1. Set a home-price budget
Start with household income, existing debts and the cash you want to keep after closing. Our home affordability calculator lets you test a budget before you shop. A price estimate is not a preapproval.
Plan your home purchase
Mortgage calculator with taxes, insurance & PMI
Estimate your full monthly mortgage payment by property location and loan type. Compare four scenarios and download a report before buying a home.
Shop for your home loan
Compare mortgage rates and lender quotes
Select your property state or ZIP code in the calculator, then request quotes for that location.
U.S. weekly benchmark: 30-year fixed 6.76%; 15-year fixed 6.09%. Freddie Mac PMMS, . National averages, not local offers.
How planning rates are estimated
For 15- and 30-year VA planning estimates we subtract 0.25 percentage points from the conventional benchmark; for jumbo / non-conforming we add 0.50 points. These are illustrative assumptions, not observed market spreads or lender offers. Jumbo rates can also be lower than conventional. Other terms and products require your own quote. This is a dated snapshot, not a live rate feed.
Request the same loan type, term, purchase price, down payment and rate-lock period from each lender. Credit score, occupancy, points and lender fees can change the quote. This site does not currently retrieve or rank live local lender offers.
Search banks, credit unions and mortgage lenders
18 lenders listed
Bank of AmericaBank · Official website ↗ChaseBank · Official website ↗Wells FargoBank · Official website ↗U.S. BankBank · Official website ↗CitiBank · Official website ↗PNC BankBank · Official website ↗TruistBank · Official website ↗TD BankBank · Official website ↗BMOBank · Official website ↗Regions BankBank · Official website ↗Fifth Third BankBank · Official website ↗KeyBankBank · Official website ↗Citizens BankBank · Official website ↗Huntington BankBank · Official website ↗First Hawaiian BankBank · Official website ↗Bank of HawaiiBank · Official website ↗Navy Federal Credit UnionCredit union · Official website ↗Rocket MortgageMortgage lender · Official website ↗
Independent reference directory, not a complete market list or a ranking. No listed lender sponsors or endorses this calculator. Product availability varies; confirm your ZIP code and loan details on the lender’s website.
Enter and compare up to three lender quotes
Use quotes for the current property and loan settings above. Fields start blank because these are your quotes, not advertised offers. “Save to comparison” applies the rate and adds a snapshot to the calculator’s four-scenario comparison.
APR and points are recorded for comparison; the payment uses the interest rate. Points are upfront costs and are not added to the monthly PITI estimate. A saved quote is not a rate lock or loan approval.
Canadian mortgage assumptions & sources
Fixed-rate calculations use semiannual compounding. Variable-rate calculations use the compounding convention you select. Renewal term and full amortization are separate; the rate after renewal is a scenario you enter. Accelerated biweekly means half the monthly payment every two weeks.
The purchase-price down-payment minimum is 5% up to CA$500,000, then 10% on the portion above that, or 20% for a price of CA$1.5 million or more. This is not an approval test. Enter a quoted insurance premium; taxes on premiums and transfer taxes belong in upfront costs.
Sources checked September 14, 2026: FCAC mortgage calculator, FCAC down payments, Scotiabank compounding convention.
German mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: BaFin mortgage guidance.
French mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: Service-Public.fr mortgage guidance.
Spanish mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: Banco de España mortgage guidance.
Italian mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: Banca d’Italia mortgage guidance.
Dutch mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: AFM mortgage guidance.
Swiss mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: ch.ch mortgage guidance.
Irish mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: Competition and Consumer Protection Commission mortgage guidance.
Japanese mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: Japan Housing Finance Agency mortgage guidance.
South Korean mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: Financial Supervisory Service mortgage guidance.
Chinese mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: People’s Bank of China mortgage guidance.
Philippine mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: Bangko Sentral ng Pilipinas mortgage guidance.
Singapore mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: MoneySense mortgage guidance.
UAE mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: Central Bank of the UAE mortgage guidance.
New Zealand mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: Sorted mortgage guidance.
Mexican mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: CONDUSEF mortgage guidance.
Brazilian mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: Banco Central do Brasil mortgage guidance.
South African mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: National Credit Regulator mortgage guidance.
Hong Kong mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: Hong Kong Monetary Authority mortgage guidance.
Taiwan mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: Central Bank of Taiwan mortgage guidance.
Indonesian mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: Bank Indonesia mortgage guidance.
Malaysian mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: Bank Negara Malaysia mortgage guidance.
Thai mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: Bank of Thailand mortgage guidance.
Vietnamese mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: State Bank of Vietnam mortgage guidance.
Saudi Arabian mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: Saudi Central Bank mortgage guidance.
Israeli mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: Bank of Israel mortgage guidance.
Swedish mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: Finansinspektionen mortgage guidance.
Norwegian mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: Norwegian Ministry of Finance mortgage guidance.
Danish mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: Danish Financial Supervisory Authority mortgage guidance.
Belgian mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: National Bank of Belgium mortgage guidance.
Austrian mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: Austrian Financial Market Authority mortgage guidance.
Portuguese mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: Banco de Portugal mortgage guidance.
Polish mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: Polish Financial Supervision Authority mortgage guidance.
Turkish mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: BDDK mortgage guidance.
Chilean mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: CMF Chile mortgage guidance.
Colombian mortgage assumptions & sources
The calculator loads a sourced minimum-deposit or maximum-LTV basis where one applies. If the country has no universal minimum, it clearly labels the percentage as an editable planning amount. Eligibility, residency, buyer status, property use, valuation and lender rules can require more.
The payment uses a monthly reducing-balance estimate with an editable lender rate and country-appropriate starting term. A renewal field appears only for products commonly modeled with a renewal, repricing or variable-rate scenario. Local purchase taxes, notary or legal charges, insurance, subsidies and tax relief stay as quoted inputs.
Source checked September 15, 2026: Financial Superintendence of Colombia mortgage guidance.
U.K. mortgage assumptions & sources
Repayment and tracker products load the 5% deposit basis supported by the permanent 91–95% LTV Mortgage Guarantee Scheme; lender participation and eligibility still apply. Interest-only loads a clearly labeled 25% planning amount because lenders set their own LTV and repayment-strategy requirements.
Enter the fixed-deal or rate-reset period separately from the full mortgage term. Interest-only leaves a lump sum to repay at the end. Council tax or domestic rates, insurance, service charges, purchase tax and legal fees stay as separate quoted inputs.
Sources checked September 14, 2026: GOV.UK Mortgage Guarantee Scheme and MoneyHelper mortgage options.
Australian home-loan assumptions & sources
Principal-and-interest products load the 5% minimum for eligible buyers under the Australian Government 5% Deposit Scheme. Interest-only loads a 20% planning amount and is not presented as scheme eligibility. Lenders can require more, and LMI may apply outside the scheme.
Interest is estimated from actual elapsed days with a 365-day divisor. A constant 100% offset reduces the interest-bearing balance on eligible variable or interest-only scenarios. Use quotes for LMI, council rates, stamp duty and fees.
Sources checked September 14, 2026: Housing Australia Home Guarantee Scheme, ASIC MoneySmart offset accounts.
Indian home-loan assumptions & sources
The deposit starts at 10%, 20% or 25% using RBI LTV bands and the entered purchase price as a planning proxy. The lender’s sanctioned amount and valuation determine the actual band; stamp duty and registration are outside the financed property value.
EMI is estimated on a monthly reducing balance. Floating-rate mode models one rate change and can compare changing EMI with changing remaining tenure. State taxes, fees and insurance stay as entered quotes.
Sources checked September 14, 2026: RBI housing-loan LTV ratios and floating-rate EMI reset rules.
Buying a home: payment guide & calculation method
Buying a home? Start with the full monthly payment
A mortgage calculator should help you see more than principal and interest. Property taxes, homeowners insurance, mortgage insurance and HOA dues can change the amount you need each month. Enter the home price and down-payment percentage, select the property state or ZIP code, then replace planning defaults with local estimates and a lender quote.
For the homebuying process and comparing Loan Estimates, see the Consumer Financial Protection Bureau’s homebuyer resources.
How this mortgage payment calculator works
The principal-and-interest payment uses the loan balance, monthly interest rate and number of monthly payments. Monthly property tax and insurance estimates are added for PITI. The displayed housing total also includes entered mortgage insurance and HOA dues. Any financed program fee increases the loan balance.
Monthly P&I = L × r × (1 + r)ⁿ ÷ ((1 + r)ⁿ − 1)
L is the financed loan balance, r is the annual interest rate divided by 1,200, and n is the loan term in months. At a 0% interest rate, principal and interest equal the loan balance divided by the number of payments. ARM results on this page use the initial rate; use the real estate finance calculator to explore rate resets.
Mortgage comparisons for homebuyers and loan officers
Save three scenarios and adjust the live fourth scenario. Compare purchase prices, down payments, loan products and interest rates side by side. Export an outlined comparison in Excel, Word, PDF or JPG for a buyer discussion, budgeting session or follow-up with a lender.
Reports use the assumptions entered. They are educational estimates, not a Loan Estimate, underwriting decision, rate lock or commitment to lend. No borrower account or Social Security number is required.
Mortgage calculator questions
What does PITI mean?
PITI means principal, interest, taxes and insurance. This calculator also shows mortgage insurance and HOA dues separately so you can understand the broader monthly housing cost.
Does this calculator include PMI?
Yes. Mortgage insurance is estimated from the selected loan product and editable insurance rate. Conventional PMI, FHA MIP and USDA fees use different assumptions; VA loans do not use monthly mortgage insurance in this model.
How much is the mortgage payment on a $450,000 home?
It depends on the down payment, rate, term and property costs. Open the $450,000 mortgage-payment example, then change the inputs to your own home and lender quote. The purchase price and loan amount are different when you make a down payment.
Does my ZIP code determine my mortgage rate?
Location can affect lender availability and pricing, but it does not determine your rate alone. Credit, down payment, occupancy, loan amount, product, points and lock period matter. The benchmark shown here is national; it is not the lowest rate available in your ZIP code.
What changes when I choose a state?
The property-tax planning rate and dated state typical-home-value reference change. A state value is not a property appraisal, and the state tax average is not a tax bill. Use the annual tax override and your insurer’s quote for a more specific estimate.
Should I use interest rate or APR for the payment?
Use the note interest rate to calculate principal and interest. APR includes certain borrowing costs and helps compare offers. Compare APR alongside points, cash to close and the time you expect to keep the loan.
Is this a bank or mortgage lender?
No. Everyday Finance provides independent calculation tools. The bank directory links to official websites; listing a lender does not imply affiliation, endorsement or approval.
Start with your income
What does $24 an hour mean for your life?
See annual and monthly pay, estimate take-home income, then explore a home budget or savings goal.
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Plan your next money decision
Every calculator includes four-scenario comparisons and one-page Excel, Word, PDF and JPG exports.
01 Mortgage PITI & loan type calculator Compare conventional, FHA, VA, USDA, jumbo and adjustable-rate loans with a state-aware monthly payment breakdown. 02 Hourly wage & paycheck calculator Estimate gross and take-home pay from an hourly wage or annual salary, your work schedule, pay frequency and state. 03 Federal income tax calculator Estimate ordinary federal income tax using 2026 brackets and the standard deduction for single or married-joint filers. 04 Car payment calculator Estimate the payment, amount financed and all-in vehicle cost before discussing monthly numbers with a dealer. 05 Loan payment calculator Compare a fixed monthly payment with the full interest and fee cost before you borrow. 06 Compound interest calculator See the projected balance split between the money you add and the growth that money may earn over time. 07 401(k) & retirement savings calculator Project your 401(k) and retirement savings, contributions and future income. 08 Investment return calculator Measure a completed investment using its change in value, income received, fees and holding period. 09 Inflation calculator See what today’s purchase could cost later and how much buying power the same number of dollars may retain. 10 Debt payoff calculator See the estimated payoff date in months, interest cost, and the time an extra monthly payment may save. 11 How much house can I afford? Turn your income and monthly debts into a home-price planning budget, then see how down payment, rates and local costs change it. 12 Savings goal calculator See how long it could take to reach a savings target, and compare monthly contributions side by side. 13 Regular calculator Work out everyday arithmetic, percentages and quick calculations. 14 Scientific calculator Calculate powers, roots, logarithms and trigonometry in degrees or radians. 15 Real estate finance calculator Independent web tool inspired by the Qualifier Plus IIIx 3415: loans, qualifying and property costs. 16 Social Security retirement calculator Compare estimated U.S. benefits at early, full and delayed retirement ages.