Mortgage Calculator 2025
Calculate monthly mortgage payments, total interest, and view amortization schedule.
Mortgage Payment Breakdown
How Mortgage Payments Work
Your monthly mortgage payment consists of four main components (PITI):
- Principal: The amount that goes toward paying down the loan balance
- Interest: The cost of borrowing money from the lender
- Taxes: Property taxes collected by your local government
- Insurance: Homeowners insurance to protect your property