Estimate your monthly mortgage payment by entering the following details:
List Price: The total amount you expect to pay for the home.
Down Payment: The portion of the home price you’ll pay upfront. A down payment under 20% may require Private Mortgage Insurance (PMI).
Loan Term: The repayment period for your loan. Longer terms typically lower your monthly payment but increase total interest. Shorter terms may raise your monthly payment but reduce interest over time.
Interest Rate: The annual cost of borrowing, expressed as a percentage of your loan amount.