As you start taking the first steps toward homeownership, it’s important to have an understanding of what your monthly house payment might be, so you can best prepare for what’s ahead. The amount you’ll pay is dependent on your home price, down payment percentage, loan type, and interest rate. Use the calculator below to estimate your costs.
Sales Price Required
Sales Price should be greater than $0 and less than $99,999,999
Down Payment Required
Down Payment should be less than or equal to the Sales Price
Down Payment should be greater than $0 and less than $99,999,999
Mortgage Term Length*
Mortgage Term Length Required
Annual Interest Rate Required
The Annual Interest Rate should be greater than 0% and less than 100% with 3 decimal digits
**Assumptions. You are purchasing a single family home and primary residence. Rate is fixed. Debt-to-income ratio is less than 41% and excellent credit. These assumptions are subject to change without notice.
Principal & Interest
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*This mortgage calculator is for illustrative purposes only and is not a guarantee. The monthly payment illustraion on this tool does not include amounts for property taxes, insurance premiums, homeowner’s association dues, or other factors that potentially could effect your monthly payment. Therefore, your actual monthly payment will be higher. Interest rates change frequently and without notice. Finacing availability and terms will depend on your situation.
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