Mortgage Calculator
🇺🇸 US-specific: property tax norms, PMI rules (required below 20% down), and mortgage structure follow the US home-loan system.
Enter a positive home price, a down payment between 0-100%, and a positive rate and term.
PMI is included because your down payment is below 20%. It typically drops off once you reach 20% equity.
Free mortgage calculator that shows your full monthly payment (PITI) — principal, interest, property tax, home insurance, PMI, and HOA — not just the loan payment competitors stop at.
How it works
- Enter home price, down payment, rate, and term
- Add property tax rate, home insurance, HOA, and PMI if under 20% down
- See your full monthly payment broken into every component
Frequently asked questions
Why is my payment higher than a basic loan calculator shows?
Most basic calculators only show principal and interest. Your actual monthly payment (PITI) also includes property tax, home insurance, and — if your down payment is under 20% — PMI. This calculator shows all of them broken out.
When does PMI go away?
PMI (private mortgage insurance) is typically required until you reach 20% equity in your home, either by paying down the loan or the home's value rising. It's not a permanent cost.
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2026-09-01Update history
- 2026-09-03 Bounded numeric fields are now sliders instead of number inputs.
- 2026-09-01 Added: a cover image (a house-shaped pie chart split into payment components) — used as the card thumbnail, social share image, and blog title image.
- 2026-09-01 Launched: full PITI mortgage calculator — principal & interest, property tax, home insurance, PMI (auto-applied below 20% down), and HOA, all broken out separately. Entirely client-side.