(559) 272-9676

Mortgage Calculator

Budgeting for your new home can be confusing and challenging. Use our free mortgage calculator to better understand which home makes the most financial sense for you. If you’d like to talk to one of our agents about your financial questions, send us a message through our contact form.

How to Use the Free Mortgage Calculator

This mortgage calculator helps you estimate your monthly payment on the home of your dreams. Simply enter the price of the home, your down payment, and details about the home loan to calculate your mortgage payment breakdown, schedule, and more.

Our mortgage payments calculator can help you quickly estimate the monthly mortgage payments for your new home, including taxes, insurance and PMI. Here is what you’ll need to use the mortgage calculator: to help you understand the mortgage calculations:

Total Amount: This is the total listing price of the home that you’re interested in. You can also list the amount that you plan on making an offer for or a range to give you a realistic idea while shopping.

Down Payment: What are you willing to put down as a down payment on your home? Most home loans require a down payment of at least 3%. Note: A higher down payment lowers your monthly payment.

Interest Rate: Not sure what your interest rate might be? Click to look at current average mortgage rates. Your actual rate will vary based on factors like credit score and down payment.

Amortization Period: This is how long it will take you to repay your loan in full. Standard periods are 15-years to 30-years.

Payment Period: How often do you want to make payments and/or account for payments? Usually, homebuyers pay on a monthly basis.

We hope that we can help you find your dream home and an affordable home mortgage loan!