Mortgage Calculator

FHA & VA Loans, Conventional & Jumbo Loans, 203K Loans, Zero Down Loans & more!

This mortgage calculator is a tool to estimate your potential mortgage. To get exact numbers and a personalized rate quote, call us today. Rates fluctuate frequently, so starting the pre-approval process can lock in your rate.

Mortgage Calculator (Estimate)

Often the best loan type for clients with good credit and a modest down payment. Benefits of conventional loans include no upfront funding fees, cancellable Private Mortgage Insurance, minimum down payment ranges of 5% and typically has lower monthly costs for PMI. Common loan terms are 30 or 15 years. Call us to get exact numbers. (248) 608-RATE

Purchase price

Please enter here the amount you expect to pay for a home.

Down payment

Down payment is cash that you pay upfront for your home.

Term in years

Number of years you have to pay.

year(s)

Interest rate (per year)

The percentage of interest that you will pay on your mortgage for a specific term.

Property Tax

Enter your property tax here if you know it.

per year

Home Insurance

Most lenders require home insurance. Enter its price here.

per year

PMI

PMI is Private Mortgage Insurance which is usually required to pay if your Down payment less than 20%.

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Current Average U.S. Mortgage Rates

Your personalized rate may be better!

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