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💰 Mortgage Payment Calculator 2025

Calculate your exact monthly mortgage payment including principal, interest, taxes, and insurance (PITI). Get instant results and payment breakdown.

PITI Calculator
Payment Breakdown
Total Interest

Loan Details

Home Purchase Information

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Loan Terms

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Additional Monthly Costs

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No PMI required (20%+ down payment)

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Your Payment

Ready to calculate?

Enter your loan details to see your monthly payment breakdown.

Understanding Your Mortgage Payment (PITI)

What's Included in PITI?

  • Principal: Amount that goes toward paying down your loan balance
  • Interest: Cost of borrowing money from the lender
  • Taxes: Property taxes paid to local government
  • Insurance: Homeowners insurance to protect your property

Additional Costs to Consider

  • PMI: Private Mortgage Insurance (required if down payment < 20%)
  • HOA Fees: Homeowners Association monthly dues
  • Maintenance: Ongoing home repairs and upkeep
  • Utilities: Monthly electricity, gas, water, and internet

Tips for Lower Monthly Payments

Increase Down Payment:
  • • Lower loan amount
  • • Eliminate PMI (20%+)
  • • Better interest rates
Improve Credit Score:
  • • Lower interest rates
  • • Better loan terms
  • • More lender options
Shop Around:
  • • Compare multiple lenders
  • • Negotiate rates and fees
  • • Consider different loan types