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How much will my fixed rate mortgage payment be?

This calculator computes the payments (principal and interest) for a fixed rate loan.

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Home price

Down payment

down payment as a percent or in dollars % $

Loan term

term in months or years Months Years

Interest rate

Show payment schedule

Calculator Results

Your payment will be $1,625.12.

Financial Details

Home price	$350,000.00
Down payment	20.000 %
Total amount financed	$280,000.00
Payment amount	$1,625.12
Total payments	$585,044.48
Interest rate	5.700 %
Interest calculated	Monthly
Total finance charge	$305,044.48

Calculator tips

Your payment amount includes principal and interest. It does not include property tax, association dues, private mortgage insurance, and other insurance or costs.

Calculator disclaimer

The information provided by these calculators is intended for illustrative purposes only and is not intended to purport actual user-defined parameters. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results.

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How much will my fixed rate mortgage payment be?

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