Estimate your monthly mortgage payment for a home in Austin or anywhere in Texas. This calculator includes the full picture — principal & interest, property taxes, homeowners insurance, PMI, and HOA dues — so the number you see is close to what you’d actually pay each month. Adjust any field and the results update instantly.
Estimated monthly payment
$3,171
- Principal & interest—
- Property tax—
- Insurance—
- PMI—
- HOA—
Loan amount: $360,000
How is this payment calculated?
Principal & interest use the standard amortization formula based on your loan amount, rate, and term. Property tax is your home price times the annual tax rate, divided by 12 — in the Austin metro, combined city, county, and school rates typically run 1.8–2.1%. Insurance and HOA are your annual and monthly figures spread across the payment. PMI is added automatically only when your down payment is under 20% and drops off once you reach 20% equity. This is an estimate, not a quote — your actual rate and payment depend on credit, loan program, and current pricing.
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Calculator results are estimates for illustration only and do not constitute a loan offer, rate quote, or commitment to lend. Contact us for current rates and program details.
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