Mortgage Loan Payment Calculator


Buying a home is stressful. One thing you can do to alleviate that stress is get informed about the true cost of your new home. Use this calculator to understand your payment. A good rule of thumb is to buy a home with 20% down on a 15 year fixed rate mortgage that has a payment under 25% of your income. This will allow you to have good cash flow to build wealth and not be house poor.

Check out our other calculators

Savings Rate Calculator

Financial Freedom Calculator

Early Retirement Calculator

Fee Effect Calculator

Compound Interest

The Rule of 72

Leave a Reply