Plan Your Purchase
Mortgage Loan Calculator
Estimate your monthly principal & interest payment. Adjust the inputs to see how your numbers change.
Inputs
$1,500,000
20% ($300,000)
30 years
6.500%
1.25% ($18,750 / yr)
Monthly Payment
$7,585
Principal & interest only
Loan Amount$1,200,000
Down Payment$300,000
Est. Property Tax / mo$1,563
Monthly Total (P&I + Tax)$9,147
Total of Payments$2,730,534
Total Interest$1,530,534
Property tax estimate based on California's ~1.25% effective rate (Prop 13). Excludes insurance, HOA, Mello-Roos, and PMI.