Guide
What this calculator includes
The calculator estimates principal and interest. Taxes, homeowners insurance, mortgage insurance, HOA dues, and closing costs may add to the actual payment.
Updated July 02, 2026
Mortgage Calculator
Estimate your monthly principal and interest payment before comparing lender quotes.
Data source: Freddie Mac PMMS. Rates are planning benchmarks, not guaranteed lender offers.
Featured benchmark
6.43%APR 6.58%
Weekly PMMS benchmark for conforming purchase loans
Current rate table
Compare the weekly fixed-rate benchmark with a refinance planning estimate before requesting personalized quotes.
30-Year Fixed
Weekly PMMS benchmark for conforming purchase loans
Rate
6.43%
APR
6.58%
15-Year Fixed
Shorter term with lower lifetime interest
Rate
5.79%
APR
5.94%
Refinance Planning
Planning estimate based on the 30-year benchmark plus lender spread
Rate
6.58%
APR
6.73%
Calculator
Mortgage payment calculator
Adjust the home price, down payment, term, and rate to estimate principal and interest.
Estimated monthly principal and interest
$2,259
Loan principal$360,000
Total interest$453,203
Total paid$813,203
Guide
Why rate changes matter
Small rate changes can move a monthly payment by hundreds of dollars on larger loans, which is why buyers should compare several lender quotes.
Frequently asked questions
Does this include taxes and insurance?
No. It focuses on principal and interest so you can isolate the rate and term impact.
What down payment should I test?
Start with 20 percent for a conventional benchmark, then test your actual planned down payment.
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