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Advanced Mortgage Calculator

Sale price How much do you qualify for? →
Down payment
%
Loan type Loan types explained →
Interest rate
%
Monthly P&I (principal & interest) at today’s rates for your credit tier; taxes & fees excluded. Click a cell to load it.  *Includes mortgage insurance.  **First 10 years only — payment rises in year 11. A custom rate you type (as your spread vs. market) and any buydown apply across the grid.
State
Property type
Credit score
Property tax per month
Homeowner's insurance per month
PMI per month
HOA fees per month

Monthly payment breakdown

Based on your inputs

$2,392
/mo
  • Principal & interest
    $2,046.35
  • Property tax
    + $
  • Homeowner's insurance
    + $
  • PMI
    + $
  • HOA fees
    + $

Closing cost breakdown

One-time costs due at closing, on top of the down payment

Typical national figures — your lender’s Loan Estimate has the real numbers. State and local transfer or mortgage taxes vary widely (from none to 2%+ of the price, and who pays is set by local custom) and are not included. Prepaids fund your escrow account: about 3 months of property tax, a year of insurance, and ~15 days of interest.

Amortization for mortgage

Amortization is paying off debt over time in equal installments. As the term of your mortgage loan progresses, a larger share of your payment goes toward paying down the principal until the loan is paid in full at the end of your term.

Loan amount
$340,000
Total interest paid
$396,685
Total cost of loan
$736,685
Payoff date
Feb 2056
Principal paid
Interest paid
Loan balance
As of March 2026
Principal paid
$336
Interest paid
$1,710
Loan balance
$339,664
Year Principal paid Interest paid Remaining balance