Planning a purchase?
Mortgage payment calculator
Start with a home price instead of an income. Enter what you'd put down and the rate you're quoted, and see the monthly payment, the interest you'd pay over the life of the loan, and when you'd be finished paying.
Estimated monthly payment
$2,506
- Principal & interest: $2,023
- Property taxes: $333
- Home insurance: $150
Loan amount: $320,000 after a $80,000 down payment
Total interest over the life of the loan: $408,142
Paid off in November 2056
Your balance over time
What's left to repay on the loan after each year. Your home's value and your tax bill can both move, so treat this as a shape, not a promise.
Want a number you can actually use?
A pre-approval tells you and the seller exactly what you can borrow. We work with lenders who answer their phones, and we're happy to make the introduction.
This is an estimate only, not a loan approval or an offer of credit. It assumes a fixed rate and level payments, and doesn't include mortgage insurance, closing costs, or the way taxes and insurance can change year to year. A lender can give you exact numbers.