Mortgage Calculator USA | Monthly Payment and Amortization

Mortgage Calculator

Estimate your monthly mortgage payment, interest, taxes, insurance and total home-buying cost.

Free • No signup • No API • Built for U.S. home buyers

Monthly Mortgage Payment Calculator

Home Price

Down Payment ($)

Down Payment (%)

Interest Rate (%)

Enter the annual interest rate.

Loan Term (years)

Choose a term or enter your own.

Property Tax (annual)

Property tax varies by location. Enter your local estimate for better accuracy.

Homeowners Insurance ($/year)

PMI (annual)

PMI may apply depending on the loan and down payment.

HOA Fee ($/month, optional)

Estimated Monthly Payment

$0.00

Select a category to see its value.

✔ Free to use

✔ No signup required

✔ No API required

✔ Works instantly in your browser

Your calculator inputs are processed in your browser and are not sent to a server by this tool. All figures are estimates.

Mortgage Amortization Schedule

Loan payoff schedule

Pay Off Your Mortgage Faster

Extra Monthly Payment ($)

Without extra payment

With extra payment

All values are estimates and assume extra money goes entirely to principal.

How Much House Can I Afford?

Annual Income ($)

Monthly Debt ($)

Down Payment ($)

Interest Rate (%)

Loan Term (years)

Property Tax (% of price/year)

Insurance ($/year)

Estimated Affordable Home Price

$0

Assumption: housing costs ≤ 28% of gross monthly income and total debt payments ≤ 36%. Lenders use different qualification rules, credit profiles, debts, income verification and loan programs. This estimate is for planning purposes only.

U.S. Property Tax Guide

Select a state

Property taxes vary by county, city and property. For an accurate estimate, enter your local property-tax amount.

Mortgage Calculator FAQ

How to Use a Mortgage Calculator

1. Enter the home price and your down payment, in dollars or as a percentage.
2. Type your interest rate and loan term, or tap a term shortcut.
3. Add property tax, homeowners insurance, PMI and any HOA fee.
4. Review the monthly total, the chart, and the amortization schedule.
5. Try an extra monthly payment to see how much interest you could save.

Realistic Example

Home price $400,000 with $80,000 down leaves a $320,000 loan. At 6.50% over 30 years, principal and interest come to about $2,023 per month. Adding an example $4,800 yearly property tax ($400) and $1,800 yearly insurance ($150) brings the total to roughly $2,573 per month, before PMI or HOA. This is an illustrative example. Actual mortgage rates, taxes, insurance, PMI and fees vary.

Disclaimer: This calculator provides estimates for educational and planning purposes only. Actual mortgage payments, interest rates, taxes, insurance, PMI, HOA fees, closing costs and loan terms may vary. This tool is not financial, legal, tax or lending advice.