Mortgage Calculator
Estimate your monthly mortgage payment.
This calculator shows your estimated monthly payment for a home purchase, breaking the total into principal and interest, property tax, homeowners insurance, and mortgage insurance when it applies. Adjust the price, down payment, loan term, and interest rate to see the number update in real time, with no account and no data shared.
Your inputs
Set the deal details
Applied as a percentage of the loan per year when your down payment is under 20%.
Estimated monthly payment
per month, all-in estimate
How it works
The math behind your monthly number.
Your monthly payment is the sum of four parts. Principal and interest use the standard amortization formula, spreading the loan over your term at the interest rate you enter. Property tax is estimated at a fixed 1.25% of the purchase price per year. Homeowners insurance and mortgage insurance (when your down payment is under 20%) are added as you set them.
- Principal & Interest: standard amortization over the full loan term
- Property Tax: a fixed 1.25% of the purchase price, divided by 12
- Homeowners insurance: your annual premium, divided by 12
- Mortgage insurance: only when the down payment is under 20%
Understand the estimate
This is a planning tool, not a loan quote.
Every number here is an estimate based on the assumptions you set. Your real payment can differ with your credit profile, actual insurance quotes, the tax rate in your county, HOA fees, and the exact terms a lender offers. Alejandro Espitia of Apex Realty & Investments can pair this estimate with a real loan conversation, in English or Spanish, so your budget and your offer run on the same numbers.
Property tax note
This calculator applies a fixed 1.25% property tax rate per year for simplicity. Actual rates vary by county and can change with reassessment, so confirm the local rate for a home you are serious about.
Turn the estimate into a plan
Get a real rate and loan-readiness check.
A calculator gives you a ballpark. Alejandro connects you with trusted lending partners to turn that ballpark into a verified pre-approval, so you can shop with a number sellers take seriously. Share your situation and get a straight reply, in English or Spanish.
- Call or text (626) 314-9170
- Apex Realty & Investments, 1775 E. Lincoln Ave., #105, Anaheim, CA 92805
- Serving Los Angeles, San Bernardino, Riverside, and the San Gabriel Valley
Request a quote
Get personalized guidance
Ready to move from estimate to offer?
Pair the homes you love with the financing that makes them work. Alejandro will help you line up both.