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.
Based on the numbers you entered for a fixed-rate mortgage.
On a 30-year loan at 6.5%, about 56% of your total payments go toward interest.
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
- Enter a home price — your target, a listing, or a rough range.
- Set your down payment and see how it changes the loan amount.
- Adjust the rate and term to compare monthly payment and total interest.
- Use the result as a planning number — an officer can add taxes, insurance, and PMI.
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.
This estimate covers principal and interest only. It does not include property taxes, homeowners insurance, PMI, HOA fees, or other costs that may affect your full monthly payment.
A larger down payment lowers the loan amount, which usually lowers the monthly principal and interest payment and can reduce total interest paid over the life of the loan.
PMI stands for private mortgage insurance. It is typically required when your down payment is less than 20% of the home price. PMI protects the lender and is usually added to your monthly payment until you reach 20% equity.
A higher credit score generally qualifies you for a lower interest rate. Even a small rate difference can significantly affect your monthly payment and total interest over the life of the loan. Talk to a loan officer to understand your options.
A 30-year term spreads payments over more time, resulting in a lower monthly payment but more total interest paid. A 15-year term has higher monthly payments but you pay off the loan faster and pay significantly less interest overall.
This calculator uses the standard amortization formula with the values you enter. Your actual payment will depend on the finalized loan amount, your locked interest rate, and costs like taxes, insurance, and HOA fees that vary by property and location. A loan officer can give you a full payment breakdown once those details are known.
Try adjusting one variable at a time. Lowering the home price, increasing the down payment, or extending the loan term can each reduce the monthly payment. A loan officer can also walk you through loan options and programs that may lower your rate or required down payment.
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.
