Skip to main content
Powered byWest Capital Lending, Inc.
Get Pre-Approved

Mortgage Payment Calculator

Put in a price, what you're planning to put down, and a rate you want to test. You'll get the monthly payment, the loan amount, and what the interest adds up to over the life of the loan. Add taxes, insurance, and HOA dues to see the real number rather than just principal and interest.

Your numbers

20% of the price

Change either field — the other follows.

For illustration. Enter any rate you want to test.

Optional

Add these to see the full monthly cost instead of just principal and interest. Leave them at zero if you don't know them yet.

Your estimate

Estimated monthly principal & interest

$4,045.24

Add taxes, insurance, and HOA dues on the left for the full picture.

Principal & interest
$4,045.24
Loan amount
$640,000
$160,000 down (20%)
Total interest over the life of the loan
$816,285
Total of 360 payments
$1,456,285
Principal and interest only.
Get Pre-ApprovedQuestions? Contact Luke

Want this in your inbox?

I can email you this estimate — the numbers you entered, plus the year-by-year breakdown of the loan. Everything stays on screen here either way.

One email, once. Your address is used to send this schedule and nothing else — no list, no follow-up, nothing to unsubscribe from.

The payment assumes a fixed rate held for the full term. Adjustable rate loans, buydowns, and interest-only structures all behave differently, and sometimes one of them is the better fit — that depends on how long you plan to keep the loan.

If the payment here is higher than you'd like, don't assume the price has to come down. Term, structure, and which lender prices the loan all move this number.

Already been quoted by someone? The payment on their Loan Estimate is a real number rather than an illustration — send it over and I'll read the whole form with you.

About these estimates

This calculator is a planning tool. It is not a loan offer, a rate quote, a pre-approval, or a decision about what you qualify for. The rate, term, taxes, insurance, and fees it uses are the ones shown or that you enter — they are for illustration and are not quoted terms.

Estimates exclude mortgage insurance and lender-specific fees unless you enter them, and they assume a fixed rate for the full term. Your actual payment, costs, and eligibility depend on the lender, the property, your credit and income, and a complete application. Before you make a decision on any of these numbers, let's talk through them together.