Mortgage calculators

Run the numbers yourself, then let's turn the estimate into a real plan.

Home price ($)

Down payment ($) Loan term

Interest rate you want to test (%)

Property tax (%/yr) Home insurance ($/yr)

Mortgage insurance (%/yr, if under 20% down) HOA ($/mo)

Estimated monthly payment

Principal & interest
Property tax
Home insurance
Mortgage insurance
HOA
Loan amount

Mortgage insurance is estimated only when the down payment is under 20%. Taxes, insurance and mortgage insurance vary by property and loan.

Gross monthly income ($) Monthly debt payments: car, cards, student loans ($)

Down payment ($) Interest rate to test (%)

Comfort level Taxes + insurance + HOA ($/mo)

Estimated price range

Max total housing payment
Principal & interest portion
Estimated loan amount

Lenders look at much more than this: credit, reserves, income type and loan program. The number that matters most is the payment that still lets you live your life.

Current loan balance ($)

Current rate (%) Years left on current loan

New rate to test (%) New term

Estimated closing costs ($)

Months to break even

Current principal & interest
New principal & interest
Monthly difference

A lower payment isn't the only test. Resetting the term can raise total interest, so look at how long you plan to keep the home.

Current rent ($/mo) Rent increase (%/yr)

Home price ($) Down payment ($)

Interest rate to test (%) Home value change (%/yr)

Taxes, insurance, upkeep ($/mo) Years you'd stay

Estimated equity after 7 years

Total rent paid
Total ownership payments
Estimated home value
Remaining loan balance

Leaves out selling costs, tax effects and what your down payment could earn elsewhere. Home values can go down as well as up.

Loan balance ($)

Interest rate (%) Years left

Extra principal each month ($)

Estimated interest saved

Paid off sooner by
Regular payment (P&I)

Check with your servicer that extra payments go to principal and that your loan has no prepayment penalty.

Home price today ($)

Down payment (%) Months you'd wait

Rate to test today (%) Rate to test later (%)

Home price change while you wait (%/yr)

Payment difference if you wait

Price later
Payment now (P&I)
Payment later (P&I)

This is a "what if." Nobody knows where prices or rates are headed. Use it to see how much each one matters to you.

Want your real numbers, not an estimate?

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Calculators are for education only. Results are estimates, not a loan offer, rate quote or commitment to lend, and do not show an APR. Rates, payments and eligibility depend on credit, property, loan program and other factors.