Mortgage Calculator

Estimate your monthly payments, what you might need for a down payment and mortgage insurance at closing using the calculator below. You can enter amounts into the text fields or drag the sliders to the correct amount.

It is important to note that closing costs can vary widely depending on the mortgage and lender you choose. For that reason we have not included closing costs in this calculator.

Home Purchase Price Click for Home Purchase Price Info

Down Payment Amount Click for Down Payment Info

Fixed Interest Rate Click for Interest Rate Info

Mortgage Term Click for Mortgage Term Info

Mortgage Insurance Click for Mortgage Insurance Info

* FHA and RD include a one time and a monthly mortgage insurance payment. Although you may have the option to finance the amount of the one time payment into your mortgage, for ease in this calculator, if select FHA or RD we will include the one time mortgage insurance payment amount in the Mortgage Insurance - Due at Closing total line.

Property Tax Click for Property Tax Info

Homeowners Insurance Click for Homeowners Insurance Info

Results*
Total Amount Mortgaging
Monthly Mortgage Payment
Property Tax
Homeowners Insurance
Mortgage Insurance (Monthly)
Total Monthly Payment
Down Payment - Due at Closing
Mortgage Insurance - Due at Closing * FHA and RD include a one time payment and a monthly mortgage insurance. You may have the option to finance the amount of the one-time payment into your mortgage, which for ease in this calculator, if you selected FHA or RD as Mortgage Insurance we have included the one-time mortgage insurance payment in the monthly payment amount and detailed it alone on this line.

*It is important to note that closing costs can vary widely depending on the mortgage and lender you choose. For that reason, we have not included closing costs in this calculator.