Mortgage Calculator
Calculate your monthly mortgage payment including taxes, insurance, and PMI.
Total Monthly Payment
$1,770
Loan Amount
$280,000
Total Interest
$357,125
Total Paid (P&I)
$637,125
Payoff Year
2056
Monthly Payment Breakdown
About This Calculator
This calculator estimates your monthly mortgage payment including principal, interest, property taxes, homeowner's insurance, and PMI (if applicable). Property tax rates are based on state averages from public assessment data.
PMI (Private Mortgage Insurance) is typically required when your down payment is less than 20% of the home price. It usually costs 0.5-1% of the loan amount annually and can be removed once you reach 20% equity.
Note: Actual costs may vary by county, specific property, insurance provider, and lender. This tool provides estimates for planning purposes.