What is included in a monthly mortgage payment?

Principal and interest on the loan, plus property taxes and home insurance that are often paid through the lender. Some homes also have HOA or common charges, and some loans have mortgage insurance.

Where do I get an interest rate to enter?

Ask a lender for a quote based on your credit and down payment. We do not show lender rates on this page.

How do I estimate property taxes?

Look up the current tax bill for the home or similar homes on the town or county website, or ask the listing agent.

Calculators

Mortgage payment calculator

See the full monthly cost of a home, not just the loan payment. Enter your own numbers.

Your numbers

The numbers filled in are examples only. Replace them with your own.

Home price

Down payment

Interest rate (percent per year)

Loan term (years)

Property taxes (per year)

Home insurance (per year)

HOA or common charges (per month)

Mortgage insurance (per month)

Results

Estimated monthly cost: $3,357
Principal and interest: $2,398
Property taxes: $833
Home insurance: $125
HOA or common charges: $0
Mortgage insurance: $0
Loan amount: $400,000
Total interest over the loan: $463,353

Estimate only, not a loan offer or advice. Real costs depend on your lender, credit, taxes and insurance quotes.

Questions people ask

What is included in a monthly mortgage payment?: Principal and interest on the loan, plus property taxes and home insurance that are often paid through the lender. Some homes also have HOA or common charges, and some loans have mortgage insurance.
Where do I get an interest rate to enter?: Ask a lender for a quote based on your credit and down payment. We do not show lender rates on this page.
How do I estimate property taxes?: Look up the current tax bill for the home or similar homes on the town or county website, or ask the listing agent.