Mortgage Calculator
Free mortgage calculator. Estimate monthly payment including principal, interest, property tax and insurance (PITI). Works in any currency, runs in browser.
Runs in your browserUpdated Apr 26, 2026
Mortgage calculator
Loan amount
320,000.00
P&I monthly
2,022.62
Total monthly
2,422.62
Total interest
408,142.36
Total P&I paid
728,142.36
LTV
80.0%
Frequently asked questions
›What is PITI?
Principal, Interest, Taxes and Insurance — the four parts of your monthly housing payment that lenders use to qualify you.
›Should I make a 20% down payment?
20% avoids private mortgage insurance (PMI) on US conforming loans, but lower down payments are common (3-5% with FHA / first-time buyer programs).
›Does this include HOA fees?
No — add HOA dues separately to your total monthly cost. We only model PITI.
›Fixed or variable rate?
We assume a fixed rate. For ARMs the early-term rate is the same calculation; later years vary with the index.
›Is the calculator free?
Yes — fully free, no signup, runs in your browser.