Know Your Payment
What Will It Actually Cost Each Month?
Put in the price and see the whole monthly number, not just principal and interest. The rate starts at the national average and stays editable, so you can replace it with the rate you were actually quoted.
Payment Calculator
Estimate Your Monthly Payment
Estimates Only
No monthly PMI at this down payment on a conventional loan.
- Principal & Interest$2,220
- Property Tax$200
- Homeowners Insurance$100
- HOA$0
- Estimated PMI (May Be Removable Later)$0
National average rate via Mortgage News Daily, as of November 12, 2026.
Get Pre-ApprovedThese figures are estimates only. They are not a rate quote, a commitment to lend or an APR, and they are not an approval. Your actual payment depends on your loan terms, credit, taxes, insurance and mortgage insurance. Talk to a licensed lender for a quote.
What Goes Into The Number
Principal and interest are the loan itself. Property tax and homeowners insurance are usually collected monthly into an escrow account, and HOA dues go to your association. On a conventional loan, private mortgage insurance applies while the loan is above 80 percent of the home price. FHA loans carry an upfront and an annual mortgage insurance premium. VA loans carry a one time funding fee and no monthly mortgage insurance.
Where The Rate Comes From
The rate field starts with the national average from Mortgage News Daily so you can see a complete payment right away. That average is a starting point, not your rate. Type in the rate you were actually quoted and every number updates. Once you type a rate, the calculator never replaces it with an average again.
Then Talk To A Lender
This calculator cannot approve you, and it does not show an APR. When you're ready for a real number, a licensed lender can look at your whole picture. The pre-approval questionnaire takes about two minutes and starts that conversation.
Get Pre-Approved