Calculate your mortgage payments the easy way.
The NerdWallet Mortgage Calculator helps you instantly estimate and understand your mortgage payments. This simple, step-by-step tool will help you calculate your monthly mortgage payment — and set you up with everything you need in search of a place to call home.
A few ways our mortgage calculator helps you calculate your monthly mortgage payments:
• Easy questions to guide you to provide the necessary info
• Expert tips that educate you about mortgages along the way
• A simple way to fine-tune your inputs to see how it affects your monthly mortgage payment — and what you can afford
• Access to home-buying and mortgage resources
With the NerdWallet Mortgage Calculator, you can input different numbers and see where they lead you. Whether you’re a first-time homebuyer or a long-time homeowner looking for a mortgage refinance, adjust the numbers to see what you can realistically afford.
Basic Inputs include:
• Home Price
• Down Payment
• Interest Rate
• Loan Period
For the serious home game players, if you know your annual property taxes, homeowners insurance or monthly homeowners association (HOA) dues, you can customize these inputs in the advanced options field.
The NerdWallet Mortgage Calculator is perfect for:
• Home buyers and homeowners with an existing home loan
• Mortgage shoppers looking to compare terms and interest rates
• Real estate agents, brokers, and realtors
• Mortgage brokers
• Financial advisors
• Anyone who wants to better understand their mortgage and the mortgage process