Pre-qualify for a Mortgage or Search for a Home Loan Online.

Mortgage Payment Calculator

What will my loan payments be?

This calculator helps you determine the amount of your monthly payments for a loan or line of credit. You can use this calculator for any type of loan, including a mortgage, car loan, home equity loan, or home equity line of credit (HELOC).

Loan Type - The payments on a fixed-rate loan will stay the same for the life of your loan. The payments on an interest-only loan do not include principal. Loan type*:

Loan Amount - Enter the amount you plan to finance. For example, if you are buying a $300,000 home with a 20% down payment, your loan amount would be $240,000. Loan Amount*:

Interest rate - Enter the interest rate that you will pay. You can find current mortgage rates from Freddie Mac at www.freddiemac.com. Interest rate*:

Term - "Enter the term you desire for your loan. Common mortgage terms are 15, 25 and 30 years. Loan Term (in years):

Annual insurance and taxes - Some lenders will require you to open an escrow account, and your homeowners insurance and property taxes will be paid from that account by the lender. These payments are added to your monthly mortgage payment, so including the information here provides you with a better idea of what your overall mortgage payment would be. If this is a mortgage, please enter your estimated annual insurance and tax payments:

Calculate

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Save time and explore your home loan options through LendingTree!

LendingTree helps simplify and streamline the mortgage process using four simple steps to empower you to compare multiple offers from competing lenders. Here's how it works:

Complete LendingTree's simple, secure online request form
Get up to 4 offers from Lenders on the LendingTree Lender Network
Compare mortgage rates and terms for each loan
Choose the loan that best suits your needs

Start your free mortgage loan request now and simplify your life.

Whether you're just starting, have a growing family, or an empty nest, LendingTree has the resources you need to make smart, informed home loan decisions. Review expert home loan tips or determine your monthly house payment using our suite of mortgage calculators. Explore the full range of home loan options available to you with no obligation.

When Banks Compete, You Win!^®

Frequently Asked Questions

I've read it's a good idea to get pre-qualified or pre-approved for a mortgage before going house hunting. What is the difference between these terms?
Getting pre-qualified is the first step in the mortgage process. It involves supplying a lender with basic information regarding your debt, income and assets. From this information, lenders can get an idea of the mortgage amount for which you qualify, and it can usually be done at no cost.
Getting pre-approved is the next step. The process requires that you complete a mortgage application (and usually pay an application fee) and supply a lender with all the necessary documentation to check your financial background and credit rating. You will then be told the exact mortgage amount for which you are approved.
How do you get banks to compete for my business?
We work hard to send your loan request to multiple Lenders in The LendingTree Exchange. When they respond as a result, they have to operate under the assumption that other Lenders are reviewing your loan request at the same time they are. In order to get your business, they must make a competitive offer every time - no matter how many Lenders you've been sent to.
Am I obligated to accept an offer?
You are under no obligation to accept a loan offer that is presented to you. However, if you do accept an offer, you may be obligated to pay a fee to the lending institution to begin the processing of your request.
Who are your Lenders?
The LendingTree Exchange includes many of the most respected Lenders in the United States. You probably know many of them. Those you may not be as familiar with may offer one or two loan types in a particular region of the country. Others only service borrowers who are looking for a loan through the Internet. One thing all of our Lenders have in common is that they're dedicated to providing the best service and competitive rates.
How secure will my information be?
LendingTree uses some of the most secure technology available on the Internet to ensure that the data you send us remains absolutely confidential and secure.
Will you share or sell my information?
At LendingTree, your personal privacy and the security of your personal data are a primary concern of ours. LendingTree believes that you should be aware of who we are, the types of information we may collect on our Web site, and what we do with your personal information. Our overall privacy policy describes how we handle your information, but in general LendingTree will not sell or share any personal information about you to or with any person or organization except to the Lenders on our Exchange, our authorized agents, or as may be required by law or court order.

Purchase Mortgages