Mortgage Calculator

Let's calculate.

Home Price

$500,000

$50k $2M

Down Payment (%)

20%

0% 50%

Interest Rate (%)

6.75%

2% 12%

Loan Term (years)

Monthly Payment

$3,186

6.75% · 30-year fixed

Principal & Interest $3,215

Property Tax $458

Insurance $145

PMI $0

Home Price $500,000

Down Payment $100,000

Loan Amount $400,000

Total Interest (30 yrs) $752,510

Your monthly mortgage payment includes four components:

Principal & Interest: What you actually owe on the loan plus the cost of borrowing.
Property Tax: Sacramento County taxes (~1.1% of home value annually).
Insurance: Homeowner's insurance to protect your investment (~0.35% annually).
PMI: Private Mortgage Insurance required if down payment is less than 20%.