What does PITI stand for?

PITI stands for Principal, Interest, Taxes, and Insurance — the four components that make up a full monthly mortgage payment. Lenders use your PITI payment to calculate your debt-to-income ratio when qualifying you for a loan.

How much house can I afford?

A common guideline is that your PITI payment should not exceed 28% of your gross monthly income. Your total debt payments (including car, student loans, credit cards) should not exceed 36–43% of gross income, depending on the lender.

How does my down payment affect my mortgage?

A larger down payment reduces your loan amount, lowers your monthly payment, reduces total interest paid, and can help you avoid PMI (Private Mortgage Insurance). Putting down 20% or more eliminates PMI on conventional loans, saving 0.5–1.5% of the loan annually.

What is PMI and do I need it?

Private Mortgage Insurance (PMI) is required on conventional loans when your down payment is less than 20%. It protects the lender if you default. PMI typically costs 0.5–1.5% of the loan amount per year and can be removed once you reach 20% equity.

Should I choose a 15-year or 30-year mortgage?

A 15-year mortgage has higher monthly payments but you pay roughly half the total interest of a 30-year loan. A 30-year mortgage has lower monthly payments, giving you more cash flow flexibility. Choose based on your budget, job stability, and financial goals.

What factors affect my mortgage interest rate?

Your credit score (higher = lower rate), down payment amount, loan type (conventional, FHA, VA), loan term, current market rates (tied to the 10-year Treasury yield), property type, and lender competition all affect your rate. A 760+ credit score typically qualifies for the best rates.

What are closing costs and how much are they?

Closing costs are fees paid at settlement, typically 2–5% of the loan amount. They include origination fees, appraisal, title insurance, attorney fees, and prepaid items (taxes, insurance). On a $300,000 loan, expect $6,000–$15,000 in closing costs.

How does making extra payments reduce my mortgage?

Extra payments go directly toward your principal, reducing the balance interest is calculated on. Making one extra payment per year on a 30-year mortgage can cut 4–5 years off the loan and save tens of thousands in interest. Even small extra payments add up significantly.

What is the difference between pre-qualification and pre-approval?

Pre-qualification is an informal estimate of how much you might borrow, based on self-reported information. Pre-approval is a formal process where the lender verifies your income, assets, and credit, and commits to a loan amount. Sellers take pre-approvals much more seriously.

Is it better to buy or rent?

Buying builds equity and provides stability but requires a large upfront cost and maintenance responsibility. Renting offers flexibility and no maintenance costs. The break-even point (when buying beats renting financially) is typically 3–7 years, depending on your market and down payment.

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Mortgage Calculator

Calculate your full monthly mortgage payment including principal, interest, property taxes, and insurance (PITI). See the complete amortization schedule.

Home Price

Down Payment

Annual Interest Rate

Loan Term

Annual Property Tax Rate

Annual Homeowner's Insurance

Monthly HOA Fee

Results

Monthly Payment (PITI): $2,653.97
Principal & Interest: $2,128.97
Monthly Property Tax: $400.00
Monthly Insurance: $125.00
Loan Amount: $320,000.00
Down Payment: $80,000.00 (20.0%)
Total Interest Paid: $446,428.47
Total Cost of Home: $1,035,428.47

Principal vs. Interest by Year

View Full Amortization Schedule (360 payments)

Month	Payment	Principal	Interest	Balance
1	$2,128.97	$262.30	$1,866.67	$319,737.70
2	$2,128.97	$263.83	$1,865.14	$319,473.87
3	$2,128.97	$265.37	$1,863.60	$319,208.50
4	$2,128.97	$266.92	$1,862.05	$318,941.58
5	$2,128.97	$268.48	$1,860.49	$318,673.10
6	$2,128.97	$270.04	$1,858.93	$318,403.06
7	$2,128.97	$271.62	$1,857.35	$318,131.44
8	$2,128.97	$273.20	$1,855.77	$317,858.24
9	$2,128.97	$274.79	$1,854.17	$317,583.45
10	$2,128.97	$276.40	$1,852.57	$317,307.05
11	$2,128.97	$278.01	$1,850.96	$317,029.04
12	$2,128.97	$279.63	$1,849.34	$316,749.41
13	$2,128.97	$281.26	$1,847.70	$316,468.15
14	$2,128.97	$282.90	$1,846.06	$316,185.24
15	$2,128.97	$284.55	$1,844.41	$315,900.69
16	$2,128.97	$286.21	$1,842.75	$315,614.47
17	$2,128.97	$287.88	$1,841.08	$315,326.59
18	$2,128.97	$289.56	$1,839.41	$315,037.03
19	$2,128.97	$291.25	$1,837.72	$314,745.78
20	$2,128.97	$292.95	$1,836.02	$314,452.82
21	$2,128.97	$294.66	$1,834.31	$314,158.16
22	$2,128.97	$296.38	$1,832.59	$313,861.79
23	$2,128.97	$298.11	$1,830.86	$313,563.68
24	$2,128.97	$299.85	$1,829.12	$313,263.83
25	$2,128.97	$301.60	$1,827.37	$312,962.24
26	$2,128.97	$303.35	$1,825.61	$312,658.88
27	$2,128.97	$305.12	$1,823.84	$312,353.76
28	$2,128.97	$306.90	$1,822.06	$312,046.85
29	$2,128.97	$308.69	$1,820.27	$311,738.16
30	$2,128.97	$310.50	$1,818.47	$311,427.66
31	$2,128.97	$312.31	$1,816.66	$311,115.36
32	$2,128.97	$314.13	$1,814.84	$310,801.23
33	$2,128.97	$315.96	$1,813.01	$310,485.27
34	$2,128.97	$317.80	$1,811.16	$310,167.46
35	$2,128.97	$319.66	$1,809.31	$309,847.80
36	$2,128.97	$321.52	$1,807.45	$309,526.28
37	$2,128.97	$323.40	$1,805.57	$309,202.88
38	$2,128.97	$325.28	$1,803.68	$308,877.60
39	$2,128.97	$327.18	$1,801.79	$308,550.42
40	$2,128.97	$329.09	$1,799.88	$308,221.33
41	$2,128.97	$331.01	$1,797.96	$307,890.32
42	$2,128.97	$332.94	$1,796.03	$307,557.38
43	$2,128.97	$334.88	$1,794.08	$307,222.49
44	$2,128.97	$336.84	$1,792.13	$306,885.66
45	$2,128.97	$338.80	$1,790.17	$306,546.85
46	$2,128.97	$340.78	$1,788.19	$306,206.08
47	$2,128.97	$342.77	$1,786.20	$305,863.31
48	$2,128.97	$344.77	$1,784.20	$305,518.54
49	$2,128.97	$346.78	$1,782.19	$305,171.77
50	$2,128.97	$348.80	$1,780.17	$304,822.97
51	$2,128.97	$350.83	$1,778.13	$304,472.13
52	$2,128.97	$352.88	$1,776.09	$304,119.25
53	$2,128.97	$354.94	$1,774.03	$303,764.32
54	$2,128.97	$357.01	$1,771.96	$303,407.31
55	$2,128.97	$359.09	$1,769.88	$303,048.21
56	$2,128.97	$361.19	$1,767.78	$302,687.03
57	$2,128.97	$363.29	$1,765.67	$302,323.73
58	$2,128.97	$365.41	$1,763.56	$301,958.32
59	$2,128.97	$367.54	$1,761.42	$301,590.78
60	$2,128.97	$369.69	$1,759.28	$301,221.09
61	$2,128.97	$371.84	$1,757.12	$300,849.24
62	$2,128.97	$374.01	$1,754.95	$300,475.23
63	$2,128.97	$376.20	$1,752.77	$300,099.03
64	$2,128.97	$378.39	$1,750.58	$299,720.64
65	$2,128.97	$380.60	$1,748.37	$299,340.04
66	$2,128.97	$382.82	$1,746.15	$298,957.23
67	$2,128.97	$385.05	$1,743.92	$298,572.18
68	$2,128.97	$387.30	$1,741.67	$298,184.88
69	$2,128.97	$389.56	$1,739.41	$297,795.32
70	$2,128.97	$391.83	$1,737.14	$297,403.49
71	$2,128.97	$394.11	$1,734.85	$297,009.38
72	$2,128.97	$396.41	$1,732.55	$296,612.97
73	$2,128.97	$398.73	$1,730.24	$296,214.24
74	$2,128.97	$401.05	$1,727.92	$295,813.19
75	$2,128.97	$403.39	$1,725.58	$295,409.80
76	$2,128.97	$405.74	$1,723.22	$295,004.05
77	$2,128.97	$408.11	$1,720.86	$294,595.94
78	$2,128.97	$410.49	$1,718.48	$294,185.45
79	$2,128.97	$412.89	$1,716.08	$293,772.57
80	$2,128.97	$415.29	$1,713.67	$293,357.27
81	$2,128.97	$417.72	$1,711.25	$292,939.55
82	$2,128.97	$420.15	$1,708.81	$292,519.40
83	$2,128.97	$422.60	$1,706.36	$292,096.80
84	$2,128.97	$425.07	$1,703.90	$291,671.73
85	$2,128.97	$427.55	$1,701.42	$291,244.18
86	$2,128.97	$430.04	$1,698.92	$290,814.13
87	$2,128.97	$432.55	$1,696.42	$290,381.58
88	$2,128.97	$435.08	$1,693.89	$289,946.50
89	$2,128.97	$437.61	$1,691.35	$289,508.89
90	$2,128.97	$440.17	$1,688.80	$289,068.72
91	$2,128.97	$442.73	$1,686.23	$288,625.99
92	$2,128.97	$445.32	$1,683.65	$288,180.67
93	$2,128.97	$447.91	$1,681.05	$287,732.76
94	$2,128.97	$450.53	$1,678.44	$287,282.23
95	$2,128.97	$453.15	$1,675.81	$286,829.08
96	$2,128.97	$455.80	$1,673.17	$286,373.28
97	$2,128.97	$458.46	$1,670.51	$285,914.82
98	$2,128.97	$461.13	$1,667.84	$285,453.69
99	$2,128.97	$463.82	$1,665.15	$284,989.87
100	$2,128.97	$466.53	$1,662.44	$284,523.34
101	$2,128.97	$469.25	$1,659.72	$284,054.09
102	$2,128.97	$471.99	$1,656.98	$283,582.11
103	$2,128.97	$474.74	$1,654.23	$283,107.37
104	$2,128.97	$477.51	$1,651.46	$282,629.86
105	$2,128.97	$480.29	$1,648.67	$282,149.57
106	$2,128.97	$483.10	$1,645.87	$281,666.47
107	$2,128.97	$485.91	$1,643.05	$281,180.56
108	$2,128.97	$488.75	$1,640.22	$280,691.81
109	$2,128.97	$491.60	$1,637.37	$280,200.21
110	$2,128.97	$494.47	$1,634.50	$279,705.74
111	$2,128.97	$497.35	$1,631.62	$279,208.39
112	$2,128.97	$500.25	$1,628.72	$278,708.14
113	$2,128.97	$503.17	$1,625.80	$278,204.97
114	$2,128.97	$506.11	$1,622.86	$277,698.87
115	$2,128.97	$509.06	$1,619.91	$277,189.81
116	$2,128.97	$512.03	$1,616.94	$276,677.78
117	$2,128.97	$515.01	$1,613.95	$276,162.77
118	$2,128.97	$518.02	$1,610.95	$275,644.75
119	$2,128.97	$521.04	$1,607.93	$275,123.71
120	$2,128.97	$524.08	$1,604.89	$274,599.63
121	$2,128.97	$527.14	$1,601.83	$274,072.49
122	$2,128.97	$530.21	$1,598.76	$273,542.28
123	$2,128.97	$533.30	$1,595.66	$273,008.97
124	$2,128.97	$536.42	$1,592.55	$272,472.56
125	$2,128.97	$539.54	$1,589.42	$271,933.01
126	$2,128.97	$542.69	$1,586.28	$271,390.32
127	$2,128.97	$545.86	$1,583.11	$270,844.46
128	$2,128.97	$549.04	$1,579.93	$270,295.42
129	$2,128.97	$552.24	$1,576.72	$269,743.18
130	$2,128.97	$555.47	$1,573.50	$269,187.71
131	$2,128.97	$558.71	$1,570.26	$268,629.00
132	$2,128.97	$561.97	$1,567.00	$268,067.04
133	$2,128.97	$565.24	$1,563.72	$267,501.80
134	$2,128.97	$568.54	$1,560.43	$266,933.25
135	$2,128.97	$571.86	$1,557.11	$266,361.40
136	$2,128.97	$575.19	$1,553.77	$265,786.20
137	$2,128.97	$578.55	$1,550.42	$265,207.66
138	$2,128.97	$581.92	$1,547.04	$264,625.73
139	$2,128.97	$585.32	$1,543.65	$264,040.41
140	$2,128.97	$588.73	$1,540.24	$263,451.68
141	$2,128.97	$592.17	$1,536.80	$262,859.52
142	$2,128.97	$595.62	$1,533.35	$262,263.89
143	$2,128.97	$599.10	$1,529.87	$261,664.80
144	$2,128.97	$602.59	$1,526.38	$261,062.21
145	$2,128.97	$606.11	$1,522.86	$260,456.10
146	$2,128.97	$609.64	$1,519.33	$259,846.46
147	$2,128.97	$613.20	$1,515.77	$259,233.27
148	$2,128.97	$616.77	$1,512.19	$258,616.49
149	$2,128.97	$620.37	$1,508.60	$257,996.12
150	$2,128.97	$623.99	$1,504.98	$257,372.13
151	$2,128.97	$627.63	$1,501.34	$256,744.50
152	$2,128.97	$631.29	$1,497.68	$256,113.21
153	$2,128.97	$634.97	$1,493.99	$255,478.23
154	$2,128.97	$638.68	$1,490.29	$254,839.56
155	$2,128.97	$642.40	$1,486.56	$254,197.15
156	$2,128.97	$646.15	$1,482.82	$253,551.00
157	$2,128.97	$649.92	$1,479.05	$252,901.08
158	$2,128.97	$653.71	$1,475.26	$252,247.37
159	$2,128.97	$657.53	$1,471.44	$251,589.84
160	$2,128.97	$661.36	$1,467.61	$250,928.48
161	$2,128.97	$665.22	$1,463.75	$250,263.26
162	$2,128.97	$669.10	$1,459.87	$249,594.17
163	$2,128.97	$673.00	$1,455.97	$248,921.16
164	$2,128.97	$676.93	$1,452.04	$248,244.24
165	$2,128.97	$680.88	$1,448.09	$247,563.36
166	$2,128.97	$684.85	$1,444.12	$246,878.51
167	$2,128.97	$688.84	$1,440.12	$246,189.67
168	$2,128.97	$692.86	$1,436.11	$245,496.81
169	$2,128.97	$696.90	$1,432.06	$244,799.90
170	$2,128.97	$700.97	$1,428.00	$244,098.93
171	$2,128.97	$705.06	$1,423.91	$243,393.88
172	$2,128.97	$709.17	$1,419.80	$242,684.71
173	$2,128.97	$713.31	$1,415.66	$241,971.40
174	$2,128.97	$717.47	$1,411.50	$241,253.93
175	$2,128.97	$721.65	$1,407.31	$240,532.28
176	$2,128.97	$725.86	$1,403.10	$239,806.41
177	$2,128.97	$730.10	$1,398.87	$239,076.32
178	$2,128.97	$734.36	$1,394.61	$238,341.96
179	$2,128.97	$738.64	$1,390.33	$237,603.32
180	$2,128.97	$742.95	$1,386.02	$236,860.37
181	$2,128.97	$747.28	$1,381.69	$236,113.09
182	$2,128.97	$751.64	$1,377.33	$235,361.45
183	$2,128.97	$756.03	$1,372.94	$234,605.42
184	$2,128.97	$760.44	$1,368.53	$233,844.99
185	$2,128.97	$764.87	$1,364.10	$233,080.11
186	$2,128.97	$769.33	$1,359.63	$232,310.78
187	$2,128.97	$773.82	$1,355.15	$231,536.96
188	$2,128.97	$778.34	$1,350.63	$230,758.62
189	$2,128.97	$782.88	$1,346.09	$229,975.75
190	$2,128.97	$787.44	$1,341.53	$229,188.30
191	$2,128.97	$792.04	$1,336.93	$228,396.27
192	$2,128.97	$796.66	$1,332.31	$227,599.61
193	$2,128.97	$801.30	$1,327.66	$226,798.31
194	$2,128.97	$805.98	$1,322.99	$225,992.33
195	$2,128.97	$810.68	$1,318.29	$225,181.65
196	$2,128.97	$815.41	$1,313.56	$224,366.24
197	$2,128.97	$820.16	$1,308.80	$223,546.08
198	$2,128.97	$824.95	$1,304.02	$222,721.13
199	$2,128.97	$829.76	$1,299.21	$221,891.37
200	$2,128.97	$834.60	$1,294.37	$221,056.76
201	$2,128.97	$839.47	$1,289.50	$220,217.29
202	$2,128.97	$844.37	$1,284.60	$219,372.93
203	$2,128.97	$849.29	$1,279.68	$218,523.63
204	$2,128.97	$854.25	$1,274.72	$217,669.39
205	$2,128.97	$859.23	$1,269.74	$216,810.16
206	$2,128.97	$864.24	$1,264.73	$215,945.91
207	$2,128.97	$869.28	$1,259.68	$215,076.63
208	$2,128.97	$874.35	$1,254.61	$214,202.28
209	$2,128.97	$879.45	$1,249.51	$213,322.82
210	$2,128.97	$884.58	$1,244.38	$212,438.24
211	$2,128.97	$889.74	$1,239.22	$211,548.49
212	$2,128.97	$894.94	$1,234.03	$210,653.56
213	$2,128.97	$900.16	$1,228.81	$209,753.40
214	$2,128.97	$905.41	$1,223.56	$208,848.00
215	$2,128.97	$910.69	$1,218.28	$207,937.31
216	$2,128.97	$916.00	$1,212.97	$207,021.31
217	$2,128.97	$921.34	$1,207.62	$206,099.96
218	$2,128.97	$926.72	$1,202.25	$205,173.25
219	$2,128.97	$932.12	$1,196.84	$204,241.12
220	$2,128.97	$937.56	$1,191.41	$203,303.56
221	$2,128.97	$943.03	$1,185.94	$202,360.53
222	$2,128.97	$948.53	$1,180.44	$201,412.00
223	$2,128.97	$954.06	$1,174.90	$200,457.93
224	$2,128.97	$959.63	$1,169.34	$199,498.30
225	$2,128.97	$965.23	$1,163.74	$198,533.07
226	$2,128.97	$970.86	$1,158.11	$197,562.22
227	$2,128.97	$976.52	$1,152.45	$196,585.69
228	$2,128.97	$982.22	$1,146.75	$195,603.48
229	$2,128.97	$987.95	$1,141.02	$194,615.53
230	$2,128.97	$993.71	$1,135.26	$193,621.82
231	$2,128.97	$999.51	$1,129.46	$192,622.31
232	$2,128.97	$1,005.34	$1,123.63	$191,616.97
233	$2,128.97	$1,011.20	$1,117.77	$190,605.77
234	$2,128.97	$1,017.10	$1,111.87	$189,588.67
235	$2,128.97	$1,023.03	$1,105.93	$188,565.64
236	$2,128.97	$1,029.00	$1,099.97	$187,536.63
237	$2,128.97	$1,035.00	$1,093.96	$186,501.63
238	$2,128.97	$1,041.04	$1,087.93	$185,460.59
239	$2,128.97	$1,047.11	$1,081.85	$184,413.47
240	$2,128.97	$1,053.22	$1,075.75	$183,360.25
241	$2,128.97	$1,059.37	$1,069.60	$182,300.88
242	$2,128.97	$1,065.55	$1,063.42	$181,235.34
243	$2,128.97	$1,071.76	$1,057.21	$180,163.58
244	$2,128.97	$1,078.01	$1,050.95	$179,085.56
245	$2,128.97	$1,084.30	$1,044.67	$178,001.26
246	$2,128.97	$1,090.63	$1,038.34	$176,910.63
247	$2,128.97	$1,096.99	$1,031.98	$175,813.64
248	$2,128.97	$1,103.39	$1,025.58	$174,710.26
249	$2,128.97	$1,109.82	$1,019.14	$173,600.43
250	$2,128.97	$1,116.30	$1,012.67	$172,484.13
251	$2,128.97	$1,122.81	$1,006.16	$171,361.32
252	$2,128.97	$1,129.36	$999.61	$170,231.96
253	$2,128.97	$1,135.95	$993.02	$169,096.01
254	$2,128.97	$1,142.57	$986.39	$167,953.44
255	$2,128.97	$1,149.24	$979.73	$166,804.20
256	$2,128.97	$1,155.94	$973.02	$165,648.25
257	$2,128.97	$1,162.69	$966.28	$164,485.57
258	$2,128.97	$1,169.47	$959.50	$163,316.10
259	$2,128.97	$1,176.29	$952.68	$162,139.81
260	$2,128.97	$1,183.15	$945.82	$160,956.66
261	$2,128.97	$1,190.05	$938.91	$159,766.60
262	$2,128.97	$1,197.00	$931.97	$158,569.61
263	$2,128.97	$1,203.98	$924.99	$157,365.63
264	$2,128.97	$1,211.00	$917.97	$156,154.63
265	$2,128.97	$1,218.07	$910.90	$154,936.56
266	$2,128.97	$1,225.17	$903.80	$153,711.39
267	$2,128.97	$1,232.32	$896.65	$152,479.07
268	$2,128.97	$1,239.51	$889.46	$151,239.56
269	$2,128.97	$1,246.74	$882.23	$149,992.83
270	$2,128.97	$1,254.01	$874.96	$148,738.82
271	$2,128.97	$1,261.32	$867.64	$147,477.49
272	$2,128.97	$1,268.68	$860.29	$146,208.81
273	$2,128.97	$1,276.08	$852.88	$144,932.73
274	$2,128.97	$1,283.53	$845.44	$143,649.20
275	$2,128.97	$1,291.01	$837.95	$142,358.18
276	$2,128.97	$1,298.55	$830.42	$141,059.64
277	$2,128.97	$1,306.12	$822.85	$139,753.52
278	$2,128.97	$1,313.74	$815.23	$138,439.78
279	$2,128.97	$1,321.40	$807.57	$137,118.38
280	$2,128.97	$1,329.11	$799.86	$135,789.27
281	$2,128.97	$1,336.86	$792.10	$134,452.40
282	$2,128.97	$1,344.66	$784.31	$133,107.74
283	$2,128.97	$1,352.51	$776.46	$131,755.23
284	$2,128.97	$1,360.40	$768.57	$130,394.84
285	$2,128.97	$1,368.33	$760.64	$129,026.51
286	$2,128.97	$1,376.31	$752.65	$127,650.19
287	$2,128.97	$1,384.34	$744.63	$126,265.85
288	$2,128.97	$1,392.42	$736.55	$124,873.43
289	$2,128.97	$1,400.54	$728.43	$123,472.89
290	$2,128.97	$1,408.71	$720.26	$122,064.18
291	$2,128.97	$1,416.93	$712.04	$120,647.26
292	$2,128.97	$1,425.19	$703.78	$119,222.07
293	$2,128.97	$1,433.51	$695.46	$117,788.56
294	$2,128.97	$1,441.87	$687.10	$116,346.69
295	$2,128.97	$1,450.28	$678.69	$114,896.41
296	$2,128.97	$1,458.74	$670.23	$113,437.67
297	$2,128.97	$1,467.25	$661.72	$111,970.43
298	$2,128.97	$1,475.81	$653.16	$110,494.62
299	$2,128.97	$1,484.42	$644.55	$109,010.20
300	$2,128.97	$1,493.08	$635.89	$107,517.13
301	$2,128.97	$1,501.78	$627.18	$106,015.34
302	$2,128.97	$1,510.55	$618.42	$104,504.80
303	$2,128.97	$1,519.36	$609.61	$102,985.44
304	$2,128.97	$1,528.22	$600.75	$101,457.22
305	$2,128.97	$1,537.13	$591.83	$99,920.09
306	$2,128.97	$1,546.10	$582.87	$98,373.99
307	$2,128.97	$1,555.12	$573.85	$96,818.87
308	$2,128.97	$1,564.19	$564.78	$95,254.68
309	$2,128.97	$1,573.32	$555.65	$93,681.36
310	$2,128.97	$1,582.49	$546.47	$92,098.87
311	$2,128.97	$1,591.72	$537.24	$90,507.14
312	$2,128.97	$1,601.01	$527.96	$88,906.13
313	$2,128.97	$1,610.35	$518.62	$87,295.78
314	$2,128.97	$1,619.74	$509.23	$85,676.04
315	$2,128.97	$1,629.19	$499.78	$84,046.85
316	$2,128.97	$1,638.69	$490.27	$82,408.15
317	$2,128.97	$1,648.25	$480.71	$80,759.90
318	$2,128.97	$1,657.87	$471.10	$79,102.03
319	$2,128.97	$1,667.54	$461.43	$77,434.49
320	$2,128.97	$1,677.27	$451.70	$75,757.23
321	$2,128.97	$1,687.05	$441.92	$74,070.18
322	$2,128.97	$1,696.89	$432.08	$72,373.28
323	$2,128.97	$1,706.79	$422.18	$70,666.49
324	$2,128.97	$1,716.75	$412.22	$68,949.75
325	$2,128.97	$1,726.76	$402.21	$67,222.98
326	$2,128.97	$1,736.83	$392.13	$65,486.15
327	$2,128.97	$1,746.97	$382.00	$63,739.19
328	$2,128.97	$1,757.16	$371.81	$61,982.03
329	$2,128.97	$1,767.41	$361.56	$60,214.62
330	$2,128.97	$1,777.72	$351.25	$58,436.91
331	$2,128.97	$1,788.09	$340.88	$56,648.82
332	$2,128.97	$1,798.52	$330.45	$54,850.30
333	$2,128.97	$1,809.01	$319.96	$53,041.30
334	$2,128.97	$1,819.56	$309.41	$51,221.74
335	$2,128.97	$1,830.17	$298.79	$49,391.56
336	$2,128.97	$1,840.85	$288.12	$47,550.71
337	$2,128.97	$1,851.59	$277.38	$45,699.12
338	$2,128.97	$1,862.39	$266.58	$43,836.73
339	$2,128.97	$1,873.25	$255.71	$41,963.48
340	$2,128.97	$1,884.18	$244.79	$40,079.30
341	$2,128.97	$1,895.17	$233.80	$38,184.13
342	$2,128.97	$1,906.23	$222.74	$36,277.90
343	$2,128.97	$1,917.35	$211.62	$34,360.55
344	$2,128.97	$1,928.53	$200.44	$32,432.02
345	$2,128.97	$1,939.78	$189.19	$30,492.24
346	$2,128.97	$1,951.10	$177.87	$28,541.14
347	$2,128.97	$1,962.48	$166.49	$26,578.66
348	$2,128.97	$1,973.93	$155.04	$24,604.74
349	$2,128.97	$1,985.44	$143.53	$22,619.30
350	$2,128.97	$1,997.02	$131.95	$20,622.28
351	$2,128.97	$2,008.67	$120.30	$18,613.60
352	$2,128.97	$2,020.39	$108.58	$16,593.22
353	$2,128.97	$2,032.17	$96.79	$14,561.04
354	$2,128.97	$2,044.03	$84.94	$12,517.01
355	$2,128.97	$2,055.95	$73.02	$10,461.06
356	$2,128.97	$2,067.95	$61.02	$8,393.12
357	$2,128.97	$2,080.01	$48.96	$6,313.11
358	$2,128.97	$2,092.14	$36.83	$4,220.97
359	$2,128.97	$2,104.35	$24.62	$2,116.62
360	$2,128.97	$2,116.62	$12.35	$0.00

Frequently Asked Questions

How to Use the Mortgage Calculator

1. Enter the Home Price — the purchase price of the property.
2. Enter your Down Payment — the amount you will pay upfront (20% avoids PMI).
3. Enter the Annual Interest Rate from your lender's quote.
4. Select your Loan Term (30 years is most common).
5. Enter your estimated Property Tax Rate and annual insurance cost for a full PITI payment.
6. Check the amortization table to see every payment broken down month by month.

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