Mortgage Calculator

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
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Your mortgage payments over 30 years will add up to $0.
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I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Tercek Real Estate Group, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

MORTGAGE HELP

Down Payment

The typical rule of thumb is to pay 20 percent of the home's price as your down payment, although some mortgage loans require as little as 3.5 percent down. Your down payment reduces the total amount of your mortgage loan, so the more money you put down, the lower your payments will be - or the more expensive a house you can buy.

Loan Term

Your loan program can affect your interest rate and monthly payments. Choose from 30-year fixed, 15-year fixed, and more in the calculator.

Loan Type

There are several types of mortgage loans, but the most commonly used are fixed-rate and adjustable-rate loans. Fixed-rate loans have the same interest rate for the entire duration of the loan. That means your monthly payment will be the same, even for long-term loans, such as 30-year fixed-rate mortgages. Two benefits to this loan type are stability, and being able to calculate your total interest up front. Adjustable-rate mortgages (ARMs) have interest rates that can change over time. Typically they start out at a lower interest rate than a fixed-rate loan, and hold that rate for a set number of years, before changing interest rates from year to year. For example, if you have a 5/1 ARM, you will have the same interest rate for the first 5 years, and then your interest rate will change from year to year. The main benefit of an adjustable-rate loan is starting off with a lower interest rate.

Interest Rate

This field is pre-filled with the current average mortgage rate. Your actual rate will vary based on factors like credit score and down payment.

Property Tax Rate

The mortgage payment calculator includes estimated property taxes based on the home's value. You can edit this in the advanced options.

Home Insurance

Home insurance or homeowners insurance is typically required by lenders, depending on the loan program. You can edit this number in the mortgage calculator advanced options.

HOA Fees

A homeowners association fee (HOA fee) is an amount of money that must be paid monthly by owners of certain types of residential properties, and HOAs collect these fees to assist with maintaining and improving properties in the association.

Client Feedback

Janice Schroeder

Tercek Realty just handled the recent sale of my home in West Linn. Their office has a TEAM approach which really worked great for me—questions answered quickly. Even though my home was not a high priced residence they approached it with same ‘full court press’ right from the start. Great advice on how to stage the home, beautiful photographs and videos, nice flyers and all done very efficiently. Luckily I received an offer very quickly on my home and a couple days later a backup offer. I needed coaching on how to handle all of it and they were there for me every step of the way. I would highly recommend their services.

Laura Beaumont

Matt was a strong negotiator on my behalf. He listened well and understood my position. In the end, I got a deal I was very pleased with. Matt & his team were beyond helpful as I closed on a house coming from another state. They gladly met various contractors at the home (pre-closing!) to do measurements and estimates for me. They provided referrals and were always quick to answer all of my questions. I felt like I was in excellent hands throughout the entire process. Thanks to this amazing team for a smooth purchase experience! I highly recommend!

June C.

We listed our house with Matt during the period when the market transitioned from a sellers market to buyers market. Matt always answered our questions and kept us informed in a timely manner including market analytics on our house, the local market, and the general trend. In addition to hosting open houses, Matt also produced YouTube videos to promote our house. He has a dedicated photographer who made beautiful photos and 3D tours of the house. Matt is also able to refer us to a stager who can do full staging with cats in the house! One of the reasons we have chosen Matt is because of his knowledge in our neighborhood. We are so happy we did.

Let's Connect!

Matthew Tercek
Matthew Tercek

Team Lead / Agent | License ID: 201210228 (OR) 23013170 (WA)

+1(503) 453-5815 | matthew@tercekre.com

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I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Tercek Real Estate Group, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.