Mortgage PWA

New York Mortgage Calculator

United States

New York Mortgage Calculator

United States

Mobile-first mortgage calculator with escrow, PMI, extra payments, amortization, charts, and PWA support.

Monthly payment

$4,256

Biweekly

$2,820

Monthly payment

$4,256

Biweekly

$2,820

Estimated monthly payment

$4,256

Includes principal, interest, taxes, insurance, PMI, HOA, and other costs.

Loan amount: $464,000

Payoff date

Feb 2056

Assumes steady rate and current extra payments.

Biweekly estimate

$2,820

Same payoff as monthly schedule.

Total interest

$636,126

Biweekly savings: $509

Payment breakdown

$4,256

71.81% to principal & interest

Principal & interest$3,056

Property tax$831

Home insurance$175

PMI / LMI$193

HOA / Strata$0

Other costs$0

New York Mortgage Calculator guide

The New York mortgage calculator helps buyers and refinancers across the state estimate monthly payments with local property tax and insurance defaults. New York has some of the highest property taxes in the nation—we use 1.72% as a baseline, but rates vary widely by county and school district. Westchester, Nassau, and Rockland counties often exceed 2%. Adjust the rate to match your area.

New York City co-ops and condos typically have maintenance or common charges. Enter them in the HOA field to see your full monthly cost. The calculator includes PMI for down payments below 20%, extra payments, and biweekly schedules. Use the amortization table to plan for the mortgage interest deduction and to see how extra payments shorten the term.

All calculations run in your browser. The page is part of our PWA, so you can install it and use it offline. Ads are placed below results to avoid layout shift.

Amortization schedule

Yearly view

Period	Date	Principal	Interest	Escrow	PMI	Total interest	Ending balance
2026	Jan 2026	$3,981	$26,578	$10,063	$0	$26,578	$460,019
2027	Jan 2027	$5,088	$31,582	$12,076	$0	$58,160	$454,931
2028	Jan 2028	$5,451	$31,220	$12,076	$0	$89,380	$449,480
2029	Jan 2029	$5,839	$30,832	$12,076	$0	$120,212	$443,641
2030	Jan 2030	$6,255	$30,416	$12,076	$0	$150,628	$437,386
2031	Jan 2031	$6,701	$29,970	$12,076	$0	$180,598	$430,685
2032	Jan 2032	$7,178	$29,493	$12,076	$0	$210,091	$423,507
2033	Jan 2033	$7,689	$28,982	$12,076	$0	$239,073	$415,818
2034	Jan 2034	$8,237	$28,434	$12,076	$0	$267,507	$407,582
2035	Jan 2035	$8,823	$27,848	$12,076	$0	$295,355	$398,758
2036	Jan 2036	$9,452	$27,219	$12,076	$0	$322,574	$389,307
2037	Jan 2037	$10,125	$26,546	$12,076	$0	$349,120	$379,182
2038	Jan 2038	$10,846	$25,825	$12,076	$0	$374,945	$368,336
2039	Jan 2039	$11,619	$25,052	$12,076	$0	$399,997	$356,717
2040	Jan 2040	$12,446	$24,225	$12,076	$0	$424,222	$344,271
2041	Jan 2041	$13,333	$23,338	$12,076	$0	$447,560	$330,938
2042	Jan 2042	$14,282	$22,389	$12,076	$0	$469,949	$316,656
2043	Jan 2043	$15,299	$21,371	$12,076	$0	$491,320	$301,357
2044	Jan 2044	$16,389	$20,282	$12,076	$0	$511,602	$284,968
2045	Jan 2045	$17,556	$19,114	$12,076	$0	$530,717	$267,411
2046	Jan 2046	$18,807	$17,864	$12,076	$0	$548,581	$248,604
2047	Jan 2047	$20,146	$16,524	$12,076	$0	$565,105	$228,458
2048	Jan 2048	$21,581	$15,090	$12,076	$0	$580,195	$206,877
2049	Jan 2049	$23,118	$13,552	$12,076	$0	$593,747	$183,758
2050	Jan 2050	$24,765	$11,906	$12,076	$0	$605,653	$158,993
2051	Jan 2051	$26,529	$10,142	$12,076	$0	$615,795	$132,464
2052	Jan 2052	$28,418	$8,253	$12,076	$0	$624,047	$104,046
2053	Jan 2053	$30,442	$6,228	$12,076	$0	$630,276	$73,604
2054	Jan 2054	$32,611	$4,060	$12,076	$0	$634,336	$40,993
2055	Jan 2055	$34,933	$1,737	$12,076	$0	$636,073	$6,060
2056	Jan 2056	$6,059	$52	$2,013	$0	$636,126	$0

Figures include principal, interest, escrow amounts, and PMI where applicable. Minor rounding may occur.

FAQs

New York Mortgage Calculator — frequently asked questions

Straight answers about taxes, PMI, extra payments, and biweekly schedules.

What is the average property tax rate in New York?+

New York property tax rates vary significantly. Upstate counties may be 1.5%–2.5%; downstate suburbs often exceed 2%. We default to 1.72%—adjust for your county.

Does New York have a mortgage recording tax?+

Yes. New York imposes a mortgage recording tax that varies by county. It is a one-time closing cost, not included in monthly payments. The calculator focuses on ongoing costs.

How do I factor in co-op maintenance or condo common charges?+

Enter your monthly maintenance or common charges in the HOA field. They will be added to your total monthly payment in the calculator.

What is the conforming loan limit in New York for 2025?+

The New York City metro area and other high-cost counties have 2025 conforming limits up to $1,149,825. Other areas use the standard $766,550 limit.

Can I use this for a New York FHA or VA loan?+

Yes. Adjust the down payment (3.5% for FHA, 0% for VA) and PMI rate to approximate your program. The calculator will show your estimated monthly payment.

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