Mortgage Calculator

Estimate your monthly mortgage payment instantly. Adjust price, down payment, rate, and term — no sign-up required.

Home Price$450,000

$100k$2M

Down Payment20% · $90,000

3%50%

Interest Rate6.8%

2%12%

Loan Term

Estimated Monthly Payment

$2,347

Principal & interest only

Loan Amount$360,000

Down Payment$90,000

Total Interest$484,895

Total Cost$934,895

Talk to Mark Davis Real Estate About Pre-Approval

For estimation purposes only. Does not include property taxes, homeowner's insurance, HOA fees, or PMI. Consult a licensed lender for accurate figures.

How to Use This Mortgage Calculator

Enter the home price, your expected down payment, current interest rate, and loan term to get an instant estimate of your principal and interest payment. The calculator updates in real time as you adjust each slider.

What's Not Included

This calculator shows principal & interest only. Your actual monthly payment will also include:

Property taxes (varies by county)
Homeowner's insurance (~0.5–1% of home value annually)
HOA fees (if applicable)
PMI — if your down payment is under 20%

Ready to Buy or Sell?

Mark Davis Real Estate is a top-rated real estate agent who can connect you with trusted local lenders and guide you through every step of the process — from pre-approval to closing day.