Toolnest

Mortgage Calculator

Estimate your monthly mortgage payment including principal, interest, property tax and insurance, plus total cost over the term.

Currency

Monthly payment

$2,119.79

$1,769.79 principal & interest

Loan amount$280,000.00
Tax + insurance / mo$350.00
Total interest$357,124.57
Total of payments$637,124.57

Frequently asked questions

It includes principal and interest, plus an estimate of property tax and home insurance divided into monthly amounts. It does not include HOA fees or PMI.

A 20% down payment typically avoids private mortgage insurance (PMI), but requirements vary by lender and loan type.

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