Mortgage calculator
The monthly principal and interest on a $320,000 loan at 6.5% for 30 years is $2,022.62. Add property taxes and homeowners insurance (PITI), PMI and HOA dues to see the total monthly payment.
- Monthly principal and interest, plus taxes, insurance, PMI and HOA dues.
- Loan terms of 30, 20, 15 or 10 years.
- Total interest and a yearly amortization schedule.
Worked examples
- $320,000 loan at 6.5% for 30 years
- Principal and interest $2,022.62; total monthly $2,022.62; total interest $408,142.36
- $300,000 loan at 6.68% for 15 years
- Principal and interest $2,643.10; total monthly $2,643.10; total interest $175,757.86
- $320,000 loan at 6.5% for 30 years, with $4,800 property tax and $1,500 insurance a year
- Principal and interest $2,022.62; total monthly $2,547.62; total interest $408,142.36
Sources: Consumer Financial Protection BureauChecked: October 2026