Mortgage Calculator Estimate payments, what you can afford, and more. Free Rate Quote Purchase price Please enter here the amount you expect to pay for a home. Down payment Down payment is cash that you pay upfront for your home. Term in years Number of years you have to pay. year(s) Interest rate (per year) The percentage of interest that you will pay on your mortgage for a specific term. Property Tax Enter your property tax here if you know it. per year Home Insurance Most lenders require home insurance. Enter its price here. per year Calculate Your total monthly payment Principal & Interest Home insurance Property taxes