Monthly Payment
See how home price, down payment, and loan terms may affect your payment.
Mortgage calculators
Make the numbers feel less mysterious.
Use these planning tools to explore possibilities—not to replace a personalized loan review.
A Great Place to Start
Mortgage calculators can help you explore payments, affordability, and refinance scenarios in just a few minutes.
They're a helpful way to get a general idea of what's possible before diving into the details.
What Can You Calculate?
Home Affordability
Get a rough idea of how much home may fit your budget.
Refinance Savings
Compare your current mortgage to potential refinance options.
Keep In Mind
Calculators provide estimates, not guarantees.
They don't know your goals, financial situation, loan options, or long-term plans. That's why the numbers you see online are often just a starting point.
Your planning workspace
Try your scenario.
Small changes in rate, price, down payment, and monthly debt can materially change an estimate. Julie can help you understand which inputs are realistic for your situation. The sample rates are illustrations, not current rate offers.
Estimated total monthly payment
—per month
| Principal & interest | — |
|---|---|
| Homeowners insurance | — |
| Mortgage insurance | — |
| Property taxes | — |
| HOA dues | — |
| Total monthly payment | — |
- Base loan amount
- —
- Upfront fee
- —
- Total loan amount
- —
About the estimates
Taxes and insurance are monthly budget amounts, whether paid through escrow or separately. The estimate excludes other closing costs, utilities, maintenance, and future changes to taxes, insurance, or mortgage insurance. Loan eligibility and limits are not assessed.
Conventional PMI starts at an illustrative 0.38% annually; Jumbo starts at 0%. Replace these with a lender estimate. FHA and USDA monthly insurance estimates use the starting loan balance; actual premiums use program-specific balance calculations and may change over time. The interest rate is an illustration, not a current offer.
Fee references: HUD FHA premiums, VA funding fees, and USDA fees.
Estimated home price
—
Your income and debt budget does not leave room for a home purchase with these costs. Try adjusting the inputs or review your options with Julie.
- Estimated loan amount
- —
- Down payment
- —
| Principal & interest | — |
|---|---|
| Homeowners insurance | — |
| Private mortgage insurance | — |
| Property taxes | — |
| HOA dues | — |
| Total monthly payment | — |
About the estimates
The home price estimate includes your down payment. Your selected debt-to-income budget is applied to gross monthly income, minus the debts you enter. The remaining housing budget covers principal, interest, estimated PMI, taxes, insurance, and HOA dues.
Taxes, insurance, and HOA are fixed monthly estimates; update them for the property you are considering. PMI defaults to an illustrative 0.38% annually and varies by lender and borrower. The interest rate is an illustration, not a current offer.
Set aside separate funds for closing costs and reserves. Utilities, maintenance, future cost changes, loan eligibility, and program limits are not assessed. This estimates a conventional fixed-rate loan; other programs have different costs and requirements.
Estimated total monthly payment
—per month
| Principal & interest | — |
|---|---|
| Homeowners insurance | — |
| Mortgage insurance | — |
| Property taxes | — |
| HOA dues | — |
| Total monthly payment | — |
- Base loan amount
- —
- Upfront fee
- —
- Total loan amount
- —
- Monthly P&I savings
- —
- Estimated break-even
- —
Compares principal and interest only. A lower payment over a longer term can increase total interest. Break-even measures recovery of cash closing costs, not lifetime savings.
About the estimates
Taxes and insurance are monthly budget amounts, whether paid through escrow or separately. The estimate excludes other closing costs, utilities, maintenance, and future changes to taxes, insurance, or mortgage insurance. Loan eligibility and limits are not assessed. Enter the proposed new loan amount, including any cash out and other financed closing costs, before the upfront government fee. This tool supports base loans up to the property value; that is a calculator limit, not an eligibility rule.
Conventional PMI starts at an illustrative 0.38% annually; Jumbo starts at 0%. Replace these with a lender estimate. FHA and USDA monthly insurance estimates use the starting loan balance; actual premiums use program-specific balance calculations and may change over time. The interest rate is an illustration, not a current offer. FHA uses standard premiums; historical streamline exceptions and upfront-premium refunds are not modeled. USDA refinance eligibility and benefit requirements are not assessed. For VA, select cash-out/non-IRRRL or IRRRL to apply the corresponding fee.
Fee references: HUD FHA premiums, VA funding fees, and USDA fees.
Planning estimates only. Payment estimates include the housing costs you enter. Refinance savings compare principal and interest only. This is not a quote, approval, or commitment to lend.
Have Questions About Your Results?
A calculator can estimate the numbers. Let's talk about what they mean for your goals.
Review My Results With JulieA payment is more than principal and interest.
Property taxes, homeowners insurance, mortgage insurance, HOA dues, and other costs may also be part of the monthly total.
Affordable is personal.
A qualification ceiling and a comfortable payment are not always the same. Your goals, savings, and lifestyle matter.
Break-even matters.
For a refinance, compare closing costs and monthly savings with how long you expect to keep the new loan.
No pressure. Just honest guidance.
Want real numbers for your situation?
A calculator can estimate the numbers. Julie can help you understand them.