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Mortgage Payment Calculator

This mortgage payment calculator will provide monthly mortgage payment information – Principal and Interest, Property Taxes, Homeowners Insurance, and HOA dues. It does not include PMI, which is based on your credit score and would be in addition to the payment below.







Monthly Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421

*Monthly mortgage payments reflect Principal and Interest, Taxes, Insurance, and HOA dues. Does not include PMI (<20% down payment). These rates and figures are estimates for educational purposes only and do not reflect an official mortgage loan offer.

How to Use this Mortgage Payment Calculator

Below please find the explanation for each calculated field.

The monthly mortgage payment breakdown reflects:

  • The monthly principal and interest payment.
  • The monthly property taxes, homeowners insurance, and PMI – Private Mortgage Insurance (escrow payment).
  • The monthly home owners association dues.
  • The total interest paid over the life of the loan.
  • The total amount of mortgage payments over the life of the loan.

Early Payoff Strategy

The Early Payoff Strategy provides option for the payment frequency; such as monthly payments, bi-weekly payments or weekly payments.

Additional Monthly

Select a monthly amount on top of your monthly mortgage payment that will go directly to reducing your principal mortgage balance.

Lump Sum Payment

You can select a lump sum payment amount that can be made one-time, yearly, or quarterly. The result with provide the interest and loan term savings.


Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed. Metropolitan Mortgage Corporation does not guarantee the accuracy of any information or inputs by users of the software.

This calculator does not have the ability to pre-qualify you for any loan program which should be verified independently with one of our Loan Consultants. Qualification for loan programs may require additional information such as credit scores and cash reserves which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. Additional fees such as HOA dues are not included in calculations. All information such as interest rates, taxes, insurance, PMI payments, etc. are estimates and should be used for comparison only.

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Lower Your Mortgage Payment

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