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Mortgage Calculator

Estimate monthly home-loan payments from price, down payment, rate and term.

How to use

  1. Enter the home price and your down payment.
  2. Set the interest rate and term (30 or 15 years are common).
  3. Read the monthly principal & interest payment.

Frequently asked questions

What's not included?

Property taxes, home insurance, PMI and HOA fees - these vary by location and are added on top of P&I.

How does the down payment help?

A larger down payment shrinks the loan, cutting both the monthly payment and total interest.

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