Mortgage Calculator
Estimate your full monthly housing payment from home price, down payment, rate, and term — including optional property tax, home insurance, PMI, and HOA fees. Results are educational approximations, not a lender quote.
How it works
- 1
Enter home price, down payment, rate, and loan term.
- 2
Add property tax, insurance, PMI, or HOA if you want them in the total.
- 3
Results update automatically — use Reset to try another scenario.
Why use this calculator
- Principal & interest plus PITI-style extras
- See total interest over the loan
- PMI estimated when down payment is under 20%
- No signup required
Estimate mortgage payments before you commit
A mortgage calculator converts loan amount, annual rate, and years into a fixed principal-and-interest payment using standard amortization math. FlyCalculator also breaks out property tax, home insurance, PMI, and HOA so you can see a fuller monthly picture before speaking with a lender.
What this mortgage calculator includes
Enter home price and down payment to derive the loan amount, then add rate and term for monthly P&I. Optional fields cover property tax (% of home price per year), annual home insurance, PMI (applied when down payment is below 20%), and monthly HOA. The total monthly payment sums P&I with those housing costs. Closing costs, escrow timing, and lender-specific fees are not modeled.
Frequently asked questions
Is this an official loan offer?
No. This is an educational estimate. Lenders may use different rounding, fees, escrow rules, and insurance requirements.
Does it include taxes and insurance?
Yes, when you enter values in the property tax, home insurance, PMI, and HOA fields. Those amounts are added to principal and interest in the total monthly payment. Leave a field at zero to exclude that cost.
Can I compare different terms?
Yes. Change the years or rate and the payment updates immediately.