Homebuying Basics

Use this dynamic mortgage calculator to figure out monthly mortgage loan payments based on a home's sale price, the down payment amount, the loan's annual interest rate, and the yearly term of the desired loan. Be sure to account for additional fees to calculate the total monthly payment.

* Interest and principal only; does not include pro-rated property taxes and insurance, or mortgage insurance, which may be required by your lender.

COMPUTE MONTHLY PAYMENT


Purchase Price
Down Payment
Interest Rate (%)
Loan Term (in years)
Monthly Loan Payment:

ADDITIONAL FEES


annual Property Taxes (%)
HOA Fees
Total Monthly Payment: