Mortgage Loan Payment Calculator

Get answers for “how much will my monthly payment be?” and “how much home can I afford?”

Instructions

Enter the loan amount in the Purchase Price field, loan term and interest rate in the fields provided.

Or, you can slide the triangle to your desired amounts. Then click “Calculate.”

Questions?

Get in touch with a MikkiMoves agent to help you find and finance the home you want. Contact us

Purchase price
Please enter here the amount you expect to pay for a home.
Enter a value
Down payment
Down payment is cash that you pay upfront for your home.
10.0%
Enter a value
Term in years
Number of years you have to pay.
years
Enter a value
Interest rate (per year)
The percentage of interest that you will pay on your mortgage for a specific term.
%
Enter a value
Property tax
Enter your property tax here if you know it.
per year
Enter a value
Home insurance
Most lenders require home insurance. Enter its price here.
per year
Enter a value
PMI
PMI is Private Mortgage Insurance which is usually required to pay if your Down payment less than 20%.
per month
Enter a value

Your total monthly payment

$

Principal & Interest
$