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ESEstimate your monthly payment.
Estimate your monthly housing payment, then adjust the inputs to see what changes. No application required.
Daily mortgage rate indexes
The calculator uses Optimal Blue’s national conventional or FHA 30-year fixed index, published by FRED, based on your selection. New observations usually arrive on business days and can be delayed. These are national averages, not rates tailored to your credit, loan size, points or occupancy.
See the indexes and methodology Check the latest daily average at Mortgage News DailyLatest published observation available; the live feed may be delayed.
National market indexes, not Auctus rates, personalized quotes. Rates may change without notice. Your actual rate and terms depend on credit profile, loan program and type, down payment, occupancy, property, points, fees, lock timing and underwriting. Not an offer or commitment to lend.
Illustrative FHA with 3.5% down. The 30-year rate uses the latest available national FHA or conventional index. It is not an Auctus rate or quote. Rates may change without notice and depend on credit profile, loan program and type, down payment, occupancy, property, points, fees, lock timing and lender underwriting. Property taxes start at 1.2% and home insurance at 0.6% of the purchase price per year; both can be edited. Mortgage insurance is illustrative when shown. Actual taxes, insurance, rates, costs and eligibility vary. This calculator is for education only, not an offer, quote, approval, Loan Estimate or commitment to lend. FHA upfront MIP of 1.75% of the base loan is included in the financed loan amount shown above.
For illustration only: choose primary residence, second home, or investment property to apply the matching assumption to the conventional benchmark: +0.25 percentage points for a second home and +0.50 for an investment property. FHA is shown as a primary-residence scenario. These assumptions are not lender pricing adjustments or rate quotes. Actual pricing depends on the full loan details and lender review.
Planning estimate: down payment plus 4% of the purchase price for closing costs and prepaid items. FHA upfront MIP is included in the loan above, not added to cash to close here. Final figures vary.
For education only. Rates may change with market conditions, credit profile, loan program and type, down payment and underwriting. This estimate is not a personalized rate quote, Loan Estimate, offer, approval or commitment to lend.
Want a personalized quote? Get in touchHow much can I afford?
Income sets the starting point. Existing monthly debt payments can reduce the housing payment available. Change the numbers to see the effect.
Include required payments on credit cards, car loans and student loans. Do not add the new mortgage here.
For the $400,000 home above, the estimated payment is $3,364 per month. Housing ratio: 47.5%. Total ratio with existing debts: 53.8%.
Above this illustrationUses the calculator’s down payment percentage, rate, term and HOA. It scales the annual tax and insurance amounts you entered with the home price when estimating another home. Actual costs vary; closing costs are not included.
For this FHA example, 45% housing and 55% total debt are illustration settings. Actual eligibility depends on underwriting and verified details; these figures do not guarantee preapproval. HUD FHA handbook
Your payment is the beginning.
This calculator estimates a fixed-rate loan payment, plus the property expenses you enter. Closing costs, maintenance, utilities, reserves and any additional insurance belong in your budget too. The income and debt illustration below gives a planning range; it is not a preapproval or promise of qualification.
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