Mortgage payment calculator
The full monthly number, not just principal and interest: taxes, insurance and HOA included, with every assumption stated.
Total monthly payment
$3,835 per month
- Loan amount
- $436,000
- Principal and interest
- $2,802
- Property tax
- $908
- Insurance
- $125
- HOA
- $0
- Total interest over the loan
- $572,667
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 |
|---|---|---|---|
| 5.66% | $2,520 | $3,553 | $471,022 |
| 6.16% | $2,659 | $3,692 | $521,261 |
| 6.66% (current average) | $2,802 | $3,835 | $572,667 |
| 7.16% | $2,948 | $3,981 | $625,179 |
| 7.66% | $3,096 | $4,130 | $678,735 |
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.