Mortgage Calculator USA

Estimate your monthly payments and see how interest rates impact your total home cost over the life of the loan. Factor in your down payment and US state tax estimates.

20% Down ($90,000) avoids Private Mortgage Insurance (PMI).
Estimated Monthly Payment
$0
Total Cost of Loan $0
Payment Breakdown

Expert Housing Cluster Guides

$300k House Case Study Detailed PITI breakdown for a $300,000 home purchase in the 2026 market.
Housing Affordability Guide Master the 28/36 rule and DTI ratios before you start house hunting.
Mortgage Logic Explained How interest rates, term lengths, and amortization schedules impact your wealth.

Understanding Your Mortgage

A mortgage payment isn't just principal and interest. In most US states, you must also account for property taxes and homeowners insurance (PITI). Additionally, if you put down less than 20%, you will likely be charged Private Mortgage Insurance (PMI).

Pro Tip: The Interest Gap

On a $450,000 home, switching from a 30-year to a 15-year mortgage could save you over $150,000 in total interest while paying off your home in half the time.