CONTACT US ANYTIME

Your monthly mortgage payment is the loan’s principal and interest plus property taxes, homeowners insurance, and any HOA dues or PMI. Enter your home price, down payment, rate, and term below to see the full breakdown — and exactly where every dollar goes.

Mortgage Payment Calculator

Estimate your monthly payment and see exactly where every dollar goes — principal, interest, taxes, insurance, and more. Adjust any number and watch it update.

iThe purchase price of the home. Your loan amount is this minus your down payment.
$
Enter a home price greater than $0.
iCash you pay up front. Less than 20% down typically adds monthly PMI until you reach 20% equity.
$
Down payment can’t exceed the home price.
20% down · $400,000 loan
iThe note rate on your loan. This is an estimate — your actual rate depends on credit, loan type, and market conditions.
6.50%
2.5%10%
iHow many years you’ll repay the loan. Shorter terms mean higher monthly payments but far less total interest.
iAnnual property tax, often collected monthly through escrow. A common estimate is 0.5%–2% of home value per year.
$ /yr
iAnnual homeowner’s insurance premium, usually collected monthly through escrow.
$ /yr
iMonthly homeowners association dues, if your property has them. Enter 0 if none.
$ /mo
iPrivate mortgage insurance, charged as an annual % of the loan when you put less than 20% down. Typically 0.3%–1.5%. Drops off once you reach 20% equity.
%/yr
Applies when down payment is under 20%.

Estimated total monthly payment

$0
Principal & interest: $0
Principal & interest $0
Property tax $0
Home insurance $0
HOA fees $0
PMI $0
Loan amount $0
Eureka Mortgage Planning LLC – NMLS #2456819. Equal Housing Lender. This is not a commitment to lend. All loans are subject to underwriting and approval. Terms, rates, and programs are subject to change without notice. Not all loan products are available in all states.
Figures shown are estimates for general information only and do not constitute a Loan Estimate, APR, or an offer or guarantee of any rate or term. PMI, tax, and insurance amounts are approximations. Contact us for a personalized quote.
★5.0 stars across 100 public Google reviews · read them

Like what the numbers say?

A licensed broker can confirm them against real programs — no consultation fees, ever.

Your results are available as a free PDF

To save a clean, complete copy of your calculator results, head back to the page and tap “Download my results” — we’ll unlock a print-ready version with all of your numbers, free.

eurekamortgage.net · 503-420-5434 · info@eurekamortgage.net · No consultation fees, ever

Eureka Mortgage Planning LLC – NMLS #2456819. Equal Housing Lender. Licensed by the Oregon Division of Financial Regulation, Idaho Department of Finance, California Department of Financial Protection and Innovation (CFL), Washington State Department of Financial Institutions, Arizona Department of Insurance and Financial Institutions, Texas Department of Savings and Mortgage Lending, New Mexico Financial Institutions Division, Nevada Division of Mortgage Lending, Florida Office of Financial Regulation, and Tennessee Department of Financial Institutions. This is not a commitment to lend. All loans are subject to underwriting and approval. Terms, rates, and programs are subject to change without notice. Not all loan products are available in all states. For licensing information, go to http://www.nmlsconsumeraccess.org.

By submitting, you agree Eureka Mortgage Planning may contact you about your results by phone, text, or email. Consent is not a condition of any purchase or loan approval. Privacy Policy.

Mortgage Payment Calculator Questions

What does a monthly mortgage payment include?

Most payments have four parts, often called PITI: principal (the amount that pays down your balance), interest (the lender's charge for the loan), property taxes, and homeowners insurance. Many loans also carry mortgage insurance, and some homes add HOA dues. This calculator shows each piece separately so you can see where every dollar goes.

Why is my estimate different from a lender's quote?

The calculator uses the tax, insurance, and interest figures you enter. A real quote uses your credit profile, the specific property, and the pricing available on the day you lock. Treat the estimate as a starting range, then have a broker confirm it against actual lender pricing.

Does a bigger down payment always lower the payment?

A larger down payment reduces the amount you borrow, which lowers principal and interest, and once you pass the lender's equity threshold it can remove mortgage insurance entirely. Whether it is the best use of your cash depends on your reserves and goals, which is a conversation worth having with a broker before you commit.

Is the estimate a loan offer or pre-approval?

No. The calculator is an educational tool and does not pull credit, verify income, or commit any lender to terms. A pre-approval requires a licensed broker to review your documentation. Eureka Mortgage Planning offers that review with no consultation fee.