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Mortgage Calculator
See your full monthly payment, not just principal and interest. Property tax, insurance, HOA dues and PMI are all included, plus a year-by-year look at how your loan pays down.
How this calculator works
Principal & interest uses the standard fixed-rate formula for your loan amount, rate and term.
Property tax is your purchase price times the tax rate, divided by 12. In California your tax base resets to the purchase price when you buy, then can rise up to 2% a year.
PMI applies when you put less than 20% down. The calculator estimates when it drops off by tracking when your balance reaches 78% of the price.
The loan schedule shows how much of each year's payments go to principal versus interest, and your balance at the end of each year.