What will your monthly mortgage payment be? Use this mortgage calculator

A house is the largest purchase most of us will ever make so it's important to calculate what your payment will be and how much you can afford. The mortgage calculator will show you how much your monthly payment will be. It can also show the effect of adding extra payments. Watch our "How To" video on how to use a mortgage calculator.

Mortgage Calculator

Mortgage Payment Calculator

Mortgage amount:	$
Mortgage term:	years or months

Interest rate:	% per year

Mortgage start date:
Monthly Payments:	$


Extra payments
Adding:	$ to your monthly mortgage payment
Adding:	$ as an extra yearly mortgage payment every
Adding:	$ as a one-time payment in
Changes paid off date to:


	Bankrate Recommends: 3 ways to use a mortgage calculator A mortgage calculator can be used for purposes other than estimating a new mortgage payment. Mortgage Rate Trend Index Each week, Bankrate.com surveys experts to gauge which way interest rates are headed on mortgages. What is a mortgage calculator? An online mortgage calculator can quickly predict your mortgage payment and amortization schedule.

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Zip code:

Product:

30 yr fixed average
3.66%

About our rates

Bankrate Recommends:

Mortgage calculator uses

A mortgage calculator can be used for purposes other than estimating a new mortgage payment.

Mortgage calculator perks

Five types of consumers can benefit from using a mortgage calculator to chart their next loan move.

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Compare mortgage rates: Find rates in your area

About this index

Mortgage Overnight Averages

Product	Rate	+/-	Last week
30 yr fixed mtg	3.66%		3.58%
15 yr fixed mtg	2.79%		2.72%
5/1 ARM	2.59%		2.57%
30 yr fixed mtg refi	3.64%		3.57%

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