Mortgage Calculator

Estimate your monthly mortgage payments and see a full breakdown of costs including taxes, insurance, and PMI.

Loan Details

$450,000
$50K$2M
20% ($90,000)
0%50%
6.75%
2%12%
1.2%
0.1%4%
$1,200
$300$5,000
$0
$0$1,000

Monthly Payment

Estimated Monthly Payment

$2,885

per month

Payment Breakdown

Principal & Interest
$2,335
Property Taxes
$450
Home Insurance
$100

Loan Summary

Home Price$450,000
Down Payment$90,000
Loan Amount$360,000
Total Interest Paid$480,583
Total Cost of Loan$840,583

Disclaimer: This mortgage calculator provides estimates only. Actual payments may vary based on your credit score, lender fees, closing costs, and other factors. PMI is estimated at 0.5% of the loan amount annually. This is not a loan offer or pre-approval. Contact me for personalized guidance.

Amortization Schedule

See how your payments break down over the life of the loan.

Smart Mortgage Tips

Key strategies to save money on your mortgage.

Shop for the Best Rate

Even a 0.25% difference in interest rate can save you tens of thousands over the life of your loan. Compare offers from multiple lenders before committing.

Consider a Shorter Term

A 15-year mortgage has higher monthly payments but significantly lower total interest. If you can afford it, you\u2019ll build equity faster and save big.

Make Extra Payments

Even one extra payment per year can shave years off your mortgage and save thousands in interest. Apply bonuses or tax refunds toward your principal.

Ready to Get Pre-Approved?

Understanding your mortgage is the first step. Let me connect you with trusted lenders and help you find the perfect home within your budget.

Apply Now
Talk with Us