MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
$
$
%
%
$ /year
%
Advanced
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Get more info from a local expert!
Full Name
Phone

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Nathan Bolivar, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

DON'T LET THE RATE STOP YOU

Seller credits can help you buy down the interest rate.

If mortgage rates are around 6–7%, that does not always mean you have to accept the headline rate. On the right home, we may be able to negotiate seller credits that can be used toward eligible discount points and financing costs.

1 POINT ≈ 0.25% illustrative rate reduction

What does a mortgage point actually do?

One discount point costs 1% of your loan amount. As a simple example, one point may lower the interest rate by about 0.25 percentage point.

Actual rate reductions vary by lender and daily mortgage pricing. Consult with your mortgage partner.

EXAMPLE

$425,000 Home

5% down gives us an estimated loan amount of $403,750.

EST. LOAN $403,750
NO BUYDOWN
0 Points
6.75%
$0
Point cost
~$2,619/mo
Principal + interest
1 POINT
↓ About 0.25%
~6.50%
~$4,038
1% of loan
~$2,552/mo
~$67/mo lower
2 POINTS
↓ About 0.50%
~6.25%
~$8,075
2% of loan
~$2,486/mo
~$133/mo lower
3 POINTS
↓ About 0.75%
~6.00%
~$12,113
3% of loan
~$2,421/mo
~$198/mo lower
$
THIS IS WHERE SELLER CREDITS MATTER

A 3% seller credit on a $425,000 home is $12,750.

For an eligible transaction, that creates a meaningful pool of money that may be used toward allowable closing costs and financing costs instead of you automatically paying everything out of pocket.

Don't just negotiate the price. Negotiate the payment.
TRY YOUR OWN NUMBERS

Rate Buydown Calculator

See an illustrative estimate of how discount points could change your rate and monthly principal-and-interest payment.

Estimated Loan $403,750
Estimated Point Cost $12,113
Starting Rate 6.75%
Illustrative Rate After Buydown 6.00%
BEFORE $2,619 / month
→
AFTER $2,421 / month
ESTIMATED MONTHLY DIFFERENCE $198/mo

Illustrative educational example only. One discount point equals 1% of the loan amount, but the amount a point reduces the mortgage rate varies by lender, loan program and market pricing. This calculator uses an illustrative 0.25 percentage-point reduction per discount point. Payments shown are principal and interest only and exclude taxes, homeowners insurance, mortgage insurance, HOA fees and other housing costs. Seller credits and rate buydowns are subject to loan-program, lender and transaction requirements.

Price
  • List
  • Mixed
  • Map

10,000+ Properties Available

  • 1
  • 2
  • 3
  • 4
  • 5
  • ...
  • 417