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Mortgage payment calculator

Explore how the amount borrowed, interest rate and amortization affect an estimated mortgage payment. Include financed mortgage insurance in the amount borrowed.

Mortgage amount borrowed ($)Annual interest rate (%)Amortization (years)Annual property tax ($)Monthly condo fee ($)Monthly utilities / other ($)

Assumes monthly payments and a fixed annual mortgage rate compounded semi-annually, with the rate held constant for the illustration. Enter the total borrowed amount, including financed mortgage insurance if applicable. Lender calculations and variable-rate terms may differ.

Property tax, condo fees and other monthly costs are shown separately. Home insurance, maintenance and one-time closing costs are not automatically included.

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