Mortgage Calculator

Calculate your monthly mortgage payment and see how different loan terms affect your budget. Get accurate estimates for principal, interest, taxes, and insurance.

Loan Details

$
$20.0%
%

Additional Monthly Costs

$
$
$

Required if down payment < 20%

$

Monthly Payment Breakdown

$400
Total Monthly Payment
Principal & Interest$1,517
Property Tax$300
Home Insurance$100

Loan Summary

Loan Amount:$240,000
Total Interest:$-240,000
Total Paid:$0

Popular Loan Programs

Conventional Loan

Down Payment:3% - 20%
Current Rate:6.2% - 6.8%
Loan Limit:$766,550

Most flexible loan option with competitive rates for qualified borrowers.

FHA Loan

Down Payment:3.5%
Current Rate:6.0% - 6.6%
Loan Limit:$498,257

Government-backed loan with lower down payment and credit requirements.

VA Loan

Down Payment:0%
Current Rate:5.8% - 6.4%
Loan Limit:No limit

Exclusive benefit for veterans and active military with no down payment required.

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