Mortgage calculator

Estimate your monthly payment.

Change the price, down payment, rate, and term to see how the numbers move. Start with a quick estimate — you can refine it anytime.

This is a helpful starting point, not a commitment.

Start with the big picture.

This calculator gives you a quick estimate of principal and interest for a fixed-rate loan. Use your best guess on any field you are not sure about — you can update the numbers anytime to compare scenarios.

Enter the home price you have in mind. If you are still browsing, use a rough estimate to compare scenarios.

20%

A higher down payment lowers the loan amount and may reduce PMI. Many buyers put down less than 20%, especially first-time buyers.

Not sure of your rate yet? Use a reasonable estimate now. If you have been preapproved, use that rate for a more accurate result.

Loan Term

A 30-year term usually means a lower monthly payment. A 15-year term often costs more each month but can reduce total interest significantly.

Estimated monthly principal and interest$2,023

Based on the numbers you entered for a fixed-rate mortgage.

Principal 44%Interest 56%

On a 30-year loan at 6.5%, about 56% of your total payments go toward interest.

Estimated loan amount after down payment$320,000
Estimated total interest over the full loan term$408,142

This estimate covers principal and interest only. It does not include taxes, insurance, PMI, or HOA fees. An Intra officer can give you a complete monthly cost breakdown.

Want a more exact estimate?

An Intra loan officer can review this scenario with your real numbers and help you understand what may change. No hard credit pull required.

Talk to an Intra loan officer →

What this estimate includes

Included

  • Monthly principal and interest on a fixed-rate loan
  • Estimated loan amount after your down payment
  • Total interest paid over the full loan term

Not included

  • Property taxes, homeowners insurance, and HOA fees
  • Private mortgage insurance (PMI)
  • Closing costs and prepaid items

How to use this calculator

  1. Enter a home price — your target, a listing, or a rough range.
  2. Set your down payment and see how it changes the loan amount.
  3. Adjust the rate and term to compare monthly payment and total interest.
  4. Use the result as a planning number — an officer can add taxes, insurance, and PMI.

Related calculators

Other tools that pair well with this one.

Affordability Calculator

See what home price may fit your income and monthly budget.

Open calculator →

Down Payment Calculator

Estimate how much cash you may need to buy the home you want.

Open calculator →

Amortization Calculator

See how each payment splits and how extra payments help.

Open calculator →

Helpful mortgage guides

Short reads for the questions that usually come next.

How much house can I afford?

Start with income and debts to land on a realistic price range.

Use the affordability calculator →

How much down payment do I need?

See how purchase price and loan type shape cash needed upfront.

Estimate your down payment →

What credit score do I need to buy a home?

Minimum scores by loan type and what lenders review beyond the number.

See credit requirements →

Common questions, plain answers.

A fixed-rate mortgage payment is calculated with the standard amortization formula using the loan amount, monthly interest rate, and number of monthly payments in the loan term.

Ready for the next step

Your numbers make more sense with a real conversation.

Estimates are a starting point. An Intra loan officer can show you your actual rate — based on your real situation, not a guess.

Get pre-qualified →Ask a loan officer
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