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Mortgage Calculator

Get instant, accurate mortgage estimates with our advanced calculator. See your true monthly costs and total loan impact.

$1.2M+Average Home Value
6.5%Current Rates
30Year Terms

Loan Details

Enter your loan information to get started

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$100K
$
%
%
Current market rate: 6.5%
For local tax estimates

Your Monthly Payment

$0/month

Payment Breakdown

Principal & Interest
$0
Property Taxes
$500
Insurance
$100

Loan Summary

Loan Amount$960,000
Total Interest$0
Total Cost$0
Payoff Date2055

Simple steps to get pre-approved

Getting pre-approved for a mortgage is one of the most important steps in the homebuying process. It shows sellers you're a serious buyer and gives you a clear budget to work with. We'll connect you with our trusted lending partners to get you pre-approved quickly.

1

Share a few details

Tell us about your income, credit, and home goals—we'll connect you with our lending partners who can get you pre-approved in minutes.

2

See your homebuying budget

You'll get a clear picture of exactly how much you can get pre-approved for—so you know your price range before you shop.

3

Get your pre-approval letter

Receive your pre-approval letter instantly so you can start touring homes with confidence and make stronger offers.

Connect with our trusted lending partners

Why get pre-approved?

Stronger offers

Sellers prefer buyers with pre-approval letters, giving you a competitive edge.

Faster closing

Pre-approval speeds up the loan process, helping you close on time.

Know your budget

Understand exactly how much you can afford before you start shopping.

Negotiating power

Pre-approval gives you confidence to negotiate the best deal.

Understanding Your Mortgage

Principal & Interest

The core of your mortgage payment, covering the loan amount and interest charges.

Property Taxes

Annual taxes based on your home's assessed value, typically paid monthly through escrow.

Insurance

Homeowners insurance protects your property and belongings from damage or loss.

PMI

Private Mortgage Insurance required when your down payment is less than 20%.

Compare Rates & Historical Trends

See how current mortgage rates compare and track trends over the past 12 months.

15-Year Fixed

6.25%
-0.125%
Down from last month

20-Year Fixed

6.375%
-0.125%
Down from last month

30-Year Fixed

6.5%
-0.125%
Down from last month

12-Month Rate Trends

Interactive rate trend chart would be displayed here

Data updated daily from major lenders