Mortgage Calculator
Calculate your monthly mortgage payment including principal, interest, taxes, insurance, and PMI.
Today's Mortgage Rates
Updated February 5, 2026
Source: Freddie Mac Primary Mortgage Market Survey. Click any rate to apply it.
(20.0%)
Taxes & Insurance (Escrow)
$321/mo
$150/mo
Property Taxes$321/mo
Home Insurance$150/mo
Total Escrow$471/mo
Private Mortgage Insurance (PMI)
Required when down payment is less than 20%
Total Monthly Payment
$2,155
$1,684 P&I$471 Escrow
Principal
$280,000
Interest
$326,292
Taxes & Ins.
$169,500
Total Cost Breakdown
Principal
$280,000Interest
$326,292Taxes & Insurance
$169,500Total Cost$775,792
Yearly Payment Breakdown
Amortization Schedule
| Year | Payment | Principal | Interest | Escrow | Balance |
|---|---|---|---|---|---|
| Year 1 | $25,860 | $3,419 | $16,791 | $5,650 | $276,581 |
| Year 2 | $25,860 | $3,631 | $16,579 | $5,650 | $272,950 |
| Year 3 | $25,860 | $3,856 | $16,353 | $5,650 | $269,093 |
| Year 4 | $25,860 | $4,095 | $16,114 | $5,650 | $264,998 |
| Year 5 | $25,860 | $4,349 | $15,860 | $5,650 | $260,649 |
| Year 6 | $25,860 | $4,619 | $15,591 | $5,650 | $256,030 |
| Year 7 | $25,860 | $4,905 | $15,304 | $5,650 | $251,124 |
| Year 8 | $25,860 | $5,209 | $15,000 | $5,650 | $245,915 |
| Year 9 | $25,860 | $5,532 | $14,677 | $5,650 | $240,383 |
| Year 10 | $25,860 | $5,875 | $14,334 | $5,650 | $234,508 |
| Year 11 | $25,860 | $6,240 | $13,970 | $5,650 | $228,268 |
| Year 12 | $25,860 | $6,626 | $13,583 | $5,650 | $221,642 |
| Year 13 | $25,860 | $7,037 | $13,173 | $5,650 | $214,605 |
| Year 14 | $25,860 | $7,473 | $12,736 | $5,650 | $207,131 |
| Year 15 | $25,860 | $7,937 | $12,273 | $5,650 | $199,194 |
| Year 16 | $25,860 | $8,429 | $11,781 | $5,650 | $190,766 |
| Year 17 | $25,860 | $8,951 | $11,258 | $5,650 | $181,814 |
| Year 18 | $25,860 | $9,506 | $10,704 | $5,650 | $172,308 |
| Year 19 | $25,860 | $10,096 | $10,114 | $5,650 | $162,213 |
| Year 20 | $25,860 | $10,721 | $9,488 | $5,650 | $151,491 |
| Year 21 | $25,860 | $11,386 | $8,824 | $5,650 | $140,105 |
| Year 22 | $25,860 | $12,092 | $8,118 | $5,650 | $128,013 |
| Year 23 | $25,860 | $12,842 | $7,368 | $5,650 | $115,171 |
| Year 24 | $25,860 | $13,638 | $6,572 | $5,650 | $101,534 |
| Year 25 | $25,860 | $14,483 | $5,727 | $5,650 | $87,051 |
| Year 26 | $25,860 | $15,381 | $4,829 | $5,650 | $71,669 |
| Year 27 | $25,860 | $16,335 | $3,875 | $5,650 | $55,335 |
| Year 28 | $25,860 | $17,347 | $2,862 | $5,650 | $37,988 |
| Year 29 | $25,860 | $18,423 | $1,787 | $5,650 | $19,565 |
| Year 30 | $25,860 | $19,565 | $645 | $5,650 | $0 |