Fixed-Rate Mortgage Calculator

Calculate your monthly mortgage payments with taxes, insurance, and HOA fees.

Currency

Loan Details

Loan Amount

Interest Rate (%)

Loan Term (Years)

Taxes, Insurance & Fees

Property Tax (% per year)

Home Insurance ($/year)

HOA Fees ($/month)

Monthly Payment

Principal & Interest$0

Property Tax$0

Home Insurance$0

HOA Fees$250

Total Interest Paid

Total Loan Cost

Over 30 years

Amortization Schedule

Year	Principal Paid	Interest Paid	Remaining Balance

How a Fixed-Rate Mortgage Works

A fixed-rate mortgage is a home loan where the interest rate remains the same for the entire term of the loan. This means your monthly principal and interest payments will never change, making it easier to budget for the future.

Key Benefits:

Predictable Payments: Your rate and payment amounts are locked in.
Protection from Inflation: Even if market rates skyrocket, your rate stays low.
Long-term Stability: Ideal for buyers planning to stay in their home for many years.

* This calculator provides estimates for educational purposes only. Actual payments may vary by lender.