PMI usually ends when your loan-to-value reaches 80%. This calculator removes PMI from the amortization schedule once the balance drops below that threshold.

Are taxes and insurance exact?

Principal and interest are exact given your inputs. Taxes and insurance vary by location and policy. Treat them as estimates.

Mortgage Calculator

Estimate your monthly payment including principal and interest, property taxes, homeowners insurance and PMI. U.S. dollars by default.

Inputs

Home price

Down payment

Interest rate APR (%)

Loan term (years)

Property tax rate (% of price per year)

Homeowners insurance (monthly)

PMI rate (% of loan per year)

HOA dues (monthly, optional)

Your inputs are only used in your browser.

Monthly breakdown

Item	Amount
Total monthly	$0

PMI is included until loan-to-value reaches 80% of the home price, then it drops from the schedule.

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Amortization (first 12 months)

Month	Payment (P&I)	Principal	Interest	PMI	Balance

CSV export includes the full schedule.

How this works

We use the standard fixed-rate amortization formula for principal and interest. Property tax is price × tax rate ÷ 12. Insurance and HOA are the monthly values you enter. PMI applies when down payment is under 20% and stops when the balance reaches 80% loan-to-value.

Results are estimates. For a loan offer, check with your lender.

Mortgage Calculator

Inputs

Monthly breakdown

Amortization (first 12 months)

How this works

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