
  4. Choose your loan term (15, 20, or 30 years)
  5. Click "Calculate Payment" to see your monthly payment breakdown