Mortgage Calculator - Estimate Your Monthly Mortgage Payments

Estimate your Loan payment:

1. Home Value:
2. Down Payment:
3. Down Payment Percent:
4. Loan Term:
  30 years
  20 years
  15 years
  10 years
5. Interest Rate: 2.947% APR Estimated rate, yours may differ.
6. Credit Score:
  Excellent 720+
  Good 680-719
  Fair 640-679
  Poor Below 640
7. Loan Type:
  Purchase Loan
8. Property Tax Rate: Property taxes are generally estimated to be 1.2% of the home's value, but may vary based on your location. Your Loan Officer can help you determine property tax rates in your area.
9. Homeowner’s Insurance: Annual homeowners insurance is typically 0.17% of the home's value but can vary based on insurer.
10. Monthly HOA: An amount of money that must be paid by certain types of residential property owners every month to their homeowners associations (HOAs).

Your Estimated
Monthly Payment:
$954

Principal & Interest (P&I) $600
Taxes & HOA $250
Homeowner’s Insurance $44
PMI $60

Loan Totals:

Purchase Price $150,000
Down Payment $5,250
Total Loan Amount $144,750

PMI The PMI (Private Mortgage Insurance) is a mortgage lenders' protection in the event of a default. PMI is paid monthly as part of your mortgage payment to the lender. Once a borrower has paid the equivalent of the 20% down payment, PMI can be removed from the monthly mortgage payment.