Mortgage Payment Calculator
Your monthly mortgage payment is the loan's principal and interest plus a share of your yearly property tax, homeowners insurance, and PMI if you put down under 20%. Enter a price and down payment below to see the full number, itemized, in real time.
Your numbers
Loan balance over time
Nothing is saved or sent. The share link holds your numbers, in your browser only.
Amortization schedule
Every payment, split into principal and interest. Export it or print a copy.
| Year | Principal | Interest | Balance |
|---|---|---|---|
| 2026 | $1,706 | $10,632 | $318,294 |
| 2027 | $3,587 | $21,090 | $314,707 |
| 2028 | $3,833 | $20,844 | $310,874 |
| 2029 | $4,096 | $20,581 | $306,778 |
| 2030 | $4,377 | $20,299 | $302,401 |
| 2031 | $4,678 | $19,999 | $297,723 |
| 2032 | $4,999 | $19,678 | $292,723 |
| 2033 | $5,343 | $19,334 | $287,381 |
| 2034 | $5,710 | $18,967 | $281,671 |
| 2035 | $6,102 | $18,575 | $275,570 |
| 2036 | $6,521 | $18,156 | $269,049 |
| 2037 | $6,968 | $17,709 | $262,081 |
| 2038 | $7,447 | $17,230 | $254,634 |
| 2039 | $7,958 | $16,719 | $246,676 |
| 2040 | $8,505 | $16,172 | $238,171 |
| 2041 | $9,089 | $15,588 | $229,082 |
| 2042 | $9,713 | $14,964 | $219,369 |
| 2043 | $10,380 | $14,297 | $208,989 |
| 2044 | $11,093 | $13,584 | $197,896 |
| 2045 | $11,854 | $12,822 | $186,042 |
| 2046 | $12,669 | $12,008 | $173,373 |
| 2047 | $13,539 | $11,138 | $159,835 |
| 2048 | $14,468 | $10,209 | $145,367 |
| 2049 | $15,462 | $9,215 | $129,905 |
| 2050 | $16,524 | $8,153 | $113,381 |
| 2051 | $17,658 | $7,019 | $95,723 |
| 2052 | $18,871 | $5,806 | $76,852 |
| 2053 | $20,167 | $4,510 | $56,685 |
| 2054 | $21,552 | $3,125 | $35,134 |
| 2055 | $23,032 | $1,645 | $12,102 |
| 2056 | $12,102 | $236 | $0 |
What goes into a monthly mortgage payment
A quoted rate only sets your principal and interest. The payment your lender collects usually bundles four things, shortened to PITI:
- Principal pays down what you borrowed.
- Interest is the lender's charge on the balance that is left.
- Taxes are your property tax, collected monthly into escrow.
- Insurance is your homeowners policy, also escrowed.
If your down payment is under 20%, add PMI. If you buy in a managed community, add HOA dues. The calculator shows each slice so you can see where the money goes.
A $400,000 home, step by step
Buy at $400,000, put 20% down, and take a 30-year loan at this week's average rate, and you borrow $320,000. Principal and interest come to a fixed monthly figure, and on top of that you pay roughly 1.1% of the price in property tax and about $1,800 a year for insurance. With 20% down there is no PMI. The amortization table shows how the principal share of each payment grows every month while the interest share shrinks.