Purchase Calculator

Are you wondering if buying a home is the right choice for you? Or maybe you’re hoping to make an upgrade to a larger home soon and are unsure of the costs? Don’t worry, we’ll help you out.

Purchasing a home is one of the biggest financial decisions you will make in your life. Using our purchase calculator, you can determine how much your monthly mortgage payments will be – which will give you a good idea of how to plan for the future. By entering the purchase price of your new home, down payment amount, interest rate, mortgage term (in years), annual taxes, homeowners insurance, and homeowners association dues & mortgage insurance (if applicable), you can instantly see your monthly payment amount. This will give you a clearer picture of how much “house” you can afford.

Ready to apply for a mortgage? Contact us today for more information.


All loan requests are subject to credit approval as well as specific loan program requirements and guidelines. With Adjustable Rate Mortgage loans, the rate is variable and may increase or decrease every year after the initial fixed rate period based on changes to an index. This could result in an increase in the monthly payment.

Monthly Payment
Calculator: Purchase

Monthly Principal & Interest = $0000.00
Monthly Tax = $0000.00
Monthly Homeowner Insurance = $0000.00
Monthly PMI = $0000.00
Total Montly Payment = $0000.00

Disclaimer: The calculated results shown above are based on conventional loan program guidelines. Other loan programs are available and may provide results that better fit your individual needs. Calculations completed within this tool are estimates and are not guaranteed to be accurate. Payments shown do not include amounts for taxes and insurance; actual payment obligation will be greater. This calculator assumes an owner-occupied, primary residence using agency conforming loan terms on a home purchase and a 640 credit score.PMI calculations use standard monthly premiums for fixed rate terms.Reduced premium and financed PMI may reduce costs. Actual PMI costs will vary based on loan program, loan purpose, credit score and other factors. Contact your loan officer for details.

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