Mortgage Payment Calculator

Wondering what a mortgage looks like broken down into monthly payments? Or how decreasing your down payment will impact what you pay over time? Use our calculators to run the numbers for yourself.


Enter the sales price or the amount you plan to offer on a home.


You can enter a dollar amount or percentage. Some programs allow down payments as low as 3%. Just remember, the more you put down, the less your payment will be.


Your actual interest rate will be determined by your credit score, loan type and other factors.

Choose the length of the loan term you plan to use.


Enter the annual property taxes associated with the home you are purchasing. Many property listings include this information.


Estimate the annual home insurance costs of the home you are purchasing.

Your estimated monthly payment is
30 year fixed loan
Principal & Interest
Property Taxes
Home Insurance
Total Payment

These calculations are tools for learning more about the mortgage process and are for educational/estimation purposes only. Calculator results are rounded down to the nearest dollar. Payment shown includes taxes and insurance (if entered into scenario) and mortgage insurance (if applicable). This does not constitute an offer or approval of credit. Contact a PrimeLending home loan officer for actual estimates.

For example, a Conventional fixed rate loan with the terms purchase price of $312,500, on a loan term of 360 months, down payment of 20%, and an interest rate of 6.625%, will result in an annual percentage rate of 6.716% with $3,448.12 in APR fees. Rate pulled 11/28/22, rates change daily. Loans are subject to borrower qualifications, including income, property evaluation, and final credit approval.

See Complete payment schedule

Total Principal:

Loan Term 30 Yr Fixed 15 Yr Fixed 30 Yr Adjustable
Monthly Payment $1,176 $1,243 $1,092
Mortgage Rate 3.75%
Total Costs $133,443 $51,912 $133,459

Based on the numbers you provided, here is your mortgage estimate. Want to see other options? Just enter new numbers to calculate and compare.

Ready to get started?
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