MORTGAGE CALCULATOR

Calculate YourMortgage Payments

See how much interest you are likely to pay and estimated principal balances. The calculator is absolutely free to use.

Mortgage Calculator

10.0% of purchase price

Monthly Payment

$0.00

Principal & Interest

Loan Amount

$450,000.00

Total Interest

-$450,000.00

Total Payments

300 months

Total Cost

$0.00

How to Estimate Mortgage Payments

There are a number of factors that go into estimating how much your regular mortgage payments will be. The most important numbers are the total mortgage amount, the amortization period, and the mortgage rate.

To use the calculator, enter the purchase price, and select your amortization period and mortgage rate. Then you can see how your payment will be affected by the size of your down payment and frequency of payments.

How to Lower Your Payments

There are a few ways to lower your monthly mortgage payments. You can reduce the purchase price, make a bigger down payment, extend the amortization period, or choose a lower mortgage rate.

Use the calculator above to try different variables to see what your payment will be with different scenarios.

Ready to FindYour Dream Home?

Now that you know your budget, explore our available properties and find the perfect home for you.