Mortgage Calculator

Calculate your monthly mortgage payment and see the full breakdown

$400,000
$50K$2M
$80,000 (20%)
0%50%
6.5%
1%15%
30 years

Your Monthly Payment

$2,372.62

Total of $854,142.36 over 30 years

Equity Growth Over Time

Monthly Breakdown

Principal & Interest
$2,022.62
Property Tax
$250
Insurance
$100

Loan Summary

Home Price$400,000
Down Payment-$80,000
Loan Amount$320,000
Total Interest$408,142.36
Total Cost$728,142.36

💡 Smart Tips

  • • Put 20% down to avoid PMI
  • • A 15-year loan has higher payments but saves thousands in interest
  • • Shop around - even 0.25% difference adds up