Mortgage Calculator Help

Our mortgage payments calculator can help you quickly estimate the monthly mortgage payments for your new home, including taxes, insurance and PMI. Here’s the info you’ll need to enter into the mortgage calculator:

down.png

Down Payment

Most home loans require a down payment of at least 3%.

A higher down payment will lower

your monthly payment

 
homeloan.png

Loan Program

Your loan program can affect your interest rate and monthly payments. Choose from 30-year fixed, 15-year fixed, and 5/1 ARM in the calculator.

 
tax.png

Property Tax

The mortgage payment calculator includes estimated property taxes based on the home's value.

You can edit this in the advanced options.

price.png

Home Price

Enter the purchase price of the home you want to buy.

You can also enter the amount

that you think you will offer.

 
interst.png

Interest Rate

This is pre-filled with the current average mortgage rate. Your actual rate will vary based on factors like credit score and down payment.

 
insurance.png

Home Insurance

Home insurance or homeowners insurance is typically required by lenders. You can edit this number in the mortgage calculator advanced options.