Mortgage Calculator
Educational calculators — always consult a licensed professional before making financial decisions.
Enter the purchase price of the property.
Typically 3%–20% of the home price.
$80,000 of home price
Current 30-yr fixed average is around 6.5–7%.
Longer terms mean lower payments but more interest overall.
Lowest monthly payment. Most popular choice. Pay significantly more interest over the life of the loan.
Est. monthly payment
$2,076
principal & interest
Where your payment goes
Based on
Principal vs. Interest Over Time
This calculator provides estimates for educational purposes only. Actual payments may differ based on taxes, insurance, PMI, and lender terms. Consult a licensed mortgage professional.
Your Saved Scenarios
No saved scenarios yet
Read next
How Much Money Do You Need to Buy a $300,000 House?
The full cash-to-close breakdown for a $300k home in 2026 — down payment options, closing costs, earnest money, reserves, and first-year costs, recalculated at the current Freddie Mac rate.
How Much Cash to Buy a House?
Every line of cash a $400k purchase requires in 2026 — down payment scenarios (3%, 3.5% FHA, 5%, 10%, 20%), closing costs, earnest money, reserves, and first-year costs — with the arithmetic shown. Includes $300k and $500k versions and a printable worksheet.
How Much Money Do You Need to Buy a $500,000 House?
The full cash-to-close breakdown for a $500k home in 2026 — down payment options, closing costs, earnest money, reserves, and first-year costs, recalculated at the current Freddie Mac rate.
What Credit Score Do You Need to Buy a House?
The minimum credit score by loan type in 2026 — FHA 580 (or 500 with 10% down), conventional 620, VA and USDA — plus how your score changes your rate and PMI, and how to raise it before you apply.
First-Time Buyer FAQ
The 30 questions first-time buyers actually ask — how much to put down (the median is 10%, not 20%), what closing costs really run, who can pay them, when PMI ends, and what changes the month you get the keys. Sourced 2026 figures, with a calculator for every answer.
First-Time Home Buyer Guide
The complete first-time buyer journey for 2026 — from deciding whether to buy through getting the keys and your first year: every step and cost, FHA/conventional/VA/USDA loans, down-payment assistance, and a free calculator at each phase.
Home Insurance Cost by State
Average annual homeowners premium in all 50 states and DC, with year-over-year change, cumulative change since 2021, and how each state compares to the national average. Sortable, sourced, and free to cite.
How Much House Can I Afford on $100,000 a Year?
The price range a $100,000 salary supports in 2026, by down payment, with the full monthly payment behind it and every assumption shown at the current Freddie Mac 30-year rate.
How Much House Can I Afford on $120,000 a Year?
The price range a $120,000 salary supports in 2026, by down payment, with the full monthly payment behind it and every assumption shown at the current Freddie Mac 30-year rate.
How Much House Can I Afford on $60,000 a Year?
The price range a $60,000 salary supports in 2026, by down payment, with the full monthly payment behind it and every assumption shown at the current Freddie Mac 30-year rate.
How Much House Can I Afford on $75,000 a Year?
The price range a $75,000 salary supports in 2026, by down payment, with the full monthly payment behind it and every assumption shown at the current Freddie Mac 30-year rate.
How Much House Can I Afford on $80,000 a Year?
The price range an $80,000 salary supports in 2026, by down payment, with the full monthly payment behind it and every assumption shown at the current Freddie Mac 30-year rate.
Is Refinancing Worth It?
Closing costs divided by monthly saving is the whole decision. The formula worked with July 2026 rates, the rate drop you need to break even in 2/3/5 years, the term reset that raises your total interest at a lower rate, and what forecasters actually expect.
USDA Loans: 0% Down for Eligible Areas
How USDA guaranteed loans work in 2026 — 0% down, the 1% upfront and 0.35% annual guarantee fees, the 115%-of-AMI income limit and property eligibility, and how USDA compares with FHA and conventional.
Mortgage Calculator is built and maintained by the RealCostIQ editorial team. Cost ranges and rates are checked against published industry data and contractor quotes, and revised when the underlying figures move. Read our data methodology or more about who builds this. Every calculation runs in your browser — no account, and none of your inputs are stored.
Cost ranges and rates here are checked against contractor quotes and published industry data. If a number still looks off, email Support@RealCostIQ.com and we'll review and fix it.