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Mortgage Calculator

Enter the price of the home, your down payment, and a few details about your new home and loan terms to estimate your monthly payment breakdown.

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YOUR MONTHLY PAYMENT

$1,042

Principal and interest$83480.1%

Property tax$13312.8%

Home insurance$757.2%

Location *Select your state, property taxes and interest rates can vary by location.

Home priceEnter the purchase price of the home you want to buy.

$

Down paymentMost home loans require a down payment of at least 3%.

$

20.00%

Interest rateEnter an interest rate or we'll use the US weekly average.

Mortgage typeThis calculator estimates payments for a 30-year fixed loan program.

Disclosure

Interest rate is estimated based on the US Weekly Average from the Freddie Mac Primary Mortgage Market Survey®. Your actual rate will vary based on a number of factors including your down payment, credit score, and the length of the loan.
Property tax is estimated based on the Mean Effective Property Tax by State from the Census Bureau Survey. Annual homeowner’s insurance is estimated based on the 2011 Federal Reserve Bureau Report. Your actual costs may vary from these estimates.
Conventional loans may also require private mortgage insurance (PMI) if your down payment is less than 20%.
This monthly payment estimate is offered for educational purposes only. Opendoor Labs, Inc. is not a lender and this estimate does not constitute a loan offer. Be sure to consult an official loan estimate before choosing a loan.

Your monthly Payment$1,042

Principal and interest(80.1%)$834

Property tax(12.8%)$133

Home insurance(7.2%)$75

Get your estimated offer

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