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.

Payment

Schedule

Your mortgage payments over 30 years will add up to $0.

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Mortgage Help

Down Payment

The typical rule of thumb is to pay 20 percent of the home's price as your down payment, although some mortgage loans require as little as 3.5 percent down. Your down payment reduces the total amount of your mortgage loan, so the more money you put down, the lower your payments will be - or the more expensive a house you can buy.

Loan Term

Your loan program can affect your interest rate and monthly payments. Choose from 30-year fixed, 15-year fixed, and more in the calculator.

Loan Type

There are several types of mortgage loans, but the most commonly used are fixed-rate and adjustable-rate loans. Fixed-rate loans have the same interest rate for the entire duration of the loan. That means your monthly payment will be the same, even for long-term loans, such as 30-year fixed-rate mortgages. Two benefits to this loan type are stability, and being able to calculate your total interest up front. Adjustable-rate mortgages (ARMs) have interest rates that can change over time. Typically they start out at a lower interest rate than a fixed-rate loan, and hold that rate for a set number of years, before changing interest rates from year to year. For example, if you have a 5/1 ARM, you will have the same interest rate for the first 5 years, and then your interest rate will change from year to year. The main benefit of an adjustable-rate loan is starting off with a lower interest rate.

Interest Rate

This field is pre-filled with the current average mortgage rate. Your actual rate will vary based on factors like credit score and down payment.

Property Tax Rate

The mortgage payment calculator includes estimated property taxes based on the home's value. You can edit this in the advanced options.

Home Insurance

Home insurance or homeowners insurance is typically required by lenders, depending on the loan program. You can edit this number in the mortgage calculator advanced options.

HOA Fees

A homeowners association fee (HOA fee) is an amount of money that must be paid monthly by owners of certain types of residential properties, and HOAs collect these fees to assist with maintaining and improving properties in the association.

What My Clients Say

Nancy Villamar

Selling a home from another state seemed daunting until a close friend of mine raved about her amazing experience and connected us with Ana Porto. From day one, Ana was an angel sent from above—guiding us through every step with unparalleled professionalism and genuine care. Her detailed explanations both in English and Spanish made the process seamless, and her dedication to going above and beyond ensured our home was in perfect condition for sale. Not only did we find an exceptional realtor, but we also gained a unique friend. Everyone needs an Ana in their life! If there were a higher rating than five stars, she’d deserve it. Highly recommend her services to anyone in need of a top-notch real estate professional.

Madeline Quinones

Me and my husband were able to get our dream home in Lavon Tx as first time homebuyers! All thanks to Ana who was amazing and very helpful. As first time homebuyers she helped us with the whole process. She was always there if we had any questions or problems. I will most definitely be referring her to anyone who needs a realtor in the future.

Richard Watson

Anna was an excellent real estate agent. I have dealt with many agents in the past 40 years and of all of them she was the best. Provided me with the market conditions and comps very professionally. Went beyond assisting us getting moved and finding contractors to finish up some loose details that I was not able to do. The house was sold in a matter of days instead of weeks. Highly recommend her for any type of listing. Rick Watson

Ana has helped me with buying and selling two homes. She truly cares for her clients and goes above and beyond without hesitation. I would recommend her to anyone looking to sell or buy their home.

Jacob Patterson

Ana is the nicest and most flexible realtor I've ever worked with. She's very nice and easy to work with and will shoot you straight on properties you are looking at. If you're looking for a realtor that is there for you and your best intetest not just there for their own commission then Ana is perfect.

Roxanne Frederick

I have had the pleasure of working with Ana on several transactions, and each time she has been a dream to work with! Her attention to detail and knowledge makes for a seamless transaction. She is very kind, caring and professional and I would highly recommend her!

Ana Porto

Realtor | License ID: 0578764

+1(469) 767-5437 | theanaportoteam@gmail.com