Mortgage Payment Calculator

Calculate your monthly PITI payment — principal, interest, property taxes, insurance, HOA & PMI — instantly.

Loan Details

Enter your home purchase information

20%
20%
PMI auto-calculated at 0.8% annually when down payment is below 20%.

Monthly Payment Breakdown

Estimated Monthly Payment
$—
Principal · Interest · Tax · Insurance

Payment Composition

Mortgage payment breakdown Donut chart showing proportion of principal & interest, property tax, insurance, and PMI in your monthly mortgage payment.
P&I
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Property Tax
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Insurance
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PMI
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Loan Amount
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Total Interest
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Total Cost
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Payoff Date
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Principal vs. Interest — First 10 Years

# Payment Principal Interest Balance
Expert Guide

Mortgage Calculator 2026: How to Calculate Your Monthly Payment & Beat the Market

With 30-year fixed mortgage rates averaging 6.82% as of May 2026, understanding your true monthly cost before signing is non-negotiable. Our calculator gives you a full PITI breakdown — Principal, Interest, Taxes, and Insurance — updated in real time as you type.

The Amortization Formula Explained

Your P&I payment uses the formula M = P × [r(1+r)^n] / [(1+r)^n − 1]. On a $360,000 loan at 6.82% over 30 years, P&I is ~$2,360/month. Add property tax (~$450), insurance (~$150), and PMI if applicable, and your PITI exceeds $2,960+.

2026 Conforming & FHA Limits

The FHFA conforming limit is $766,550 for most US counties. FHA loans max out at $498,257 for standard markets, requiring just 3.5% down with a 580+ FICO score.

Rate Shopping Tip: A 0.5% rate difference on a $400K loan saves over $40,000 over 30 years. Get 3–5 quotes from banks, credit unions, and online lenders before committing.

PMI: What It Costs and How to Avoid It

PMI typically costs 0.5–1.5% annually. On a $360K loan at 0.8%, that's $240/month extra. Cancel PMI once you reach 20% equity under the Homeowners Protection Act.

  • Biweekly payments shave ~4 years off a 30-year mortgage
  • $100/month extra can save $30,000+ in total interest
  • FICO 680 → 760 can cut your rate by 0.5–0.75%
  • Mortgage points: 1 point = 1% of loan, reduces rate ~0.25%; break-even ~3–4 yrs
📝 Article Placeholder — Add 400+ words: Fed rate Q3–Q4 2026 outlook, regional housing data, first-time buyer DPA programs.

401k / Retirement Calculator

Project your nest egg with compound growth, employer match & 2026 IRS contribution limits.

Your Retirement Profile

2026 IRS Limits Auto-Applied

10%
4%
7%
2.5%
2026 IRS limit: $23,000 employee contribution ($30,500 if age 50+). Catch-up contributions available.

Retirement Projection

Projected Nest Egg at Retirement
$—
— in today's dollars
You Contribute
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Employer Adds
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Investment Growth
—
Years Invested
—

Portfolio Growth Over Time

Monthly Withdrawal (4% Rule)
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Savings Rate
—
The 4% rule: withdraw 4% of your nest egg annually. Historically sustains a 30+ year retirement.
Retirement Planning

Maximizing Your 401k in 2026: IRS Limits, Employer Match & Compound Growth

For 2026, the IRS raised the 401(k) employee contribution limit to $23,000 ($30,500 for 50+). Combined with employer match and decades of tax-deferred compounding, a 401k is the most powerful wealth tool available to most Americans.

Never Leave Employer Match on the Table

At 4% match on a $90,000 salary, that's $3,600/year in free money. Compounded at 7% over 33 years, the match alone grows to over $480,000. Always contribute enough to capture the full match first.

📝 Article Placeholder — Add Traditional vs Roth 401k strategy, backdoor Roth IRA, and 2026 IRS limit context.

Auto Loan Calculator

Find your true monthly payment — including trade-in value, sales tax, and dealer fees.

Vehicle & Financing

All true costs included

Auto Loan Breakdown

Monthly Payment
$—
— months at —% APR
Total Loan Amount
—
Total Interest
—
Total Vehicle Cost
—
Sales Tax Added
—
72–84 month loans: You'll likely owe more than the car's value for 2–3 years. Gap insurance is strongly recommended.
Auto Finance

Auto Loan Calculator 2026: Get the Best Rate & Avoid Dealer Traps

Average new vehicle prices crossed $48,500 in early 2026 and average APR for new-car loans sits at 7.10% for prime borrowers. Knowing your true cost — including trade-in, tax, and dealer fees — is your strongest negotiating tool.

Get Pre-Approved Before You Walk In

Pre-approval from your bank or credit union eliminates dealer financing markup (the "dealer reserve"). Always negotiate car price separately from financing.

📝 Article Placeholder — Add new vs used APR comparison, CPO benefits, and FICO tier rate breakdown.

Credit Card Payoff Calculator

See exactly how much interest you save and how many months sooner you'll be debt-free.

Card Details

Minimum vs. accelerated payoff

Average US credit card APR reached ~27% in early 2026. Paying more is the highest-return investment you can make.

Payoff Comparison

Minimum Only
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Interest Paid
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With Extra Payment
—
Interest Paid
—
Total Interest Saved
$—
— months faster

Balance Reduction Over Time

Debt StrategyUpdated May 2026

Credit Card Payoff 2026: Avalanche vs. Snowball & Why Minimum Payments Are a Trap

Americans carry over $1.21 trillion in credit card debt as of Q1 2026. At average APRs near 27%, a $9,200 balance paid at minimum takes over 7 years and costs $7,500+ in interest.

📝 Article Placeholder — Cover Avalanche vs Snowball, 0% APR balance transfers, and debt consolidation options.

Compound Interest Calculator

Visualize exponential wealth growth across different rates, time horizons, and compounding frequencies.

Investment Parameters

The eighth wonder of the world

8%
30 years
Rule of 72: Divide 72 by your annual rate to find doubling time. At 8%, money doubles every 9 years.

Wealth Projection

Final Balance
$—
After — years at —%
Total Deposited
—
Interest Earned
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Return on Investment
—
Doubling Time
—

Growth Timeline

Wealth BuildingUpdated May 2026

Compound Interest 2026: Why Starting Early Beats Investing More

A 25-year-old investing $500/month at 8% has $1.75M by 65. A 35-year-old starting the same plan has only $750K — less than half — despite just 10 fewer years. Those early years are irreplaceable.

Tax-Advantaged Accounts Supercharge Compounding

Roth IRA withdrawals are tax-free in retirement. The 2026 Roth IRA limit is $7,000 ($8,000 if 50+). HSAs are triple-tax-advantaged: $4,300 individual / $8,550 family in 2026.

📝 Article Placeholder — Add S&P 500 historical returns, DRIP compounding, and expense ratio impact on long-term wealth.