How much will my fixed rate mortgage payment be? This calculator computes the payments (principal and interest) for a fixed rate loan. All fields are required. Home priceDown paymentdown payment as a percent or in dollars % $ Loan termterm in months or years Months YearsInterest rateShow payment schedule Calculator Results Your payment will be $1,625.12. Financial DetailsHome price$350,000.00Down payment20.000 %Total amount financed$280,000.00Payment amount$1,625.12Total payments$585,044.48Interest rate5.700 %Interest calculatedMonthlyTotal finance charge$305,044.48 Calculator tipsYour payment amount includes principal and interest. It does not include property tax, association dues, private mortgage insurance, and other insurance or costs. Calculator disclaimer 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. Presented by TimeValue Software ©2025 Your browser does not support JavaScript. Please enable JavaScript or click here to use the calculators. These financial calculators are licensed for use from TimeValue Software.
