Home Mortgage Calculator
Learn > Home Mortgage Calculator
Use our free home mortgage calculator to estimate your monthly mortgage payment, including principal, interest, taxes, and insurance. Whether you’re buying your first home or refinancing your current mortgage, this calculator helps you see what fits comfortably within your budget.
How to Use the Home Mortgage Calculator
Enter your home price or the amount you’d like to borrow.
Adjust the down payment to see how it impacts your monthly cost.
Choose your loan term and interest rate. For example, 30 Yr.
Add taxes and insurance. These provide for a more complete estimate.
Why This Matters Before You Apply
Understanding your potential payment helps you:
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Know your maximum home-buying budget
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Evaluate how interest rate changes affect affordability
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Decide how much to put down upfront
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Avoid surprises once you reach the underwriting stage
A few minutes here can save you hours later — and position you as a stronger buyer when you’re ready to get pre-approved.