Home Mortgage Calculator

Looking to buy your dream home or refinance your current mortgage at a lower rate? Use our Mortgage Calculator to compare monthly payment amounts, taxes, interest, and more.

Monthly payment
Monthly tax
Annual payment
Total tax payment
Interest paid
Total amount paid
Payoff date

Mortgage Calculator FAQs

1. Does this calculator tell me if I’m approved for a mortgage or not?

No. This calculator simply lets you see different monthly payment amounts, interest accrued, taxes, and more based on the inputs you provide. To find out if you qualify for a mortgage, see our Mortgage Marketplace where we’ve partnered with Zillow.

2. Where can I find mortgage interest rates?

Check our Mortgage Marketplace brought to you in partnership with Zillow to find current rates on mortgages.

3. What down payment amount should I enter?

Typically, you’ll need to put down approximately 5 to 20 percent of the total cost as a down payment. However, that depends on the type of mortgage as some types do not require you to put any money down. See our post on “How to Get a Mortgage for the First Time” as well as “7 Programs to Consider If You Have a Small Down Payment” for more information.

4. Where can I learn more about mortgages and buying a house?

See our most popular posts here:

Interested in refinancing student loans?

Here are the top 6 lenders of 2017!
LenderRates (APR)Eligible Degrees 
Check out the testimonials and our in-depth reviews!
2.81% - 7.12%Undergrad
& Graduate
Visit SoFi
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& Graduate
Visit Earnest
2.81% - 7.12%Undergrad
& Graduate
Visit CommonBond
2.99% - 6.99%Undergrad
& Graduate
Visit Laurel Road
2.58% - 7.26%Undergrad
& Graduate
Visit Lendkey
2.79% - 8.24%Undergrad
& Graduate
Visit Citizens
Advertiser Disclosure

Student Loan Hero Advertiser Disclosure

Our team at Student Loan Hero works hard to find and recommend products and services that we believe are of high quality and will make a positive impact in your life. We sometimes earn a sales commission or advertising fee when recommending various products and services to you. Similar to when you are being sold any product or service, be sure to read the fine print, understand what you are buying, and consult a licensed professional if you have any concerns. Student Loan Hero is not a lender or investment advisor. We are not involved in the loan approval or investment process, nor do we make credit or investment related decisions. The rates and terms listed on our website are estimates and are subject to change at any time. Please do your homework and let us know if you have any questions or concerns.