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How much will my fixed rate mortgage payment be?

This calculator computes the payments (principal and interest) for a fixed rate loan.

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Calculator Results

Your payment will be $1,625.12.

Financial Details

Home price

$350,000.00

Down payment

20.000 %

Total amount financed

$280,000.00

Payment amount

$1,625.12

Total payments

$585,044.48

Interest rate

5.700 %

Interest calculated

Monthly

Total finance charge

$305,044.48

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Your payment amount includes principal and interest. It does not include property tax, association dues, private mortgage insurance, and other insurance or costs.

Calculator disclaimer This link will trigger a popup message.

The information provided by these calculators is intended for illustrative purposes only and is not intended to purport actual user-defined parameters. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results.

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