Mortgage Payment Calculator
Estimate your monthly mortgage payment to help plan your home purchase budget.
Home Price$400,000
Down Payment (20.0%)$80,000
Interest Rate6.500%
Loan Term30 Years
%
1.25% is a planning assumption, not a property-specific quote.
$
$
%
Enter any financed funding, guarantee or upfront insurance fee.
Estimated Monthly Payment
$2,689
Including taxes & insurance · $2,023 principal & interest
Payment Breakdown
- Principal & Interest
- $2,023
- Property Taxes
- $417
- Homeowners Insurance
- $250
- HOA Dues
- $0
- PMI
- $0
Loan Summary
- Base Loan Amount
- $320,000
- Financed Upfront Fee
- $0
- Total Financed
- $320,000
- Loan-to-Value
- 80.0%
- Total Interest (P&I)
- $408,142
Estimates only, not a loan offer or commitment to lend. Rates, taxes and insurance are editable planning assumptions. Program selection is not an eligibility determination. Mortgage insurance and upfront fees vary by program and lender; enter your quoted amounts. Actual payments may differ. VA loans have no monthly mortgage insurance.
Talk to Bill about your numbers