|*updated as of quoted rates reflect good credit scores with a 20% down payment on $160,000 home - offer may terminate at any time without notice - rate and annual percentage rate calculated on a 365 day year with typical/normal closing costs, Rates/APRs subject to change with closing costs - properties and applicants must quality - other restrictions may apply.|
This tool will calculate your monthly payment based on the loan amount, interest rate, and term that you provide.
To estimate the benefits of owning a home as opposed to renting, fill in the form below and click the Calculate button.
By entering in your desired monthly payment, interest rate, and term, we can calculate the maximum loan amount you can afford. This calculation does not include any other fees that might be included with your mortgage payments.
This calculator will calculate the breakdown of principal and interest payments for each year that you will be paying for the life of the loan. You can also view the monthly breakdowns.