Mortgage Calculator

Estimate your monthly mortgage payment and see a breakdown of costs

Loan Details

Home Price$450,000

$50K$2M

Down Payment20% ($90,000)

0%50%

Interest Rate6.50%

1%12%

Loan Term

Property Tax Rate1.20%

Annual Home Insurance$1,800

Estimated Monthly Payment

$2,875.44

Principal

$1,000.00

Interest

$1,275.44

Property Tax

$450.00

Insurance

$150.00

Loan Summary

Loan Amount: $360,000
Down Payment: $90,000
Total Interest: $459,160
Total Cost of Loan: $1,035,160

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This calculator provides estimates for informational purposes only. Actual loan terms, interest rates, and payments may vary. Contact a mortgage lender for accurate quotes and pre-approval.