Mortgage Calculator
NewCalculate your complete monthly mortgage payment including principal, interest, property taxes, and insurance (PITI). Enter the home price, down payment, interest rate, and loan term to instantly see your monthly payment breakdown. View a full yearly amortization schedule showing how your balance decreases over time. Whether you are buying your first home or refinancing, this calculator helps you understand exactly what you will pay and how much interest you will save with extra payments.
Mortgage Calculator
Calculate monthly mortgage payments including taxes and insurance (PITI).
Total Monthly (PITI)
$2,422.62
Principal & Interest
$2,022.62
Total Interest Paid
$408,142.36
Down Payment
20%
No PMI required
Payment Breakdown
How to Use Mortgage Calculator
- 1Enter the home price
- 2Enter your down payment amount
- 3Enter the annual interest rate
- 4Select the loan term in years
- 5Add estimated property tax and insurance for full PITI
- 6View monthly payment and amortization schedule
Your Privacy is Protected
Mortgage Calculator runs entirely in your browser. Your files and data are never uploaded to any server, never stored, and never shared. Everything happens locally on your device using secure browser APIs.
Frequently Asked Questions
What does PITI mean?
PITI stands for Principal, Interest, Taxes, and Insurance — the four components of a full monthly mortgage payment.
How much down payment do I need?
Conventional loans typically require 3-20%. Putting 20% down avoids PMI (private mortgage insurance). FHA loans allow as low as 3.5%.
What is an amortization schedule?
An amortization schedule shows how each payment is split between principal and interest over the life of the loan.
Why Use This Tool?
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