Estimate your future mortgage payments.

To get a better sense of the total costs of buying a home, use our home mortgage calculator to estimate monthly payments including principal, interest, taxes and insurance*.

Mortgage payment calculator
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Mortgage calculator FAQ

The free mortgage calculator is a versatile tool, as useful to an individual casually researching properties as it is to someone on the cusp of making a purchase. Let's take a moment to go through the various moving parts of the home loan calculator to get a better understanding of what future mortgage payments might be by providing information for the following fields:

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The total sale price of a property agreed upon between buyer and seller.

The portion of the home's purchase price you pay upfront in cash, reducing the amount you need to finance.

The original loan amount borrowed, not including interest or other costs.

The percentage charged by your lender for borrowing the loan amount, expressed as an annual rate.

The length of time you have to repay your mortgage, typically 15, 20, or 30 years.

Taxes assessed by your local government based on your home's value, often collected monthly as part of your mortgage payment.

A policy that protects your home and belongings against damage or loss, typically required by lenders and included in your monthly payment.