For home buyers and owners in the U.S.
Estimate your monthly mortgage payment
Type in a price, a down payment, the rate from your quote and the loan term. The calculator adds property tax, homeowners insurance, mortgage insurance and HOA dues, and shows what each part adds to the monthly bill.
Calculate for free- No account needed
- No credit check
- No lender contact
Cindrus is a calculation tool, not a financial advisor. We give no personal advice and do not arrange loans.
The result is a calculation on your figures. It is not a guaranteed saving or an offer.
Principal and interest, plus one month of property tax and insurance, plus PMI and HOA dues where entered.
If the loan has an escrow account, this is the tax and insurance share your servicer collects each month.
With less than 20 percent down on a conventional loan, the CFPB says lenders may require PMI. If your quote includes it, enter it above.
Your loan amount is above the 2026 baseline conforming loan limit of $832,750 that FHFA set for one-unit homes in most of the country. Limits are higher in some high-cost areas.
Balance and interest year by year
For illustrative purposes only. Not a loan offer or commitment to lend. Cindrus is not a lender, mortgage broker or loan originator, we pass no information to lenders, and no lender pays us.
This estimate is not a loan offer or a personal recommendation about a mortgage.
Basis: the figures you entered and the standard payment formula. No market rate is used. The rate and costs you can actually get may differ.
- The interest rate stays the same for the whole term.
- Interest is charged monthly at the yearly rate divided by twelve.
- Tax and insurance are the yearly amounts you entered, spread evenly over the months.
- PMI stays at the amount you entered until its scheduled end.
- Closing costs, points and the APR are left out.
Your next step.
Take the result with you.
Free. No account.
- Write down the figures you used: you find them under «Understand the number».
- Ask what it costs in total, not only what the payment will be.
- Ask whether the rate is fixed and what can change it.
- Ask for the offer in writing, so you can compare it calmly.
- Ask what is not included in the figure.
Ready to talk to the bank?
Your figures and the right questions, on one page.
- Costs and rate
- Fees and remaining balance
- The assumptions behind the figure
Follow your loan.
Your loan and your calculations, in one place.
- Your calculations saved in one place
- Your financial overview
The account is free.
The calculator is free without an account. Not personal advice.
Your bank conversation
Ask the bank about these six things.
Based on your calculation. Not personal advice.
From quote to monthly total in three steps
Find your numbers
The price, your down payment and the rate and term from a quote or a Loan Estimate. The tax bill and insurance premium are yearly amounts.
Fill in the lines
Mortgage insurance and HOA dues are optional. Leave them blank if they do not apply.
Read the breakdown
The total comes first, then each part of it, so you can see which line moves the payment most.
The four letters in PITI
PITI stands for principal, interest, taxes and insurance. Two of the letters belong to the loan itself and two to the house.
Principal and interest
The part that repays the loan and the interest charged on it. On a Loan Estimate this line is labeled «Principal & Interest».
Taxes and insurance
Property tax and homeowners insurance. When the loan has an escrow account, the servicer collects them with each payment and pays the bills when they are due.
The extras
Mortgage insurance on some loans and HOA or condo dues in some communities. They are not part of the four letters, but they are part of what leaves your account.
How is a monthly mortgage payment calculated?
On a fixed-rate loan, principal and interest stay the same each month. The calculator uses the standard formula with a monthly rate equal to the yearly rate divided by twelve. In the early years a larger share goes to interest, and the principal share grows with every payment.
Property tax and insurance work differently. The CFPB notes that both can change from year to year, and when they do, the escrow payment and the total monthly payment change with them.
When does mortgage insurance apply?
According to the CFPB, you might be required to buy private mortgage insurance on a conventional loan with a down payment of less than 20 percent of the purchase price. PMI protects the lender, not you. Enter the monthly amount from your quote; the calculator does not estimate it.
Other words for the same thing
Mortgage payment calculator · PITI calculator · house payment calculator · monthly mortgage estimate. Each one asks what a home loan costs per month.
Your quote, laid out line by line
Your rate, not ours
The calculator never fills in an interest rate. It uses the one you type.
No lender behind the page
We are not paid to send you to a lender, and we do not pass your numbers to anyone.
Shown, not hidden
Every line says what it is made of, and the assumptions sit right below the result.
What does the monthly payment include?
Principal and interest repay the loan. Property tax and homeowners insurance belong to the home, and a servicer often collects them through escrow. PMI and HOA dues come on top when they apply. The breakdown shows each one.
What if my rate is a little higher than I expect?
The result shows principal and interest at one percentage point above the rate you entered, with everything else the same. Change the rate field to try any other scenario.
Why can the payment change on a fixed-rate loan?
Principal and interest stay the same, but property tax and insurance premiums can move. Your servicer reviews the escrow account each year and adjusts that part of the payment.
Is this the APR or a loan offer?
Neither. The calculator works with the interest rate you type. A lender calculates the APR and includes certain costs in it, and only a lender can make an offer.
Calculating your payment is free.
With a free Cindrus account you can keep your mortgage alongside your other loans and assets. The pricing page shows all plans and which features work only in Denmark for now.
Plans and pricing →See your full monthly payment.
It is free and takes a minute. Creating a free account is optional and does not require a payment card.