Mortgage Calculator: Mortgage Payment Calculator

Use this mortgage calculator to figure out monthly payments for home refinance or mortgage prequalification. Simply enter your loan amount, the length of the loan term, and the interest rate.

(Click here to have a mortgage professional review your information and provide a specific rate)

For Immediate Assistance: 1-877-357-2336

1. Enter Loan Amount

2. Enter Your Expected Interest Rate = (in decimal)

3. Preferred Loan Term = (years)

4. Payments Will Be Made = per year.

Your Number of payments Will Total

5. For a more accurate payment you should include taxes, homeowner's insurance and, if your 'Loan-to-Value' is higher than 80%, the possibility of mortgage insurance (Please note that 123Refi's policy is to avoid mortgage insurance at ALL costs). If this property is a Townhome or Condo you should also consider the amount of your Home Owner's Association dues. Please check the boxes that will apply.

property taxes at 1.25%
homeowners insurance
mortgage insurance at about 25% percent

Payment Type	Each	Total
Principal and Interest
Property Tax
Homeowner's Insurance
Mortgage Insurance
Total

USE THIS CALCULATOR TO COMPARE YOUR CURRENT MORTGAGE
TO YOUR NEW MORTGAGE

If you prefer, you can use this link for a Mortgage Calculator
that compares up to 4 loans at a time

Do You Really Need 4 Loan Offers - or Just The Best Offer?

We don't sell your information to multiple brokerages and call it 'competition'
One low offer that best suits your mortgage needs
Experienced loan officers with complete knowledge of mortgage financing
No hassles or obligations - just great service!

Refinancing? Purchasing? Home Equity Loan? Fill out the online application below and 'Take Command of Your Home Financing!'

Personal

First Name:

Last Name:

Address:

City:

State:

Zip Code:

Phone Number:

Email Address:

Best Contact Time:

We don't sell, lease, trade, rent, or otherwise disclose your information. For details see our Privacy Policy

At 123Refi we ask the question, When does Mortgage Refinancing make sense? When home loan refinancing saves you at least $150 a month! Read our Home Loan Refinancing Guarantee--No hassles, just savings. Use our mortgage calculator to calculate mortgage payments. Use this mortgage calculator to compare several mortgage offers. Whether you are refinancing a first or second mortgage we can help you. Our mortgage calculator includes property taxes and homeowners insurance. If you are refinancing your mortgage to consolidate debt or reduce your payments, our home California Mortgage loan refinancing professionals can secure those savings and really make a difference in your life. This mortgage calculator also includes mortgage insurance. When using our mortgage calculator consider that it doesn't include HOA dues. Whether your credit is excellent or plain terrible, 123Refi is here to help with absolutely any of your mortgage refinancing needs.

Loan Information
Property Value:
Occupancy:
Property Type:
Will You Have A Co-Borrower?	Yes No
Monthly Debt:
Your Credit:
Monthly Income:
	I can verify this income through either past 2 years W-2's, past 2 years Tax Returns, or past 12 months Bank Statements.
	I choose not to verify this income and prefer a 'Stated Income' option.
	OPTIONAL: Provide Either Your Social Security Number or Credit Score:
For Refinancing and Home Equity Loans
Current Loan Amount:
Current Interest Rate:
Fixed Rate or Adjustable?
Any Cash Out?
Is this strictly a 2nd mortgage?
For Purchases and Prequalification
Amount Available for Downpayment:
If you prefer a 'Zero Down' option, what is the amount of your total liquid assets (savings, 401k, stocks, etc):
If this is a Prequalification, what is your maximum desired monthly payment?
Area Interested in Purchasing:
Are you working with a Realtor?	Yes No

Find Out How To Beat The Banks - Read Below For Details...

Mortgage Calculator

"The service was great and so was my rate! There weren't any hassles at all - they listened to my concerns, answered all of my questions, plus I got a better rate than I expected."

Thanks again,

G. Frederickson

POINTS EXPLAINED

What are points and when, if ever, does it make sense to pay them?

FEES EXPLAINED

What are the 'real' costs of my mortgage? This will help explain exactly where your money is going - and where it shouldn't be going...

Mortgage Programs Explained...

Try Our Handy Mortgage Calculator
Fixed Rate Mortgage
What does the term 'Fixed Rate' specifically mean and what are the benefits of having a Fixed Rate mortgage?
Balloon Mortgage
What is a Balloon Mortgage? When would it make sense for you?

Adjustable Rate Mortgage
Also known as ARM's or Variable Rate Mortgages. Explains advantages, common terms; what is a Negative Amortization Mortgage (Neg-Am); includes an 'Index Table' that explains Prime Rate, CODI, COFI, CMT, MTA, and LIBOR.
Home Equity Loan - 2nd Mortgage
Explains the difference between a Home Equity Loan (Home Equity Line of Credit or 'HELOC') and a 2nd Mortgage, as well as which may be best for you.

Use Our Mortgage Calculator Or Call Us For A More Accurate Quote
FHA - VA Mortgage
Covers government sponsored programs and their benefits. Includes FHA, VA, Cal Vet, as well as other state specific and local programs. Documentation Options
What are the differences between Full Documentation (full doc), Limited Documentation (Limited Doc or 'Lite Doc'), Stated Income and 'No Income No Asset' (NINA) programs?

How Can We Help You 'Beat The Banks'?

It's simple: click on any of the banks listed to the right and we will package your mortgage with that bank according to the mortgage program of your choice - but we'll beat their published rate by .25% and won't charge you any more than the fees that particular bank normally charges. Click here for details or click on the bank of your choice to get started.