Does this include taxes and insurance?
Yes, when you enter them. Leave them blank to see only the loan payment.
Mortgage Calculator
Your monthly house payment.
Monthly payment
$0- Loan and interest
- $0
- Tax, insurance, HOA
- $0
- Loan amount
- $0
- Total interest
- $0
How it’s calculated
- Loan = price − down payment
- Payment = rate × loan ÷ (1 − (1 + rate)^−months)
- Monthly total = payment + tax + insurance + HOA
Example: A $400,000 home with $80,000 down at 6.5% for 30 years is $2,022.62 a month for the loan, and $2,547.62 with $4,800 a year of tax and $1,500 of insurance.
About the Mortgage Calculator
Monthly payment with property tax, insurance and HOA, plus the loan amount and total interest.
How to use this tool
- Enter the home price and down payment.
- Enter the rate and loan length.
- Add tax, insurance and HOA for the full payment.
Frequently asked questions
How much down payment do I need?
Lenders often accept far less than 20%, but under 20% usually adds mortgage insurance, which this does not include.