U.S. Mortgage Payment Calculator
See the principal and interest payment and the broader monthly cost of owning the home. Every local cost stays editable, so the calculator does not hide national averages in the result.
Official sources reviewed September 20, 2026
Estimate your monthly home payment
Your figures stay in this browser and are not saved or uploaded.
- Regional coverage
- 50 states and Washington, D.C.
- Loan modeled
- Fixed-rate, fully amortizing
- Currency
- U.S. dollar (USD)
See all included areas
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming, and Washington, D.C.
Important notice
For general information and educational use only. This calculator is not financial, legal, tax, insurance or mortgage advice, a loan estimate, a pre-approval, an offer of credit or a guarantee of eligibility. Results depend entirely on the figures entered and may differ because of lender, investor, insurer, loan-program, property, escrow and local-government rules. Do not make a purchase offer or financial commitment based only on this estimate. Compare it with the official Loan Estimate your lender provides after you apply.
What the monthly estimate includes
Principal and interest
The fixed-rate loan amount is amortized into equal monthly principal-and-interest payments over the selected term.
Taxes and insurance
Annual property tax and homeowners insurance are divided by 12. They may be paid through escrow or directly, and can change over time.
PMI, HOA and ownership budget
Mortgage insurance and HOA dues use only the amounts you enter. Maintenance and utilities remain a separate optional budget item.
Important limits
The principal-and-interest formula is available across the 50 states and Washington, D.C. Property taxes, insurance, HOA dues, assistance programs and closing costs can vary by state, county, city, property and borrower, so this calculator uses only the local amounts you enter and applies no national average. This version models a standard fixed-rate, fully amortizing mortgage with monthly payments. It does not calculate adjustable-rate changes, APR, discount points, lender fees, closing costs, prepaid interest, future tax changes, insurance eligibility, flood insurance, FHA or USDA mortgage-insurance schedules, VA funding fees, tax deductions, extra payments or PMI cancellation dates. It also does not decide what payment you can afford or what a lender will approve.
Official references
- Consumer Financial Protection Bureau: deciding how much to spend
- Consumer Financial Protection Bureau: principal, interest, taxes and insurance (PITI)
- Consumer Financial Protection Bureau: principal and interest versus the total monthly payment
- Consumer Financial Protection Bureau: how HOA dues are usually paid
- Consumer Financial Protection Bureau: debt-to-income ratio definition
- Consumer Financial Protection Bureau: how mortgage insurance works
- Consumer Financial Protection Bureau: when PMI may be removed
JustFileKit is not affiliated with the U.S. government or the Consumer Financial Protection Bureau.
Frequently asked questions
Why can the lender payment differ from this total?
Property taxes and insurance may be collected through escrow or paid directly, while HOA dues are usually paid separately. The calculator shows one monthly housing-cost view, not the exact amount every servicer will collect.
Does a down payment below 20% always have the same PMI cost?
No. Mortgage-insurance rules and pricing depend on the loan type, down payment, credit and insurer. This calculator never invents a PMI rate; enter a monthly quote from your lender or insurer.
Will taxes, insurance and HOA dues stay fixed?
Not necessarily. Property taxes, insurance premiums and HOA dues can change. Only the scheduled principal-and-interest payment remains level on a standard fixed-rate loan if payments are made as agreed.
Do the optional income ratios show whether I qualify?
No. They are only a budget reference. Lenders and loan programs define qualifying income, debts and limits differently and apply additional underwriting requirements.