Monthly Payment Calculator
Your monthly payment with taxes, insurance and mortgage insurance, for a conventional, FHA or VA loan. Enter your own numbers; nothing is filled in for you.
Estimated monthly payment
Enter the home price and interest rate to see an estimate.
Estimate only, not an offer.
How This Is Worked Out
- Principal and interest use the standard formula for a fixed-rate loan, at the rate and term you enter.
- Property tax, homeowners insurance and HOA dues are the amounts you enter, spread evenly over 12 months.
- Conventional loans with less than 20% down add private mortgage insurance at the yearly rate you enter. It ends on its own when your balance is scheduled to reach 78% of the price, or halfway through the loan, whichever comes first.
- FHA loans add a 1.75% upfront premium to the loan, plus a yearly premium set by HUD's table for your loan size, down payment and term. The amount shown is for the first year.
- VA loans add the VA funding fee to the loan, from VA's table (1.25%, 1.5%, 2.15% for first use, by down payment). VA loans have no monthly mortgage insurance.
- FHA limits depend on your county: from $541,287 to $1,249,125 for a one-unit home in 2026.