True monthly housing estimate
See principal, interest, property tax, insurance, PMI, HOA, and extra principal rather than an incomplete loan-only payment.
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Finance · Mortgage & ownership planning
Mortgage Calculator
Understand the complete monthly cost, lifetime interest, changing ownership share, and every year of the mortgage, not just one payment number.
Calculations stay in your browser
Estimated monthly housing payment
$2,875
30-year loan · 6.500% APR
Loan amount
$360,000
Cash to close
$102,000
Total interest
$459,160
Estimated payoff
–
Loan principal versus lifetime interest43.9% principal
Principal $360,000Interest $459,160
Monthly breakdown
Where the first payment goes
$2,875 total
Principal & interest$2,275.44
Property tax$450.00
Insurance$150.00
Ownership trajectory
Equity rises as mortgage debt falls
35.4% ownership64.6% debt-to-valueYear 5
Equity $184,674 · Home value $521,673 · Balance $337,000
Ownership shareMortgage debt as % of estimated value
Yearly payment mix
Interest gives way to principal
Year 1 · $4,024 principal · $23,282 interest
Interest is 85.3% of principal-and-interest payments in year 1
PrincipalInterest
Ownership milestones
Equity at meaningful points in the loan
Year 1
23.2%
$107,524 equity
Year 5
35.4%
$184,674 equity
Year 10
49.5%
$299,568 equity
Year 20
75.3%
$612,355 equity
Year 30
100.0%
$1,092,268 equity
Amortization schedule
Year-by-year and payment-by-payment
| Year | Principal | Interest | PMI | Total outflow | Ending balance | Est. home value | Ownership |
|---|---|---|---|---|---|---|---|
| 1 | $4,024 | $23,282 | $0 | $34,505 | $355,976 | $463,500 | 23.2% |
| 2 | $4,293 | $23,012 | $0 | $34,505 | $351,683 | $477,405 | 26.3% |
| 3 | $4,581 | $22,725 | $0 | $34,505 | $347,102 | $491,727 | 29.4% |
| 4 | $4,888 | $22,418 | $0 | $34,505 | $342,214 | $506,479 | 32.4% |
| 5 | $5,215 | $22,090 | $0 | $34,505 | $337,000 | $521,673 | 35.4% |
| 6 | $5,564 | $21,741 | $0 | $34,505 | $331,435 | $537,324 | 38.3% |
| 7 | $5,937 | $21,368 | $0 | $34,505 | $325,498 | $553,443 | 41.2% |
| 8 | $6,334 | $20,971 | $0 | $34,505 | $319,164 | $570,047 | 44.0% |
| 9 | $6,759 | $20,547 | $0 | $34,505 | $312,405 | $587,148 | 46.8% |
| 10 | $7,211 | $20,094 | $0 | $34,505 | $305,194 | $604,762 | 49.5% |
| 11 | $7,694 | $19,611 | $0 | $34,505 | $297,500 | $622,905 | 52.2% |
| 12 | $8,210 | $19,096 | $0 | $34,505 | $289,290 | $641,592 | 54.9% |
| 13 | $8,759 | $18,546 | $0 | $34,505 | $280,531 | $660,840 | 57.5% |
| 14 | $9,346 | $17,959 | $0 | $34,505 | $271,185 | $680,665 | 60.2% |
| 15 | $9,972 | $17,333 | $0 | $34,505 | $261,213 | $701,085 | 62.7% |
| 16 | $10,640 | $16,666 | $0 | $34,505 | $250,573 | $722,118 | 65.3% |
| 17 | $11,352 | $15,953 | $0 | $34,505 | $239,221 | $743,781 | 67.8% |
| 18 | $12,113 | $15,193 | $0 | $34,505 | $227,108 | $766,095 | 70.4% |
| 19 | $12,924 | $14,382 | $0 | $34,505 | $214,184 | $789,078 | 72.9% |
| 20 | $13,789 | $13,516 | $0 | $34,505 | $200,395 | $812,750 | 75.3% |
| 21 | $14,713 | $12,592 | $0 | $34,505 | $185,682 | $837,133 | 77.8% |
| 22 | $15,698 | $11,607 | $0 | $34,505 | $169,984 | $862,247 | 80.3% |
| 23 | $16,750 | $10,556 | $0 | $34,505 | $153,234 | $888,114 | 82.7% |
| 24 | $17,871 | $9,434 | $0 | $34,505 | $135,363 | $914,757 | 85.2% |
| 25 | $19,068 | $8,237 | $0 | $34,505 | $116,295 | $942,200 | 87.7% |
| 26 | $20,345 | $6,960 | $0 | $34,505 | $95,950 | $970,466 | 90.1% |
| 27 | $21,708 | $5,598 | $0 | $34,505 | $74,242 | $999,580 | 92.6% |
| 28 | $23,162 | $4,144 | $0 | $34,505 | $51,081 | $1,029,567 | 95.0% |
| 29 | $24,713 | $2,593 | $0 | $34,505 | $26,368 | $1,060,454 | 97.5% |
| 30 | $26,368 | $938 | $0 | $34,505 | $0 | $1,092,268 | 100.0% |
Total loan payments
$819,160
Estimated PMI
$0 · 0 mo
Property tax over loan
$162,000
Insurance + HOA
$54,000
Estimated all-in outflow
$1,137,160
This mortgage calculator provides planning estimates, not financial advice or a lending offer. Actual lender calculations, escrow changes, PMI cancellation rules, taxes, insurance, HOA dues, closing costs, appreciation, and payment timing can differ. Home appreciation is an assumption, not a guarantee.
How it works
From purchase price to a complete ownership timeline.
Model the loan, ongoing housing costs, future equity assumptions, and the impact of paying extra in one connected report.
- 01
Enter the home and loan
Add the purchase price, down payment, mortgage rate, term, closing costs, and first payment date.
- 02
Add the complete monthly costs
Include property tax, home insurance, HOA dues, PMI rules, extra principal, and an optional appreciation assumption.
- 03
Analyze and print
Review payment, interest, ownership and amortization charts, inspect yearly or monthly schedules, and print a detailed planning report.
Beyond a payment estimate
The numbers, charts, and schedules behind the mortgage.
Ownership and interest charts
Follow estimated ownership percentage as debt falls and home value changes, while yearly bars show interest giving way to principal.
Printable mortgage report
Print assumptions, monthly costs, charts, ownership milestones, annual amortization, lifetime totals, and the calculation disclaimer.
Mortgage calculator questions
Payments, PMI, equity, interest, and printing.
How is the monthly mortgage payment calculated?+
Principal and interest use the standard fixed-rate amortization formula. The displayed housing payment then adds estimated property tax, home insurance, PMI, HOA dues, and optional extra principal.
Does this mortgage calculator include taxes and insurance?+
Yes. Enter annual property tax and home insurance amounts. They are divided into monthly estimates and shown separately in the payment breakdown.
How does the calculator handle PMI?+
PMI is estimated as an annual percentage of the outstanding balance and is removed once the starting balance for a payment reaches the selected loan-to-value cancellation threshold. Actual lender and legal rules vary.
What does ownership percentage mean?+
It is estimated equity divided by estimated home value. Equity equals the assumed home value minus the remaining mortgage balance. Appreciation is only an adjustable planning assumption.
Can I see how interest changes each year?+
Yes. The yearly principal-and-interest chart and annual amortization table show how interest normally falls while principal repayment rises over the term.
How do extra mortgage payments affect the loan?+
Extra monthly principal reduces the balance sooner. The calculator compares the accelerated schedule with the original schedule and shows estimated months and interest saved.
Can I print the mortgage calculation?+
Yes. Select Print detailed report to open the browser print dialog. You can print on paper or choose Save as PDF.
Is this a mortgage quote?+
No. It is a planning estimate, not financial advice, an appraisal, or a lending offer. Actual lender, tax, insurance, PMI, escrow, and closing calculations can differ.
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