Skip to content

Calculators

Mortgage Payment Calculator

Estimate the loan payment and complete monthly housing cost from your assumptions.

Loan and housing costs

Estimated payment

Purchase price
$300,000.00
Down payment amount
$60,000.00
Loan amount
$240,000.00
Monthly principal and interest
$1,438.92
Monthly taxes
$300.00
Monthly insurance
$100.00
Monthly HOA
$0.00
Monthly mortgage insurance
$0.00
Other monthly costs
$0.00
Total estimated monthly housing payment
$1,838.92
Annual principal-and-interest debt service
$17,267.06
Total interest over the loan term
$278,011.65
Remaining loan balance after 1 year
$237,052.77
Remaining loan balance after 5 years
$223,330.46

Total housing payment includes principal, interest, taxes, insurance, HOA, mortgage insurance, and other entered housing costs.

Results are educational estimates and are not a lending decision or loan quote.