Mortgage payment calculator
The full monthly number, not just principal and interest: taxes, insurance and HOA included, with every assumption stated.
Total monthly payment
$4,881 per month
- Loan amount
- $528,000
- Principal and interest
- $3,656
- Property tax
- $1,100
- Insurance
- $125
- HOA
- $0
- Total interest over the loan
- $788,076
Assumptions in the worked example
- 20% down payment
- 30-year fixed loan
- Property tax at 2% of price per year (enter the real bill for the town you are looking at)
- Homeowner's insurance at $1,500 per year
- No HOA
Monthly payment by rate
| Rate | P&I | Total monthly | Interest over 30 years |
|---|---|---|---|
| 6.40% | $3,303 | $4,528 | $660,962 |
| 6.90% | $3,477 | $4,702 | $723,867 |
| 7.40% (current average) | $3,656 | $4,881 | $788,076 |
| 7.90% | $3,838 | $5,063 | $853,512 |
| 8.40% | $4,023 | $5,248 | $920,101 |
Estimates for planning. Your lender's Loan Estimate and the closing statement are the real numbers.
Want the numbers for a specific home?
Real taxes, real HOA, the actual rate you were quoted, run against the address you are looking at.