How to Calculate a Mortgage Payment | PENNYMAC

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How much will your mortgage payment be? Just like a smoothie, your mortgage payment is a blend of different ingredients – watch to learn what they are. With the free mortgage calculator from Pennymac, crunching the numbers is as easy as blending your favorite smoothie: https://bit.ly/4ik99PA


Check out this video to learn about:

00:39 Mortgage Payment Ingredients
00:54 Principal
01:07 Interest
01:24 Taxes
01:41 Insurance
02:02 Association Dues
02:19 Free Mortgage Calculator

Your mortgage payment includes a blend of the principal, interest, property taxes, insurance and association dues.

Watch the video to learn how to determine your mortgage payment amount. Then use this calculator to see how much you could potentially borrow: https://bit.ly/4hF8Y0q

View all our Bring It Home episodes here: https://www.pennymac.com/bring-it-home

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