Estimate your monthly mortgage payment, see the full amortization schedule, and understand the true cost of homeownership.
The total purchase price of the home you're looking to buy. Research comparable homes in your desired area to get a realistic estimate.
The upfront amount you'll pay. A 20% down payment avoids PMI (private mortgage insurance). First-time buyers may qualify for programs with lower down payments.
The annual percentage rate (APR) on your mortgage. Rates vary based on credit score, loan type, and market conditions.