Mortgage Calculator

Use our property loan calculator to estimate your mortgage payment. Simply enter the price of the property, your down payment, and details about the property loan to calculate your mortgage payment breakdown.

Property price (USD)
Down Payment (USD)
%
Loan program (Years)
Interes rate (%)
Property tax(USD/Year)
%
Property Insurance(USD/Year)
HOA dues(USD/month)

Your payment is
Additional resources

Still confused?

Our mortgage payments calculator can help you quickly estimate the monthly mortgage payments for your new property. Here’s the info you’ll need to enter into the mortgage calculator:

Property Price

Enter the purchase price of the property you want to buy. You can also enter the amount that you think you will offer.

Down Payment

Most property loans require a down payment of at least 3%. A higher down payment will lower your monthly payment.

Loan Program

Your loan program can affect your interest rate and monthly payments. Choose from 30-year fixed & 15-year fixed in the calculator.

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.

Property Tax

The mortgage payment calculator includes estimated property taxes based on the property's value. You can edit this in the advanced options.

Property Insurance

Property insurance or property owners insurance is typically required by lenders. You can edit this number in the mortgage calculator advanced options.

Homeowner association(HOA)

Owners of condos or townhomes are required to pay homeowners association dues (known as HOA fees), to cover common amenities or services within the property such as garbage collection, landscaping, snow removal, pool maintenance, and hazard insurance.