House with keys. Mortgage payment calculator

Mortgage payment calculator

Understanding how much your monthly mortgage payments will be is crucial to getting a mortgage that you can afford. Our mortgage payment calculator estimates you how much you'll need to pay each month. You can even compare scenarios for different down payments amounts, amortization periods, and variable and fixed mortgage rates.

Connect with an expert

Have a question? Get in touch with our agents   

Mortgage dictionary

The mortgage industry is full of complex and unfamiliar terms, so we created this resources to help translate even the most difficult mortgage terms into plain everyday language.

Mortgage

Down payment

Mortgage Insurance

Mortgage Principal

Interest

Prime rate

Payment frequency

Prepayment/Lump Sum Payment

Amortization Period

Mortgage Term

Maturity Date

Mortgage Renewal

Refinancing

Home Equity

Gross Debt Service (GDS) Ratio

Total Debt Service Ratio (TDSR)

Mortgage Pre-Qualification

Mortgage Pre-Approval

Qualifying Rate

Fixed-rate Mortgage

Variable-rate Mortgage

Adjustable-Rate Mortgage (ARM)

Trigger Rate

Land Transfer Tax

Closing costs

Affordable mortgage rates the way you want them