Estimate the monthly payment on a home loan including taxes and insurance.
Estimate the monthly payment on a home loan including taxes and insurance.
Enter values above and click Calculate — results will appear here with the formula explained.
A mortgage payment usually has four parts — principal, interest, taxes and insurance (PITI). Only the first two go to the lender; the formula for them is identical to any amortizing loan, applied to the amount you actually borrow (price minus down payment).
Your down payment changes the picture twice: it shrinks the loan itself and, once it reaches 20% of the price, typically removes private mortgage insurance (PMI) as well. Property tax and insurance are location-driven costs that can add hundreds per month, so they're worth estimating rather than ignoring.
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How much house can I afford? A common guideline keeps total housing costs near 28% of gross monthly income, but affordability also depends on debts, savings and local costs — trea...
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A mortgage payment usually has four parts — principal, interest, taxes and insurance (PITI). Only the first two go to the lender; the formula for them is identical to any amortizing loan, applied to the amount you actually borrow (price minus down payment).
Your down payment changes the picture twice: it shrinks the loan itself and, once it reaches 20% of the price, typically removes private mortgage insurance (PMI) as well. Property tax and insurance are location-driven costs that can add hundreds per month, so they're worth estimating rather than ignoring.
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A $350,000 home with $70,000 down leaves a $280,000 loan. At 6.5% over 30 years, principal and interest are about $1,769.82/month. Adding $4,200 tax and $1,500 insurance brings the estimate to roughly $2,236/month.
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| Feature | Dream Mining | Bankrate | NerdWallet | Zillow |
|---|---|---|---|---|
| Free, no signup | ||||
| PITI breakdown (Principal, Interest, Tax, Insurance) | ||||
| Amortization schedule with yearly summary | ||||
| Interactive chart: principal vs interest vs balance | ||||
| PMI indicator based on LTV | ||||
| 15 vs 30 year comparison | ||||
| Formula & worked example | ||||
| No ads / clean experience | ||||
| Offline-capable | ||||
| FAQ + Speakable schema |
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