Skip to main content Skip to footer

Payment AI Calculator

Use this tool to estimate how much you’ll need to pay each month. This tells you how payments will look
like before you take out the loan, so you can see if it fits your budget and avoid surprises down the road.

Your New Loan
Your Scenarios
Your Total Monthly Payment
This chart shows where your monthly mortgage payment goes—like how much goes toward the loan, taxes, insurance, and other fees—so you can understand what you're really paying for each month. Note that we are estimating your tax, home insurance, and PMI baed on the state you entered. Your actual numbers could vary.
This chart shows how much interest you pay each year versus how much goes toward paying down the loan itself. It also tracks how your total loan balance shrinks year after year, helping you understand how your payments shift over time.
This chart shows how much money you'll have paid in principal (loan amount), interest, taxes, and insurance over time. It helps you see the full cost of the mortgage.
This chart shows how your yearly mortgage payments are split between interest, loan repayment, and other fees. Early in the loan, most of your payments go toward interest. Over time, that shifts — more of your payment goes toward reducing the loan balance. If your equity was under 20% at the beginning of the loan, you will also pay PMI. But that PMI goes away once your equity goes above 20%.
At the beginning, your equity is equal to your down payment. As you make mortgage payments, you slowly pay off the loan — your equity from loan grows. At the same time, your home may go up in value — that’s your equity from appreciation. This chart combines both: how much you've paid off and how much your home’s value has grown. The chart uses the average annual house value appreciation for the last 30 years for the state ou entered.

We use cookies and similar technologies to improve your experience, analyze site usage, and deliver personalized content. By clicking "Accept", you agree to the storing of cookies on your device in accordance with our Privacy Policy. You can manage your cookie preferences at any time.