Mortgage Calculator

This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate.

This mortgage calculator is a budgeting tool that explains only the theory of a mortgage. For an accurate mortgage quote please contact a mortgage specialist.

Purchase & Financing Information

Sale Price of Home:   (In Dollars)
Percentage Down:   %
Length of Mortgage:   years
Annual Interest Rate:   %