---
title: "Mortgage Payment Calculator: Ondo Real Estate"
description: "Estimate monthly mortgage payments with taxes, insurance, and PMI."
canonical: https://www.ondorealestate.com/calculators/mortgage-payment/
---

# Mortgage Payment Calculator

> Estimate monthly mortgage payments with taxes, insurance, and PMI.

## Formula

Monthly P&I = P × r × (1 + r)^n / ((1 + r)^n − 1) where P = loan amount, r = monthly rate (annual rate ÷ 12 ÷ 100), n = total months (years × 12).

## Inputs

- Home price (USD)
- Down payment (USD)
- Annual interest rate (%)
- Loan term (years)
- Property tax, insurance, PMI (optional)
- Loan program (conventional, FHA, VA, USDA)

## Worked example

- Home price: $300,000.00
- Down payment: $60,000.00 (20%)
- Loan amount: $240,000.00
- Rate: 6.5%, term: 30 years
- Monthly principal + interest: **$1,516.96**
- Taxes, insurance, HOA, and PMI are additional and vary by property.

## Notes

- Assumes a fixed-rate, fully amortizing loan.
- This is not a rate quote or a commitment to lend.

## Try the interactive version

- HTML calculator: https://www.ondorealestate.com/calculators/mortgage-payment/
- All calculators: https://www.ondorealestate.com/calculators/

---
## Required disclosures

Loan information is provided by Ondo Real Estate (NMLS ID on file). This is not a commitment to lend, a loan approval, or an offer of credit. Rates, terms, and payments shown are estimates for illustration only, are not a quote, and are subject to credit approval, underwriting, and market conditions. Equal Housing Lender.

Real estate services provided by Ondo Real Estate. Information is deemed reliable but is not guaranteed and should be independently verified. Equal Housing Opportunity.

Automated home-value or rent figures on this site are estimates generated from available data. They are not an appraisal, a broker price opinion, or a comparative market analysis, and should not be relied upon as a statement of value.

The on-site AI assistant is informational only. Replies are generated by an automated assistant and may contain errors. This information is general in nature and is not legal, tax, or financial advice. Please verify important details with a member of the Ondo Real Estate team.

Licensed activity: real estate brokerage and mortgage origination are marketed for Utah. Remote online notarization (RON) is offered nationwide. Confirm current licensure with Ondo before relying on a service in a given state.

## Sitemap

See the full [Markdown sitemap](https://www.ondorealestate.com/sitemap.md) for every public page and its Markdown twin.