What will your mortgage payment be?
Your mortgage payment could be your largest monthly expense — so it makes sense to estimate the amount you’ll pay each month before you start shopping for your new home. Use our Mortgage Loan Calculator to determine your monthly payment by entering your loan amount, interest rate and loan term. You can change these amounts to see how a different interest rate or loan term could affect your payment. Your actual mortgage amount may differ depending on how much you pay for property tax and homeowners insurance — but this mortgage loan calculator will give you a good estimate of what your mortgage payment might be. Play around with the numbers to determine the right mortgage amount for your budget.
Loan Amount Do not enter commas*
How many years will the loan term be?