Mortgage calculator
Estimate your monthly payment
Principal and interest at today’s average rate for your loan type, plus property tax, insurance, HOA and mortgage insurance.
Estimated monthly payment
/mo
30-yr fixed at 6.50%
- Principal & interest$2,528
- Taxes & insurance$563
Your down payment20%
- Loan amount
- $400,000
- Mortgage insurance
- None at 20% down
Your loan
Pays back what you borrow, plus interest
- Principal & interest$400,000 over 30 years at 6.50%
- $2,528
Taxes & insurance
The same with any loan
- Property taxesEstimated at 1% of the price a year
- $417
- Homeowners insuranceTypical cost for a home at this price
- $146
Total monthly paymentYour loan plus taxes and insurance$3,091/mo
Monthly costs only. Your down payment and closing costs are paid once, at closing, and aren’t part of this number.
Your rate depends on you. Credit, loan type and points all move it. We can connect you with a lender for a real quote.
Principal · 44% of what you pay$400,000/mo
Interest · 56% of what you pay$510,178/mo
- Interest over the loan
- $0
- Total of payments
- $910,178
- Loan amount
- $400,000
A shorter term raises the payment but cuts the interest sharply. Try the 15-yr fixed above.
An estimate at today’s average rate, not a loan offer.
Get a real quote