Payment and amortization
Mortgage payment calculator
Estimate principal, interest, taxes, insurance, association dues, and the amortization path.
Principal and interest—
Estimated tax—
Estimated insurance—
Estimated total payment—
Total interest over term—
View first-year amortization
| Month | Principal | Interest | Balance |
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Calculator results are hypothetical educational estimates, are not guaranteed, and are not a commitment to lend or a pre-approval. Actual payments can include taxes, insurance, mortgage insurance, association dues, and other costs. Rates, fees, programs, and guidelines are subject to change. Consult a licensed mortgage professional for a personalized review.
Monthly payment—
Bi-weekly payment—
Time saved—
Estimated interest saved—
Calculator results are hypothetical educational estimates, are not guaranteed, and are not a commitment to lend or a pre-approval. Actual payments can include taxes, insurance, mortgage insurance, association dues, and other costs. Rates, fees, programs, and guidelines are subject to change. Consult a licensed mortgage professional for a personalized review.
Estimated home price—
Estimated loan amount—
Principal and interest—
Taxes and insurance—
Calculator results are hypothetical educational estimates, are not guaranteed, and are not a commitment to lend or a pre-approval. Actual payments can include taxes, insurance, mortgage insurance, association dues, and other costs. Rates, fees, programs, and guidelines are subject to change. Consult a licensed mortgage professional for a personalized review.
Income and obligations
Qualifying loan calculator
Estimate a maximum loan using gross monthly income, recurring debts, a target debt-to-income ratio, and housing costs.
Maximum housing payment—
Available principal and interest—
Estimated maximum loan—
Estimated purchase price—
Calculator results are hypothetical educational estimates, are not guaranteed, and are not a commitment to lend or a pre-approval. Actual payments can include taxes, insurance, mortgage insurance, association dues, and other costs. Rates, fees, programs, and guidelines are subject to change. Consult a licensed mortgage professional for a personalized review.
Estimated rent paid—
Estimated ownership outlay—
Estimated equity—
Net ownership cost after equity—
Estimated difference—
Calculator results are hypothetical educational estimates, are not guaranteed, and are not a commitment to lend or a pre-approval. Actual payments can include taxes, insurance, mortgage insurance, association dues, and other costs. Rates, fees, programs, and guidelines are subject to change. Consult a licensed mortgage professional for a personalized review.
Current payment—
Proposed payment—
Estimated monthly change—
Break-even estimate—
New loan amount—
Calculator results are hypothetical educational estimates, are not guaranteed, and are not a commitment to lend or a pre-approval. Actual payments can include taxes, insurance, mortgage insurance, association dues, and other costs. Rates, fees, programs, and guidelines are subject to change. Consult a licensed mortgage professional for a personalized review.
Payment versus total interest
15-year versus 30-year calculator
Compare monthly principal and interest, lifetime interest, and payoff speed across two fixed-rate terms.
15-year term
Monthly payment—
Total interest—
30-year term
Monthly payment—
Total interest—
Monthly payment difference—
Interest difference—
Calculator results are hypothetical educational estimates, are not guaranteed, and are not a commitment to lend or a pre-approval. Actual payments can include taxes, insurance, mortgage insurance, association dues, and other costs. Rates, fees, programs, and guidelines are subject to change. Consult a licensed mortgage professional for a personalized review.
Temporary payment reduction
3-2-1 buydown calculator
Estimate the temporary payments and subsidy required when the effective rate is reduced by three, two, and one percentage point during the first three years.
Year 1 payment—
Year 2 payment—
Year 3 payment—
Year 4+ payment—
Estimated buydown subsidy—
Calculator results are hypothetical educational estimates, are not guaranteed, and are not a commitment to lend or a pre-approval. Actual payments can include taxes, insurance, mortgage insurance, association dues, and other costs. Rates, fees, programs, and guidelines are subject to change. Consult a licensed mortgage professional for a personalized review.
