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Mortgage & extra-payment calculator

Adjust the example to explore your budget. The interest rate is an illustration, not an available offer.

Home price ($)Down payment ($)Illustrative interest rate (%)Loan term (years)Annual property taxes ($)Annual homeowners insurance ($)Monthly HOA / association dues ($)Monthly mortgage insurance ($)Extra principal each month ($)

Estimated monthly payment

$2,206.58

Principal & interest: $1,706.58
Loan amount: $270,000.00
Taxes, insurance, HOA & mortgage insurance: $500.00

Estimates assume a fixed interest rate and monthly payments. Upfront fees, funding fees, prepaid items and changes to taxes, insurance or mortgage insurance are not calculated. Enter any monthly mortgage insurance yourself; it is not calculated automatically. Extra payments must be applied to principal by your servicer. This tool does not determine eligibility, provide an APR or constitute a loan offer. No inputs are sent or saved.

Use estimates to start a conversation

Include realistic taxes, homeowners insurance, mortgage insurance and association dues. These amounts vary by property and can change after closing.

Compare a shorter payoff

Enter an extra monthly principal amount to estimate the change in payoff time and interest. Ask your servicer how to direct additional funds to principal.