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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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

Karen Gates

It is very seldom that I give reviews in general let alone 5-Star reviews but working with Matt and his team at Tercek Real Estate Group was an absolute pleasure from start to finish. Their teamwork and dedication truly stood out - every step of process in finding my next home felt smooth, well-coordinated, and focused. What impressed me the most was their flexibility and genuine understanding of my goals, criteria, areas of interest, and timing. A special thank you to my friend Nicole D (part of this wonderful real estate team) whose unwavering support and encouragement made this experience even more meaningful. Your care and insight went above and beyond, and I am so grateful to have had you by my side throughout this - ever so stressful - journey. If you are looking for a team that truly puts their clients first, this is the one you can trust. They are dedicated, thoughtful, and committed to making your real estate experience exceptional. Thank you! KG

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!

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