How much house can you afford? Want help figuring your monthly payments and the term of your loan? Use our simple mortgage calculator below.
Enter your loan amount, the term of the loan you desire in years (10, 15, 20, or 30), an estimated interest rate and any down payment you plan to put toward your home. Then simply press calculate for your monthly principal and interest payment.
(You may also enter your estimated monthly taxes and insurance to calculate a total monthly mortgage payment.)
Term of loan (years)
years
Loan Amount
Annual Tax
(optional)
Annual Insurance
Interest Rate
%
Monthly Prin & Interest
Monthly Tax
Monthly Insurance
Total Payment
Disclaimer: This mortgage calculator is provided for educational and illustrative purposes only. The accuracy of the calculator and the applicability to your circumstances are not guaranteed. For personal advice regarding your mortgage loan situation, please consult with an Equisouth Mortgage professional.
