Mortgage Calculator

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.

Payment

Schedule

Your mortgage payments over 30 years will add up to $0.

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Mortgage Help

Down Payment

Typically, a 20% down payment is recommended, but some loans allow as low as 3.5%. A larger down payment lowers your mortgage balance, reducing monthly payments or enabling purchase of a higher-priced home.

Loan Term

Loan terms impact your interest rate and monthly costs. Options include 30-year fixed, 15-year fixed, and others, all adjustable via the calculator.

Loan Type

Common mortgage loans are fixed-rate, with stable payments over time, and adjustable-rate, which start lower but can vary after initial years. Each has unique benefits for different buyer needs.

Interest Rate

The calculator uses current average mortgage rates, but your rate depends on credit score, down payment, and other factors.

Property Tax Rate

Estimated property taxes based on home value are included in the calculator and can be adjusted in advanced settings.

Home Insurance

Lenders typically require home insurance, which you can customize in the mortgage calculator's advanced options.

HOA Fees

Monthly homeowners association fees help maintain community properties and amenities, applicable to certain residential areas.