Mortgage Calculator

Enter the price of the home, your down payment, and a few details about your new home and loan terms to estimate your monthly payment breakdown.
Principal and interest $5,366 41%
Property tax $1,194 32%
Home insurance $948 26%
Select your state, property taxes and interest rates can vary by location.
Home price
Invalid home price
Enter the purchase price of the home you want to buy. You can also enter the amount that you think you will offer.
Down payment
The down payment can't be negative or exeed the home price
Most home loans require a down payment of at least 3%.
Interest rate
Invalid rate
Enter an interest rate or we'll use the US weekly average.
Mortgage type
This calculator estimates payments for a 30-year fixed loan program. Your loan program can affect your interest rate and monthly payments.

Interest rate is estimated based on the US Weekly Average from the Freddie Mac Primary Mortgage Market Survey®. Your actual rate will vary based on a number of factors including your down payment, credit score, and the length of the loan.

Property tax is estimated based on the Mean Effective Property Tax by State from the Census Bureau Survey. Annual homeowner's insurance is estimated based on the 2011 Federal Reserve Bureau Report. Your actual costs may vary from these estimates.

Conventional loans may also require private mortgage insurance (PMI) if your down payment is less than 20%.

This monthly payment estimate is offered for educational purposes only. Opendoor Labs, Inc. is not a lender and this estimate does not constitute a loan offer. Be sure to consult an official loan estimate before choosing a loan.