Change the numbers.
See the whole payment.
These are sample numbers to help you explore. Replace them with your own estimates; they are not today’s rates or a loan offer.
Taxes, insurance & other costs
Use estimates for the home you are considering. HOA means homeowners association. Ask about any extra property charges and enter mortgage insurance if your loan requires it.
These numbers stay in your browser. We do not receive them.
…/ month
Your loan payment, plus the taxes, insurance and other costs you enter.
- Principal & interest
- …
- Property taxes
- …
- Homeowners insurance
- …
- HOA dues
- …
- Mortgage insurance
- …
What do these costs mean?
Principal is the money you borrowed. Interest is the cost of borrowing it. HOA dues are homeowners association charges. Mortgage insurance protects the lender if you stop paying; it is different from insurance that covers damage to your home.
Mortgage insurance is set to $0. With less than 20% down, some loans require it. Enter an estimate above to include it.
Loan amount…
Down payment…
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A thoughtful starting point.
This example assumes the rate stays the same and regular payments pay off the loan by the end of the chosen term. It does not check whether you qualify or can afford the payment. The sample rate does not include fees the way APR does. We do not check your credit.
Your down payment is not all the money you need upfront. This tool leaves out closing fees and money collected in advance for taxes and insurance. It also leaves out fees added to the loan. Monthly totals exclude utilities, maintenance and other costs you have not entered. Taxes, insurance and other charges can change.
How this estimate works
For a loan balance L, monthly interest rate r and n monthly payments, principal and interest = L × r ÷ [1 − (1 + r)−n]. At a 0% rate, the payment is L ÷ n. Annual property taxes and homeowners insurance are divided by 12, then entered HOA dues and mortgage insurance are added. Amounts are rounded for display; calculations use full precision.
Saving an example lets you compare the monthly amounts you entered. It does not compare fees, total interest or how much you will still owe. Changing the loan term can lower a payment while increasing total interest.