Mortgage payment calculator

Tool to help you compare different mortgages and calculate your monthly payments

Home price

The price of your new home


The money you have available to pay for the home today.


Minimum down payment for a home less than $1M is 5% of the first $500K then 10% for $500K - $1M.

Homes $1M and over require 20% minimum downpayment.

Down payments less than 20% require mortgage insurance.

Interest rate
Amortization period

Typically 25 years

Mortgage type
Payment frequency
calculator.payment-frequencies. mortgage payments


at % interest rate based on a standard 5-year-term

Total mortgage amount

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Rates are constantly changing. Secure your mortgage rate and shop with confidence knowing exactly what you can afford.

Learn more about mortgages with Properly