Powered by MoneyGeek.com

What's my monthly mortgage payment?

Home Price
Enter the property's fair market value, or the price you expect to pay for the home.
Down Payment
Your down payment is the initial cash amount due from you that you pay at closing. It is expressed as a percentage of the purchase price or home value. The amount your lender may require as a down payment can vary dramatically, depending on the type of loan you have, the value of the home and your credit score. The default down payment percentage of 20% is the most common.


Please fill out one of the field above

Term of Loan (Years)
The length of the loan repayment period, typically 30 or 15 years
Annual Interest Rate
Interest is the amount your lender charges for loaning you money. The interest is stated as a percentage of the total loan value. The default interest rate is based on today's rate for a 30-year fixed term loan, which is one of the most common types of mortgages.

Scroll down for results.

Please fill out the fields on the left.

Click Update Results to refresh.
Monthly Payment $0
Breakdown of total housing payments Hover over the chart for more details.
Lender apr / rate Monthly Payment more
What goes into these rates and the monthly payment calculation?

Loan terms vary based on your individual situation as well as current market conditions. These rate quotes from lenders are based on the following assumptions:

  • The mortgage is to purchase an owner-occupied single-family property

  • A purchase price of no more than $417,000

  • Buyer paying 20% down, for a loan-to-value ratio (LTV) of 80%

  • Buyer with an excellent credit score (typically 740 or higher)

  • Rate lock period of 45 days

  • Discount points to pay down the rate, as specified

  • Fixed-rate loan with a term of either 15 or 30 years, as specified

Rates and monthly payment estimates are for principal and interest only and do not include origination fees or other closing costs, taxes, or premiums for mortgage insurance or other insurance.

Annual Percentage Rate (APR) includes the cost of prepaid finance fees (labeled in the listing as "Fees"?) as defined by the Federal Reserve Board’s Regulation Z to implement the Truth in Lending Act.

State and county maximum loan amount restrictions may apply. Some loan products or lenders may not be available in all states. Rates may change without notice. Prospective borrowers should contact the lender directly for the most accurate rate quotes.