Skip to main content
$
$50,000 $2 Million
$
%
0% 80%
Loan Term
%
0% 20%
Credit Score
Advanced (optional)
$
%
0% 5%
$
%
0% 15%
$ /month
Principal & Interest (P&I)
$
PMI
$
Taxes & HOA
$
Homeowners Insurance
$
Loan Totals:
Purchase Price $
Down Payment $
Total Loan Amount $
PMI The PMI (Private Mortgage Insurance) is a mortgage lenders' protection in the event of a default. PMI is paid monthly as part of your mortgage payment to the lender. Once a borrower has paid the equivalent of the 20% down payment, PMI can be removed from the monthly mortgage payment.
Estimated Payment $ /mo

Loan amount
$
Down payment
$
Interest rate
Loan term
Taxes & insurance included?
Property tax
Homeowner's insurance
$
Mortgage insurance
$
HOA dues
$
Payment Breakdown

Amortization Schedule Breakdown

Our detailed amortization schedule breaks down your mortgage payments, showing how they are split between interest and principal over the life of your loan. Note: The actual monthly payment may be higher than what is shown here, as this schedule does not account for variable costs such as property taxes and home insurance, which are often included in your total mortgage payment.
  • Principal payments: $$240,000 (the amount borrowed)
  • Interest payments: $$297,554 (the cost of borrowing)

Check out our other mortgage calculators

Affordability Mortgage Calculator

Click here to use this calculator!

Rent vs Buy Mortgage Calculator

Click here to use this calculator!

Early Payoff Mortgage Calculator

Click here to use this calculator!

Refinance Mortgage Calculator

Click here to use this calculator!

Repayment Mortgage Calculator

Click here to use this calculator!

VA Mortgage Calculator

Click here to use this calculator!

USDA Mortgage Calculator

Click here to use this calculator!

Jumbo Mortgage Calculator

Click here to use this calculator!

Conventional Mortgage Calculator

Click here to use this calculator!

FHA Mortgage Calculator

Click here to use this calculator!

Download our Homebuyer’s Guide!

X