Estimate your monthly mortgage payment and see how much home you can afford. Adjust the inputs to explore different scenarios.
$80,000
Monthly Payment (P&I)
$1,937.12
See today's national average mortgage rates and historical trends.
The amount you borrow to purchase your home. A larger down payment means a smaller principal and lower monthly payments.
The cost of borrowing money. Even a small rate difference can mean tens of thousands of dollars over the life of your loan.
Shorter terms (15 years) have higher monthly payments but save significantly on total interest compared to 30-year loans.
Learn proven strategies to qualify for better mortgage rates and save thousands over the life of your loan.
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