Mortgage Calculator

When you use this calculator, you'll see:

Monthly Payment, this is what you pay each month toward:

• Principal (your loan balance)
• Interest
• Taxes
• Insurance
• HOA (if applicable)

This will help you budget.

Try adjusting these numbers to find the best scenario:

• Increase your down payment - lowers monthly payment.
• Shorter loan term - higher payment, less interest.
• Lower interest rate - saves tens of thousands.
• Higher home price - increases everything.

This tool helps you avoid becoming house-poor and find a payment that fits your lifestyle.

This tool gives estimates, but it doesn't know:

• Your credit score
• Your debt-to-income ratio
• Local tax rates
• Your loan program (FHA, VA, Conventional, etc.)
• Current market pricing.

Those factors can change your payment by hundreds per month.