Mortgage payment calculator
Most mortgage calculators only show principal and interest. This one estimates your full monthly payment, including property taxes, insurance, and PMI if your down payment is under 20%.
Estimated monthly payment
Excludes HOA dues, mello-roos, and closing costs. Tax and insurance are estimates — check actual local figures.
Why the "real" payment matters
Lenders qualify you on the full housing payment — often called PITI (principal, interest, taxes, insurance) — not just the loan itself. Taxes and insurance can easily add 25–40% on top of principal and interest, which is why payments often surprise first-time buyers.
About PMI
Private mortgage insurance typically applies to conventional loans with less than 20% down. It protects the lender, not you, and usually costs roughly 0.3–1.5% of the loan amount per year depending on your credit and down payment. You can generally request removal once you reach 20% equity. Full PMI guide here.