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Mortgage Calculator

Know the payment before you make the offer.

Move three sliders and see what a house actually costs each month: the loan, the taxes, the insurance, and the mortgage insurance.

Start with the house you have in mind.

Pick a loan type, set the price and the down payment, and the payment updates as you go. Open the advanced panel for the rest.

Conventional · 30 years

Your payment

$3,689.58

per month

  • Principal & interest $3,065.53 83%
  • Property tax $229.17 6%
  • Homeowners insurance $229.17 6%
  • Estimated PMI $165.71 4%

An estimate built from what you entered — not a quote or an approval.

Get this priced for you
Loan type

A starting assumption, not an offer. Your rate is priced to your file.

Where every dollar of it goes.

The same payment three ways: what it is made of, what it looks like month by month, and how the balance falls.

Home price
$500,000
Down payment
$15,000 (3.0%)
Base loan amount
$485,000
Total loan amount
$485,000
Loan-to-value
97.0%
Interest rate
6.500%
Loan term
30 years
Monthly principal & interest
$3,065.53
Monthly property tax
$229.17
Monthly homeowners insurance
$229.17
Monthly estimated pmi (0.41% a year)
$165.71
Your estimated monthly payment
$3,689.58

Comes off after about 12 years, on the scheduled balance. Mortgage insurance is priced by your credit and your down payment. This is a representative card.

How Conventional loans work

A payment is an estimate. A pre-approval is an answer.

This tool assumes. A loan officer verifies — your income, your credit, the property, and the pricing you actually qualify for today.

Disclaimer

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.