Mortgage Estimator
Dream the Dream, Live the Reality

Here are some mortgage tools you may want to play with to see how purchase prices, down payments, rates, taxes, homeowners insurance, and mortgage insurance can affect your potential monthly payment.

These tools are maintained by third parties and are provided here for your convenience only. SpinOne Group is not responsible for the accuracy of these tools. Your  LENDER is your BEST source for the values that will be associated with YOUR LOAN.

Mortgage Estimator

This is an estimator, please work with your Lender to determine your actual values!

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
$
Home insurance
$
Property taxes
$
PMI
$
30 Year Fixed Rates Over Time

chart

Current Rates
 

  • MBS RECAP: Bonds Ignore Econ Data in Favor of Next Week’s Fed Events
    Posted To: MBS CommentaryBonds began the day in modestly stronger territory. While they spend a small amount of the day trading a small distance away from those opening levels, that time and distance was never big enough to cause any concern. In short, the "consolidation" we'd hoped to confirm by ... read more
    Source: Mortgage News DailyPublished on 2018-12-14By Matthew Graham
    3 days ago
  • Mortgage Rates Preserve Most of Last Week’s Gains
    Posted To: Mortgage Rate WatchMortgage rates didn't move much today, and that's arguably a good thing. When the week began, we discussed the need for rates to cool-off after last week's rapid drop. Doing so would improve our chances of seeing recently lower rates stick around for more than a ... read more
    Source: Mortgage News DailyPublished on 2018-12-14By Matthew Graham
    3 days ago
  • Housing Should be More Consistent in 2019, Here’s Why
    Posted To: MND NewsWireConsistency can be boring, but in crazy times it can also be reassuring, even comforting. While they differ on the specifics, economists, at least those in the housing industry, seem to be coming together with much the same outlook and many of the same caveats for the ... read more
    Source: Mortgage News DailyPublished on 2018-12-14By Jann Swanson
    3 days ago
  • MBS Day Ahead: This Would Show That Bonds Are Serious About Considering Even More Gains
    Posted To: MBS CommentaryIf you've truly come to an appreciation of the gravity of bonds' big picture headwinds over the past 2 years, then the past 5 weeks may feel like a stroke of luck so good that it has to change any day now. More than a few bond ... read more
    Source: Mortgage News DailyPublished on 2018-12-14By Matthew Graham
    3 days ago
  • Compliance and Documentation Products; Loan Limit Changes in the Primary Markets
    Posted To: Pipeline PressLots of folks in the mortgage biz like statistics and odds. They may not remember them, but they like them. (As Marcus L. writes, “People still play the lottery even though most of us can't get the USB in the first time correctly and those odds are ... read more
    Source: Mortgage News DailyPublished on 2018-12-14By Rob Chrisman
    3 days ago
  • MBS RECAP: Bonds Continue Calming Before Next Storm
    Posted To: MBS CommentaryWhether or not next week's Fed announcement proves to bring a winter storm for bond markets remains to be seen. That said, if anything is going to do the trick, that's the best chance we have. Between now and then, bonds aren't quite sure what to do ... read more
    Source: Mortgage News DailyPublished on 2018-12-13By Matthew Graham
    4 days ago
  • Mortgage Rates Edge Back Down Toward Long-Term Lows
    Posted To: Mortgage Rate WatchMortgage rates fell moderately today, helping them move part of the way back down toward their lowest levels in more than 3 months (seen back on Friday). The average lender continues quoting rates that are roughly 3/8ths of a percentage point lower than the highs from ... read more
    Source: Mortgage News DailyPublished on 2018-12-13By Matthew Graham
    4 days ago
  • Not Just the Season; MBA Predicts New Home Sales Down Sharply
    Posted To: MND NewsWireThe Mortgage Bankers Association (MBA) added a little more evidence to the pile indicating a rather rapid slow-down in the housing market. MBA's Builder Application Survey (BAS) data for November shows mortgage applications for newly constructed home purchases falling by 14 percent compared to October. The MBA ... read more
    Source: Mortgage News DailyPublished on 2018-12-13By Jann Swanson
    4 days ago
  • MBS Day Ahead: Clear Correction May Be Finding Clear Ceiling
    Posted To: MBS CommentaryThe first 3 days of this week have offered a clear correction/consolidation to the strong rally of the previous month. This had as much to do with timing and technicals as anything else. In other words, the rally brought yields so much lower, so quickly (relative to ... read more
    Source: Mortgage News DailyPublished on 2018-12-13By Matthew Graham
    4 days ago
  • Books by Lenders, For Lenders; False Claims Act Rears it’s Head; LO Products and Services
    Posted To: Pipeline Press“Why do people pay to go up tall buildings and then put money in binoculars to look at things on the ground?” It turns out that, in terms of grabbing their pieces of ground, first-time home buyers were more active in the first three quarters of 2018 ... read more
    Source: Mortgage News DailyPublished on 2018-12-13By Rob Chrisman
    4 days ago
  • MBS RECAP: MBS Handily Outperform Treasuries as Consolidation Continues
    Posted To: MBS CommentaryToday's trading session was far less eventful than anything else seen in the past few weeks, both in terms of movement and volume. Although Treasury yields were higher, most of the increase came in the overnight session, and additional volatility was minimal throughout the day. By the ... read more
    Source: Mortgage News DailyPublished on 2018-12-12By Matthew Graham
    5 days ago
  • Mortgage Rates Could Go Even Higher
    Posted To: Mortgage Rate WatchMortgage rates rose more noticeably today as a part of a 3 day bounce after hitting the lowest levels in roughly 3 months at the end of last week. Whereas yesterday's increases weren't really worth mentioning, today's hurt--depending on the scenario. In general, this bounce was ... read more
    Source: Mortgage News DailyPublished on 2018-12-12By Matthew Graham
    5 days ago
  • Lenders Looking to New Tech as Pessimism Over Profit Margins Grows
    Posted To: MND NewsWireLenders continue to be pessimistic about their profit outlook as 2018 draws to an end. Fannie Mae said its fourth quarter 2018 Mortgage Lender Sentiment Survey found the profit outlook reported by respondents at an all-time survey low. This was true whether they were talking about purchase ... read more
    Source: Mortgage News DailyPublished on 2018-12-12By Jann Swanson
    5 days ago
  • MBS Day Ahead: Bonds Have Lots on Their Mind, But Beware The Bounce
    Posted To: MBS CommentaryAs we begin the third day of moderate weakness in bond markets, it's safe to say that we're looking at the correction and/or consolidation that we expected to see as of the end of last week. Bonds wouldn't have needed any other reason apart from the preceding ... read more
    Source: Mortgage News DailyPublished on 2018-12-12By Matthew Graham
    5 days ago
  • Non-QM and Warehouse Products; STRATMOR Tech Insight Study
    Posted To: Pipeline PressWho among us has pushed for abolishing the mortgage-interest deduction, supported getting rid of government subsidies for the 30-year fixed-rate mortgage, putting Fannie and Freddie into receivership, and supported ending the sweep of F&F’s profits into the Federal Government? The answer is Dr. Mark Calabria, currently working ... read more
    Source: Mortgage News DailyPublished on 2018-12-12By Rob Chrisman
    5 days ago
  • White House Nominates Calabria as New FHFA Chief
    Posted To: MND NewsWireAlmost exactly 10 years after he helped pass the legislation that established the Federal Housing Finance Agency (FHFA), Mark Anthony Calabria has been nominated by the White House to be its director. If his nomination is confirmed by the Senate, Calabria, currently the Chief Economist in the ... read more
    Source: Mortgage News DailyPublished on 2018-12-12By Jann Swanson
    5 days ago
  • Mortgage Applications: Trade Fears Drive Rates Lower, Borrowers Respond
    Posted To: MND NewsWireBorrower activity continued to pick up last week as interest rates retreated to September levels and mortgage applications extended their recent winning streak. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of application volume, increased 1.6 percent on a seasonally adjusted basis during ... read more
    Source: Mortgage News DailyPublished on 2018-12-12By Jann Swanson
    5 days ago
  • MBS RECAP: Bonds Continue Circling Wagons (Nothing To Do With Shutdown News)
    Posted To: MBS CommentaryGovernment shutdowns make good news. When risks of a shutdown flare up (especially with today's sort of political theater) it tends to dominate the news coverage. This creates the risk that shutdown news is perceived to impact bonds in a way that isn't really accurate. This was ... read more
    Source: Mortgage News DailyPublished on 2018-12-11By Matthew Graham
    6 days ago
  • Mortgage Rates Flattening Out After Much-Needed Winning Streak
    Posted To: Mortgage Rate WatchMortgage rates rose almost imperceptibly today, with a few lenders not showing any detectable changes from yesterday. Still, it was the first time since November 30th that rates were higher than the previous day (on average). Today's move was so small that most lenders accounted for ... read more
    Source: Mortgage News DailyPublished on 2018-12-11By Matthew Graham
    6 days ago
  • September Delinquencies Mostly Unaffected by Disasters, Eased Underwriting
    Posted To: MND NewsWireCoreLogic reports that mortgage delinquency rates were little changed in September. The percentage of mortgage loans that were 30 or more days delinquent and including those in the process of foreclosure declined by 0.6 percentage point on an annual basis, to a national rate of 4.4 percent. ... read more
    Source: Mortgage News DailyPublished on 2018-12-11By Jann Swanson
    6 days ago
  • CRM and Recruiting Products; December Training; Dr. Calabria and FHFA Leadership
    Posted To: Pipeline PressI’m a capital markets guy. “Bespoke luxury” isn’t in my vocabulary. First-time home buyer prices and floorplans aren’t in the cards at the new Aston Martin apartment building in Miami . If you buy one of the 47 most expensive apartments, they come with a new DB11. ... read more
    Source: Mortgage News DailyPublished on 2018-12-11By Rob Chrisman
    6 days ago
  • MBS Day Ahead: Bounce Risk Remains; Hoping For Pre-Fed Consolidation
    Posted To: MBS CommentaryConsolidation ... That's that word we use to refer to sideways and frequently narrower trading ranges that follow a period of more directional movement (you can click on the word to go to a full definition). Consolidation is the best case scenario right now, when it comes ... read more
    Source: Mortgage News DailyPublished on 2018-12-11By Matthew Graham
    6 days ago
  • MBS RECAP: Bonds Hit Resistance Right in Line With Last Week’s Floor
    Posted To: MBS CommentaryBonds struggled to find inspiration for the first few hours of the domestic session, but it was soon in ample supply thanks to Brexit-related headlines ( like this one ). The result was a broad-based risk-off move that saw bonds move back to their strongest recent levels. ... read more
    Source: Mortgage News DailyPublished on 2018-12-10By Matthew Graham
    7 days ago
  • Mortgage Rate Rally May Be Pausing
    Posted To: Mortgage Rate WatchFirst things first: the average mortgage lender improved modestly today, compared to last Friday's levels. This leaves mortgage rates at their lowest levels in several months. That's great news and indeed, the last few weeks have been the best few weeks we've seen in more than ... read more
    Source: Mortgage News DailyPublished on 2018-12-10By Matthew Graham
    7 days ago
  • A Gift From Fannie/Freddie – Evictions Suspended for the Holidays
    Posted To: MND NewsWireBoth Freddie Mac and Fannie Mae have announced the suspension of eviction lockouts for single-family and two- to four-unit properties for the holiday season. The moratorium will begin December 17 and end January 2. Fannie Mae said it will allow legal and administrative proceeding for evictions to ... read more
    Source: Mortgage News DailyPublished on 2018-12-10By Jann Swanson
    7 days ago
  • Black Knight and the Case of the Disappearing Equity
    Posted To: MND NewsWireWe know that home price growth is slowing , and cash-out refinancing has been coming back, still it is a bit of a stunner to find that homeowner equity actually declined in the third quarter of this year. Black Knight's current issue of its Mortgage Monitor reports ... read more
    Source: Mortgage News DailyPublished on 2018-12-10By Jann Swanson
    7 days ago
  • NAHB Says Second Homes Aren’t Just Vacation Destinations
    Posted To: MND NewsWireThe stereotype of a second home usually involves a tropical beach, a boat dock on a lake, or skiers whizzing past a picture window, but the National Association of Home Builders (NAHB) says that is not reality. Or at least not all of it. Na Zhao, writing ... read more
    Source: Mortgage News DailyPublished on 2018-12-10By Jann Swanson
    7 days ago
  • Broker and Front-End Products, Subservicer Webinar; Rates Watching Overseas’ Markets
    Posted To: Pipeline PressThe focus is on the holidays but there is plenty of 2019 wedding planning occurring. Despite that, according to the U.S. Census Bureau, adults are increasingly delaying saying, “I Do” as the median age at first marriage continues to climb by approximately 2% compared to 2003. And ... read more
    Source: Mortgage News DailyPublished on 2018-12-10By Rob Chrisman
    1 week ago
  • MBS Day Ahead: How We Guard Our Newfound Gains
    Posted To: MBS CommentaryWe've had an impressive winning streak recently and have acquired gains worthy of a watchful, protective eye. Will this be a durable rally or a fleeting victory? That question can't be answered without seeing how economic data and events unfold in the coming weeks. Perhaps even more ... read more
    Source: Mortgage News DailyPublished on 2018-12-10By Matthew Graham
    1 week ago
  • MBS RECAP: Bonds Think it Over After NFP, Then Finally Decide to Rally
    Posted To: MBS CommentaryThis morning's trading--both before and after NFP came out--basically acted as additional time for debate . Both MBS and Treasuries bounced quickly, but symmetrically around yesterday's closing levels before finally choosing a direction. Actually, the direction may have been chosen for them to some extent, as it ... read more
    Source: Mortgage News DailyPublished on 2018-12-07By Matthew Graham
    1 week ago
  • Mortgage Rates Lowest Since September After Jobs Report
    Posted To: Mortgage Rate WatchMortgage rates held on to their recent improvements today after the important Employment Situation (the big "jobs report") showed November job creation was lower than expected. In general, weaker job creation is good for interest rates because it speaks to slower economic growth and inflation (both ... read more
    Source: Mortgage News DailyPublished on 2018-12-07By Matthew Graham
    1 week ago
  • New Fannie/Freddie Requirements May Penalize High-Risk Borrowers
    Posted To: MND NewsWireThree researchers from the Urban Institute (UI) recently analyzed the new capital standards rule proposed by the Federal Housing Finance Agency (FHFA) for Fannie Mae and Freddie Mac (the GSEs.) The proposed rule includes two alternative leverage ratio proposals. Under the first, the GSEs would be required ... read more
    Source: Mortgage News DailyPublished on 2018-12-07By Jann Swanson
    1 week ago
  • Uptick in Home Purchase Sentiment Reflects Increased Confidence
    Posted To: MND NewsWireFannie Mae's Home Purchase Sentiment Index (HPSI) for November rose slightly, but within the 0.5-point increase was some increased confidence about personal finances and the wisdom of buying a home. The index, which consolidates responses from a subset of questions on the company's National Housing Survey, rose ... read more
    Source: Mortgage News DailyPublished on 2018-12-07By Jann Swanson
    1 week ago
  • Warehouse Products; Vendor/Service Provider Directory; Yield Curve Primer
    Posted To: Pipeline PressThe year has sped along, and here we are at Pearl Harbor Day already. Although mortgage rates have lagged, what has pushed Treasury rates down? Released earlier this week, the Federal Reserve's latest report on economic conditions, known as the Beige Book, says most of its 12 ... read more
    Source: Mortgage News DailyPublished on 2018-12-07By Rob Chrisman
    1 week ago
  • MBS Day Ahead: So Much of The Recent Volatility Has Been Building Toward Today
    Posted To: MBS CommentaryPowell's speech last week at the Economic Club of New York marked the beginning of an official shift. Until then, while the Fed had its dovish dissenters, the consensus was "steady as she goes" with respect to regular rate hikes in the coming quarters. The only uncertainty ... read more
    Source: Mortgage News DailyPublished on 2018-12-07By Matthew Graham
    1 week ago
  • Better Access to Conforming Loans Means More First-Timers in Market
    Posted To: MND NewsWireAccess to mortgage credit moved higher in November, largely due to improved access to conforming mortgages. The Mortgage Bankers Association's Mortgage Credit Availability Index (MCAI increased 1.1 percent to 188.8. A decline in the MCAI indicates that lending standards are tightening, while increases in the index are ... read more
    Source: Mortgage News DailyPublished on 2018-12-07By Jann Swanson
    1 week ago
  • Sluggish Construction Challenges the Housing Market
    Posted To: MND NewsWireWhile there has been a lot of talk since the recovery took hold about the lack resiliency in the residential construction sector, the issue is now moving from an academic discussion to one on the verge of alarm. As Freddie Mac's Economic and Housing Research Group writes ... read more
    Source: Mortgage News DailyPublished on 2018-12-07By Jann Swanson
    1 week ago
  • MBS RECAP: Huge Day For Bonds, For Better and Worse
    Posted To: MBS CommentaryWithout discussing what tomorrow may bring for bond markets, we can safely say that today was big. Both in terms volumes and outright trading levels, we haven't seen a bigger combo since the big stock sell-off in early October, and that came near the top of the ... read more
    Source: Mortgage News DailyPublished on 2018-12-06By Matthew Graham
    2 weeks ago
  • Mortgage Rates Are On a Tear!
    Posted To: Mortgage Rate WatchMortgage rates dropped significantly yet again today, adding to an already impressive week of improvement and bringing most lenders into their best territory since September 13th, 2018. The average lender improved by more than an eighth of a percentage point in just the past 3 business ... read more
    Source: Mortgage News DailyPublished on 2018-12-06By Matthew Graham
    2 weeks ago
  • MBS Day Ahead: Quick Recap of How/Why Rates Have Rallied So Apparently Quickly
    Posted To: MBS CommentaryGood times are rolling in the bond market, even if they're rolling much more for Treasuries as opposed to MBS. Nonetheless, MBS will continue to benefit as long as Treasuries are rallying, and the latter is beginning the day at new multi-month lows. Seeing 10yr yields under ... read more
    Source: Mortgage News DailyPublished on 2018-12-06By Matthew Graham
    2 weeks ago
  • Profitability Products; New Penn Re-Branded; What is Pushing Rates Lower
    Posted To: Pipeline PressI still receive questions about HMDA. It’s good to know about the 2018 edition of A Guide to HMDA Reporting: Getting it Right! (the Guide). Developed by the Federal Financial Institutions Examination Council, it provides a summary of certain key requirements of the Home Mortgage Disclosure Act ... read more
    Source: Mortgage News DailyPublished on 2018-12-06By Rob Chrisman
    2 weeks ago
  • UI Researchers Evaluate Proposed Changes to Fannie/Freddie
    Posted To: MND NewsWireIn June the Federal Housing Finance Agency's (FHFA) issued a proposed capital standard for the government-sponsored enterprises (GSEs), Freddie Mac and Fannie Mae. Three Urban Institute researchers have analyzed the rule with an eye to answering two questions: how well it will align risk and capital across ... read more
    Source: Mortgage News DailyPublished on 2018-12-06By Jann Swanson
    2 weeks ago
  • Mortgage Applications Bouncing Back
    Posted To: MND NewsWireMortgage rates remained largely flat or even slightly lower during the week ended November 30. This probably helped to maintain the upward trend in mortgage applications that began the previous week during the Thanksgiving holiday and despite a shortened work week. The Mortgage Bankers Association (MBA) said ... read more
    Source: Mortgage News DailyPublished on 2018-12-05By Jann Swanson
    2 weeks ago
  • MBS RECAP: Big Rally in Bonds as Concerns Over Economic Cycle Grow
    Posted To: MBS CommentaryBonds rallied in a big way today with intraday lows of 2.885% in 10yr yields. There was also a prominent sell-off in stocks, begging the conclusion that this was a classic "stock lever" move. But that's not exactly right, and it's easy to see why. To be ... read more
    Source: Mortgage News DailyPublished on 2018-12-04By Matthew Graham
    2 weeks ago
  • Mortgage Rates Deeper into 2 Month Lows as Stocks Swoon
    Posted To: Mortgage Rate WatchMortgage rates technically hit their lowest levels in exactly 2 months yesterday. Today merely takes them deeper into that territory. The size of the improvement is less impressive and less meaningful compared to that "lowest in more than 2 months" talking point. That said, taken in ... read more
    Source: Mortgage News DailyPublished on 2018-12-04By Matthew Graham
    2 weeks ago
  • Buyers Persist in Search for THE Dream Home
    Posted To: MND NewsWireIt is often billed as the most important and consequential financial decision a household can makes, so it probably follows that buying a home should not be a quick one. Findings from the National Association of Home Builders' (NAHB's) Housing Trends Survey Report indicate that prospective home ... read more
    Source: Mortgage News DailyPublished on 2018-12-04By Jann Swanson
    2 weeks ago
  • MBS Day Ahead: How Low Can We Go?
    Posted To: MBS CommentaryThe day begins with the December rally gathering steam, or at least maintaining the surprisingly strong levels achieved yesterday afternoon. Yields continue pushing back into the high 2% territory that they blew through on the way up back in September. How far could this thing run without ... read more
    Source: Mortgage News DailyPublished on 2018-12-04By Matthew Graham
    2 weeks ago
  • LO Products; December Events and Training; Servicing Sale With CRA Loans
    Posted To: Pipeline PressThinking about locking a loan tomorrow during the National Day of Mourning for George Bush? With the bond markets closed, plenty of mandatory execution desks, like Wells Fargo’s, will be closed. Check with the specific investor regarding best effort, bulk, AOT, and other commitment options tomorrow. Even ... read more
    Source: Mortgage News DailyPublished on 2018-12-04By Rob Chrisman
    2 weeks ago
  • Homeownership is a Top Priority for Millennials
    Posted To: MND NewsWireWhile their behavior thus far doesn't do much to validate it, a survey by Bank of America (BoA) finds that Millennials put a high priority on homeownership . In fact, among members of that generation responding to the company's 2018 Homebuyer Insights Report, 72 percent put owning ... read more
    Source: Mortgage News DailyPublished on 2018-12-04By Jann Swanson
    2 weeks ago
  • MBS RECAP: Strong Showing For Bonds
    Posted To: MBS CommentaryI don't think candlestick patterns can predict the future, but a few of them offer quick and easy ways to convey a certain theme in the market. One of the clearest patterns is the "engulfing pattern." This happens when today's candlestick completely engulfs yesterdays's (in the sense ... read more
    Source: Mortgage News DailyPublished on 2018-12-03By Matthew Graham
    2 weeks ago
  • Mortgage Rates Now at 2-Month Lows
    Posted To: Mortgage Rate WatchMortgage rates didn't really improve today for the average lender, but they did manage to hit the lowest rates in 2 months on a technicality. The reason for this is simple. There was a big gap between the rates seen on October 2nd and October 3rd. ... read more
    Source: Mortgage News DailyPublished on 2018-12-03By Matthew Graham
    2 weeks ago
  • Public Spending Buoys October Construction Numbers
    Posted To: MND NewsWireConstruction spending was lower on a month-over-month basis in October, but an increase in public sector spending held the overall decline to a minimum. The U.S. Census Bureau said that total expenditures on spending nationwide was at a seasonally adjusted annual rate of $1.309 trillion, down 0.1 ... read more
    Source: Mortgage News DailyPublished on 2018-12-03By Jann Swanson
    2 weeks ago
  • MBS Day Ahead: First Week of The Rest of The Year
    Posted To: MBS CommentaryMuch like the person on a journey of self-improvement might hear a trite pep talk about today being the first day of the rest of their life, bond markets are facing a similar opportunity. They too have been a journey of self improvement, having battled back from ... read more
    Source: Mortgage News DailyPublished on 2018-12-03By Matthew Graham
    2 weeks ago
  • Sales Jobs and Promotions; Education Products; Bond Market Watching Jobs and China
    Posted To: Pipeline PressI admit that I’ve become jaded over the years. Another potential government shutdown comes and goes. As always, our industry, and more importantly those with insurance, must deal with the potential uncertainty of the flood insurance program ( NFIP ) being caught up in the budget negotiating. ... read more
    Source: Mortgage News DailyPublished on 2018-12-03By Rob Chrisman
    2 weeks ago