Mortgage Calculator

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
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Your mortgage payments over 30 years will add up to $0.
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Down Payment

The typical rule of thumb is to pay 20 percent of the home's price as your down payment, although some mortgage loans require as little as 3.5 percent down. Your down payment reduces the total amount of your mortgage loan, so the more money you put down, the lower your payments will be - or the more expensive a house you can buy.

Loan Term

Your loan program can affect your interest rate and monthly payments. Choose from 30-year fixed, 15-year fixed, and more in the calculator.

Loan Type

There are several types of mortgage loans, but the most commonly used are fixed-rate and adjustable-rate loans. Fixed-rate loans have the same interest rate for the entire duration of the loan. That means your monthly payment will be the same, even for long-term loans, such as 30-year fixed-rate mortgages. Two benefits to this loan type are stability, and being able to calculate your total interest up front. Adjustable-rate mortgages (ARMs) have interest rates that can change over time. Typically they start out at a lower interest rate than a fixed-rate loan, and hold that rate for a set number of years, before changing interest rates from year to year. For example, if you have a 5/1 ARM, you will have the same interest rate for the first 5 years, and then your interest rate will change from year to year. The main benefit of an adjustable-rate loan is starting off with a lower interest rate.

Interest Rate

This field is pre-filled with the current average mortgage rate. Your actual rate will vary based on factors like credit score and down payment.

Property Tax Rate

The mortgage payment calculator includes estimated property taxes based on the home's value. You can edit this in the advanced options.

Home Insurance

Home insurance or homeowners insurance is typically required by lenders, depending on the loan program. You can edit this number in the mortgage calculator advanced options.

HOA Fees

A homeowners association fee (HOA fee) is an amount of money that must be paid monthly by owners of certain types of residential properties, and HOAs collect these fees to assist with maintaining and improving properties in the association.

What Our Clients Say

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delikanakis

We moved to Oahu during the pandemic and trying to find a house during quarantine orders was not possible. We found ourselves shopping online for a home. David helped us navigate the ins and outs of buying in Hawaii. We never thought we would buy a home “virtually,” but David was incredibly accommodating from FaceTime walkthroughs to measuring rooms. Any time we had a question, he immediately responded with the answer, or researched the question and got back to us quickly. He knows his neighborhood, and made us feel comfortable buying “sight unseen.” He has gone far and above the normal responsibilities of a realtor. Even after we closed on the house, he is still making sure we are well taken care of now that we are in our new home. David is top notch.

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David was the best realtor I could ask for. Not only is he super timely with his responses, but he is the first to get things done.David has gone above and beyond for me, and was the best and smoothest selling experience I’ve had! He also was the one who helped us buy this home, so a win win, there!

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I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of John Climaldi, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.