Free Calculator
Estimate your full monthly mortgage payment — principal, interest, property taxes, homeowners insurance, PMI, and HOA dues — then see what it takes to qualify.
Want an exact payment and a pre-approval you can shop with? Talk to a licensed loan officer today.
Estimates only. Your actual payment depends on your final rate, loan program, property taxes, insurance premiums, and mortgage insurance. This is not a loan commitment or approval.
A full monthly payment (PITI) includes principal, interest, property taxes, and homeowners insurance — plus mortgage insurance and HOA dues when they apply. Our calculator adds all of these so you see the real number, not just principal and interest.
Most lenders want your total monthly debts, including the new mortgage, at or under about 43–50% of your gross monthly income. Run a few payment scenarios here, then let us pre-approve you for an exact number.
A larger down payment lowers your loan amount and your interest cost, and at 20% down on a conventional loan it removes mortgage insurance entirely — often a few hundred dollars a month.
A 30-year term gives the lowest monthly payment; a 15-year term costs more per month but saves a large amount of total interest. Compare both above using the term selector.