Mortgage Payment Calculator — P&I, Tax, Insurance
Calculate a full mortgage payment (principal, interest, taxes, insurance) with amortization schedule and extra-payment savings. Free, instant, private.
The listing-site payment estimate leaves out half the story. A real mortgage payment is PITI: principal and interest, plus property taxes, homeowners insurance, and often PMI and HOA dues. This calculator builds the complete payment and the amortization schedule behind it.
Add extra monthly payments and see the years and interest dollars removed from the loan — the single most clarifying exercise in home buying.
100% in-browser · no upload · no signup · nothing you paste or drop here leaves your device
Mortgage Calculator
Calculate monthly mortgage payments (PITI), total interest, and view amortization schedule.
M = monthly payment · P = loan amount · r = monthly rate (annual ÷ 12) · n = total payments (years × 12). Tax and insurance are added separately.
A home is bought for $400,000 with a 20% down payment ($80,000), leaving a $320,000 loan at 6.5% over 30 years.
- Loan amount:$320,000
- Monthly P&I:$2,022.62
- Total interest:$408,142
- Total PITI / mo:$2,422.62
The default interest rate (6.5%) is an approximation based on national averages. Your actual rate depends on credit score, loan type, down payment, and market conditions.
Early payments go mostly to interest; the balance tips to principal only in the back half. This is why extra payments early in the term save the most interest.
About this mortgage payment calculator
This page covers piti calculator, house payment calculator with taxes and insurance, mortgage amortization with extra payments, how much house payment can i afford — all the same underlying task as mortgage payment calculator. The tool above is FreeToolHub's mortgage calculator embedded in full: every feature works right here, and nothing you process is uploaded to any server.
Frequently asked questions
What is PITI in a mortgage payment?
Principal and Interest (the loan itself), Taxes (property tax, usually escrowed monthly), and Insurance (homeowners plus PMI if your down payment is under 20%). Lenders qualify you on full PITI plus HOA — a $2,000 P&I can easily be a $2,700 total payment once the T and I land.
How much does one extra mortgage payment a year save?
One extra payment per year (or 1/12 monthly) on a 30-year loan typically removes 4–6 years and tens of thousands in interest — for example, roughly $50,000+ on a $350,000 loan at 6.5%. The amortization view shows the exact effect at your rate and balance before you commit the cash flow.