Monthly Payment

A house is the largest purchase most of us will ever make so it's important to calculate what your mortgage payment will be and how much you can afford.

Purchase price
Please enter here the amount you expect to pay for a home.
Enter a value
Down payment
Down payment is cash that you pay upfront for your home.
0.0%
Enter a value
Term in years
Number of years you have to pay.
years
Enter a value
Interest rate (per year)
The percentage of interest that you will pay on your mortgage for a specific term.
%
Enter a value
Property tax
Enter your property tax here if you know it.
per year
Enter a value
Home insurance
Most lenders require home insurance. Enter its price here.
per year
Enter a value
PMI
PMI is Private Mortgage Insurance which is usually required to pay if your Down payment less than 20%.
per month
Enter a value

Your total monthly payment


$

Principal & Interest
$
Property taxes
$
PMI
$

No Hidden Fees

Prestige Lending offers no origination fees, no application fees, no processing fees and no underwriting fees. We work with a variety of different banks so that we have the opportunity to offer you, our Clients, the best rate and product available in today's market that will meet your needs and your goals.

Multiple lenders that specialize in high credit scores and lower credit scores

We are known for outstanding quality service. We invite all questions and understand the struggles of getting a loan. With our variety of options, feel comfortable that we will help you get the best loan possible whatever your situation is.

We have the opportunity to offer you the best rate and product available in today's market

Rates can change minute to minute, and we are able to save you time and money because of our knowledge of the bond market and our ability to lock on the best possible rates.

Your loan may include additional mortgage insurance.  Due to the complexity of calculating mortgage insurance call or apply on our website to get a detailed home loan estimate

Additional Calculators We Can Assist With

Payment Schedule

Calculates the breakdown of principal and interest payments in a yearly or monthly format.

Extra Payment

Calculates how much you can save over the term of your loan by increasing your monthly payment.

How Much Can I Afford

Calculates your maximum mortgage amount based upon the monthly payment, interest rate, and term that you enter.

How Much Can I Borrow

Calculates how much you can borrow based on your income, debts and desired loan terms.

Rent vs Own

Estimates the benefits of owning a home as opposed to renting.

Fixed Rate vs. ARM Calculator

Compares the difference between a fixed-rate and an adjustable-rate mortgage.

15-Year vs. 30-Year Mortgage Calculator

Compares the difference between a 15-year and a 30-year mortgage.

Refinance Interest Savings Calculator

Estimates the benefits of refinancing.