Mortgage Calculator
Mortgage
Homeowner Expenses
Monthly Summary
Monthly Principal & Interest$2,528
Total Fees$671
Property Taxes$521
Home Insurance$150
PMI$0
HOA Fees$0
Total Monthly Payment$3,199
Total of All Payments
Down Payment$0
Principal$400,000
Interest$510,178
Total Fees$241,500
Property Taxes$187,500
Home Insurance$54,000
PMI$0
HOA Fees$0
Grand Total$1,266,678
Note: PMI is estimated and turns off once balance ≤ 80% of home value.
Touring homes? Use the free checklist to sanity-check taxes, HOA, insurance surprises, and deal risks.
Download checklist (PDF) →Payment composition & balance
Tip: PMI ends when the PMI segment disappears (typically near the first year where the balance crosses 80% LTV).
Mortgage Payment Schedule
| Year | Principal | Interest | Taxes | Ins | PMI | HOA | Total | Balance | Loan Paid |
|---|---|---|---|---|---|---|---|---|---|
| 1 | $4,471 | $25,868 | $6,250 | $1,800 | $0 | $0 | $38,389 | $395,529 | 1.12% |
| 2 | $4,770 | $25,569 | $6,250 | $1,800 | $0 | $0 | $38,389 | $390,759 | 2.31% |
| 3 | $5,090 | $25,249 | $6,250 | $1,800 | $0 | $0 | $38,389 | $385,669 | 3.58% |
| 4 | $5,431 | $24,909 | $6,250 | $1,800 | $0 | $0 | $38,389 | $380,238 | 4.94% |
| 5 | $5,794 | $24,545 | $6,250 | $1,800 | $0 | $0 | $38,389 | $374,444 | 6.39% |
| 6 | $6,182 | $24,157 | $6,250 | $1,800 | $0 | $0 | $38,389 | $368,261 | 7.93% |
| 7 | $6,596 | $23,743 | $6,250 | $1,800 | $0 | $0 | $38,389 | $361,665 | 9.58% |
| 8 | $7,038 | $23,301 | $6,250 | $1,800 | $0 | $0 | $38,389 | $354,627 | 11.34% |
| 9 | $7,510 | $22,830 | $6,250 | $1,800 | $0 | $0 | $38,389 | $347,117 | 13.22% |
| 10 | $8,013 | $22,327 | $6,250 | $1,800 | $0 | $0 | $38,389 | $339,105 | 15.22% |
| 11 | $8,549 | $21,790 | $6,250 | $1,800 | $0 | $0 | $38,389 | $330,555 | 17.36% |
| 12 | $9,122 | $21,218 | $6,250 | $1,800 | $0 | $0 | $38,389 | $321,434 | 19.64% |
| 13 | $9,733 | $20,607 | $6,250 | $1,800 | $0 | $0 | $38,389 | $311,701 | 22.07% |
| 14 | $10,384 | $19,955 | $6,250 | $1,800 | $0 | $0 | $38,389 | $301,316 | 24.67% |
| 15 | $11,080 | $19,259 | $6,250 | $1,800 | $0 | $0 | $38,389 | $290,237 | 27.44% |
| 16 | $11,822 | $18,517 | $6,250 | $1,800 | $0 | $0 | $38,389 | $278,415 | 30.40% |
| 17 | $12,614 | $17,726 | $6,250 | $1,800 | $0 | $0 | $38,389 | $265,801 | 33.55% |
| 18 | $13,458 | $16,881 | $6,250 | $1,800 | $0 | $0 | $38,389 | $252,342 | 36.91% |
| 19 | $14,360 | $15,979 | $6,250 | $1,800 | $0 | $0 | $38,389 | $237,983 | 40.50% |
| 20 | $15,322 | $15,018 | $6,250 | $1,800 | $0 | $0 | $38,389 | $222,661 | 44.33% |
| 21 | $16,348 | $13,992 | $6,250 | $1,800 | $0 | $0 | $38,389 | $206,314 | 48.42% |
| 22 | $17,442 | $12,897 | $6,250 | $1,800 | $0 | $0 | $38,389 | $188,871 | 52.78% |
| 23 | $18,611 | $11,729 | $6,250 | $1,800 | $0 | $0 | $38,389 | $170,260 | 57.43% |
| 24 | $19,857 | $10,482 | $6,250 | $1,800 | $0 | $0 | $38,389 | $150,403 | 62.40% |
| 25 | $21,187 | $9,152 | $6,250 | $1,800 | $0 | $0 | $38,389 | $129,217 | 67.70% |
| 26 | $22,606 | $7,734 | $6,250 | $1,800 | $0 | $0 | $38,389 | $106,611 | 73.35% |
| 27 | $24,120 | $6,220 | $6,250 | $1,800 | $0 | $0 | $38,389 | $82,491 | 79.38% |
| 28 | $25,735 | $4,604 | $6,250 | $1,800 | $0 | $0 | $38,389 | $56,756 | 85.81% |
| 29 | $27,459 | $2,881 | $6,250 | $1,800 | $0 | $0 | $38,389 | $29,298 | 92.68% |
| 30 | $29,298 | $1,042 | $6,250 | $1,800 | $0 | $0 | $38,389 | $0 | 100.00% |