Payment calculator
See what a specific home would cost you
Have a home price in mind? Enter it below for the exact monthly payment — principal, interest, tax, insurance, PMI and HOA — plus the full amortization schedule.
This home's numbers
Pre-filled with a demo home — change them to match a listing you're looking at.
Builder incentives (optional)
Model a builder-paid rate buydown or credit — leave at 0 to see the payment without one.
Estimated total monthly payment
$6,630
Principal, interest, tax, insurance, PMI, HOA
Down payment
$143K (15.0%)
Loan amount
$808K
Cash needed at closing
$179,510
Down payment + ~2.5% closing + 2 months reserve
Effective rate
6.500%
No rate buydown applied
Principal & interest
$5,104
Monthly
Property tax
$990
Monthly
Insurance
$200
Monthly
HOA
$0
Monthly
PMI
$336
Monthly — down payment under 20%
Payment breakdown
This is an educational estimate only and not loan approval or financial advice.
View amortization schedule (30 years)
Based on a $808K loan at 6.5% over 30 years — principal and interest only. Doesn't include tax, insurance, PMI or HOA.
| Year | Principal paid | Interest paid | Ending balance |
|---|---|---|---|
| 1 | $9,026 | $52,222 | $798,474 |
| 2 | $9,630 | $51,617 | $788,844 |
| 3 | $10,275 | $50,972 | $778,569 |
| 4 | $10,963 | $50,284 | $767,606 |
| 5 | $11,697 | $49,550 | $755,909 |
| 6 | $12,481 | $48,767 | $743,428 |
| 7 | $13,317 | $47,931 | $730,111 |
| 8 | $14,209 | $47,039 | $715,903 |
| 9 | $15,160 | $46,087 | $700,743 |
| 10 | $16,175 | $45,072 | $684,567 |
| 11 | $17,259 | $43,989 | $667,309 |
| 12 | $18,415 | $42,833 | $648,894 |
| 13 | $19,648 | $41,600 | $629,246 |
| 14 | $20,964 | $40,284 | $608,283 |
| 15 | $22,368 | $38,880 | $585,915 |
| 16 | $23,866 | $37,382 | $562,049 |
| 17 | $25,464 | $35,783 | $536,586 |
| 18 | $27,169 | $34,078 | $509,416 |
| 19 | $28,989 | $32,259 | $480,427 |
| 20 | $30,930 | $30,317 | $449,497 |
| 21 | $33,002 | $28,246 | $416,495 |
| 22 | $35,212 | $26,035 | $381,283 |
| 23 | $37,570 | $23,677 | $343,713 |
| 24 | $40,086 | $21,161 | $303,627 |
| 25 | $42,771 | $18,476 | $260,856 |
| 26 | $45,635 | $15,612 | $215,221 |
| 27 | $48,692 | $12,556 | $166,529 |
| 28 | $51,953 | $9,295 | $114,576 |
| 29 | $55,432 | $5,815 | $59,144 |
| 30 | $59,144 | $2,103 | $0 |
Transparency
What this calculator assumes
We show the math instead of hiding it. Real lender numbers will differ based on credit, loan program, and property.
Down payment
Enter it as a dollar amount or a percent of the home price — both stay in sync with the loan amount.
Property tax
Defaults to 1.25%/yr of the home price — typical for non-Mello-Roos Santa Clara County. Newer subdivisions with a Mello-Roos CFD often run 1.5%–1.7%; adjust the rate to match.
Insurance
Defaults to $2,400/yr, in line with 2026 California averages for a higher-value Bay Area home. Actual premiums vary a lot by fire-hazard zone — get a real quote.
PMI
Applied automatically whenever down payment is under 20% of the home price, at whatever rate you enter (0.5%/yr by default) — real PMI runs roughly 0.3%–1.5%/yr depending on credit score.
Builder incentives
Optional. A rate buydown lowers the rate used for principal & interest directly. A builder/seller credit reduces cash needed at closing, but never below your down payment — most loan programs don't let a credit cover that.
Not sure what price you can afford in the first place? Try the buying power calculator instead — it works the other direction, solving for a price range from your income.
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