Payment calculator

A starting place: a rough monthly payment for a home price. Every number here is an estimate.

Home price

Down payment

Interest rate

Starts at 7.40% (sample rate, Freddie Mac PMMS week of October 15, 2026). Change it to try others.

Loan term

Optional

Pick a property tax rate or type your own amount. Leave insurance blank for a rough estimate.

Property taxes / year

Usually 0.8–1% of the price for a home you live in; up to 2% for rentals and second homes.

Insurance / year

HOA dues / month

Estimated monthly payment

$3,056

Principal & interest$2,493

Property taxes (est. 1%)$333

Homeowners insurance (est.)$167

Mortgage insurance (est.)$63

Loan amount$360,000

Down payment$40,000

Interest over 30 years$537,324

Paid offOct 2056

Estimates only, not a loan offer or a promise of any rate or payment. Example: $400,000 price, 10% down ($40,000), 30-year fixed, 360 monthly payments at 7.40% (7.759% APR). APR is an estimate that assumes 1% of the loan in prepaid finance charges, plus any mortgage insurance and financed FHA/VA fees. Property taxes are estimated at 1% of the price; insurance is a rough estimate unless you enter your own; mortgage insurance is a rough conventional-loan estimate and usually ends once you reach enough equity. FHA and VA loans have different fees. Your actual rate and payment depend on your credit, the property, and the lender you choose.