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Mortgage Calculator

Estimate your monthly mortgage payments with taxes, insurance, and PMI.

Loan Inputs

Down Payment

Effective down payment: $90,000 (20.0%)

Monthly Payment (Principal + Interest)

$2,275

Loan Amount

$360,000

Total Interest Paid

$459,160

Total Cost (with down payment)

$909,160

Principal vs Interest

Breakdown of lender payments over the full loan term.

Principal (43.9%)
$360,000
Interest (56.1%)
$459,160

Amortization Summary

First Month

Principal: $325

Interest: $1,950

First Year (12 Payments)

Principal paid: $4,024

Interest paid: $23,282

You pay down 50% of the principal around month 257 (year 22).