Estimate your monthly payments and see a detailed breakdown
Use our mortgage calculator to estimate your monthly mortgage payment, including principal, interest, property taxes, and insurance. Adjust the values to see how different loan terms, interest rates, and down payments affect your costs.
Monthly Payment
$2,027
Loan amount: $280,000
Total interest paid: $345,872
Total payments: $625,872
The original amount of money borrowed to purchase your home. This amount decreases as you make payments over the life of the loan.
The cost of borrowing money from your lender. This is typically expressed as an annual percentage rate (APR).
Taxes assessed by local governments based on the value of your property. These often fund local services and infrastructure.
Insurance required by lenders if your down payment is less than 20% of the home's purchase price. Protects the lender if you default.
Insurance that covers damage to your home from fires, storms, theft, and other hazards. Required by most mortgage lenders.
An account managed by your lender to pay property taxes and insurance premiums on your behalf, typically included in your monthly payment.
Speak with one of our mortgage experts to get personalized advice and explore your options.
