Use our US mortgage calculator to estimate monthly payments based on home price, down payment, interest rate and term.
Use our US mortgage calculator to estimate monthly payments based on home price, down payment, interest rate and term.
This calculator gives home buyers a fast way to compare monthly payment scenarios before contacting a lender.
You can adjust the down payment, interest rate and term to see how affordability changes.
In the US, lenders also consider credit score, debt-to-income ratio, taxes, insurance and closing costs.
This is a simple estimate only and not financial advice. Actual loan terms depend on lender rules, taxes, insurance, credit score, debt-to-income ratio and closing costs.
| Item | Value |
|---|---|
| Home price | $450,000 |
| Down payment | $90,000 |
| Rate | 6.25% |
| Term | 30 years |
| Mortgage type | Repayment |
What affects my monthly payment?
The biggest factors are the loan amount, interest rate, loan term and whether the mortgage is repayment or interest-only.
Is this a lender quote?
No. This is a planning estimate only and should be used for comparison, not as a guaranteed offer.
Why are there pages for cities, salaries and deposits?
These pages help visitors compare more specific scenarios and make the site easier to navigate.