Monthly mortgage payment calculator
Type in the figures from your quote. Each line of the payment appears as you go.
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.
How the monthly payment is worked out
Principal and interest use the standard formula for a fixed-rate amortizing loan. The monthly rate is your yearly rate divided by twelve. Each payment covers that month's interest first, and the rest lowers the balance, so the principal share grows over time.
Property tax and homeowners insurance are your yearly amounts divided across the months. When a loan has an escrow account, Regulation X lets the servicer collect one-twelfth of the expected yearly bills each month and hold a cushion of no more than one-sixth.
The conforming loan limit comes from FHFA and changes each year. Where we show a figure from a public source, the date it was read sits next to it.
- CFPB: What is an escrow or impound account? (consumerfinance.gov, read 10/19/2026)
- 12 CFR 1024.17, Regulation X: Escrow accounts (consumerfinance.gov, read 10/19/2026)
- CFPB: What is private mortgage insurance? (consumerfinance.gov, read 10/19/2026)
- FHFA: Conforming loan limit values for 2026 (fhfa.gov, announced 11/25/2025, read 10/21/2026)