Mortgage payment calculator
Estimate your full monthly house payment — not just principal and interest, but the property taxes and homeowners insurance that ride along in most escrowed payments.
Estimated monthly payment
$2,569/mo
$80,000 down · principal & interest + taxes + insurance
Principal & interest
$2,086/mo
Property tax
$367/mo
~1.1% of value
Insurance
$117/mo
~0.35% of value
Estimates for education, not a loan offer. Property-tax and insurance rates are national averages — see your state's guide for local property tax.
What's in a mortgage payment?
A typical payment has four parts, often called PITI:
- Principal — the amount that pays down your loan balance.
- Interest — the cost of borrowing, highest in the early years.
- Taxes — property taxes, collected monthly into an escrow account.
- Insurance — homeowners insurance, and PMI if you put under 20% down.
This calculator uses national-average property-tax (~1.1%) and insurance (~0.35%) rates. Property tax varies a lot by state — see your state's first-time buyer guide for local rates, or check how much house you can afford and your cash to close.