Mortgage Calculator

*Mortgage Calculators are provided as a free service to our users. No guarantee, explicit or implied, is made regarding their accuracy or suitability to a specific purpose.

The result of this calculation should not be taken as a statement of one’s credit-worthiness, but rather a general guideline of industry practices. Furthermore, calculation results are not to be construed as an offer to extend credit, under any terms, to any individual or lender listed on this website. Use of any calculator on this site shall constitute acceptance of the terms of this agreement.

Purchase price

Please enter here the amount you expect to pay for a home.

Enter a value

Down payment

Down payment is cash that you pay upfront for your home.

0.0%

Enter a value

Term in years

Number of years you have to pay.

years

Enter a value

Interest rate (per year)

The percentage of interest that you will pay on your mortgage for a specific term.

Enter a value

Property tax

Enter your property tax here if you know it.

per year

Enter a value

Home insurance

Most lenders require home insurance. Enter its price here.

per year

Enter a value

PMI

PMI is Private Mortgage Insurance which is usually required to pay if your Down payment less than 20%.

per month

Enter a value

Your total monthly payment

$

Principal & Interest

Dollars and Sense!

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This is not a commitment to lend. This mortgage calculator is for illustrative purposes only and estimates are based on information you provided. Interest rates, mortgage insurance rates, and programs are subject to credit approval and available rates and terms will vary, sometimes drastically, based on borrower eligibility and program selected. For accurate interest rates and mortgage insurance rates please contact your loan officer.