Forbes Advisor's Mortgage Calculator uses home price, down payment and other loan details to give you an estimate calculation on your monthly mortgage payments.

The interest rate your lender gives you isn't the true cost of your mortgage. Learn how to calculate your effective interest rate, including any discount points.

If you’re a first-time homebuyer who hasn't saved enough to make a large down payment or are concerned you might not qualify for a conventional home loan, a Federal Housing Administration (FHA ...

Here's how to calculate your home equity and combined loan-to-value ratio, or CLTV, so you can determine how much you might borrow with a home equity loan or line of credit.

How to Calculate Home Equity: 3 Simple Steps. Equity is the difference between your home’s value and your remaining mortgage balance ...

Mortgage Calculator Results Explained . A mortgage calculator shows your estimated monthly mortgage payment based on inputs like home price, down payment, and loan term.You can optionally enter ...

Use a Mortgage Calculator. Plug your home loan details into the calculator below to see the monthly principal and interest payment, as well as the loan's amortization schedule.

The most common type of home loan is a 30-year fixed-rate mortgage. However, a shorter 15-year term can get you a lower rate. With CNBC Select's calculator, you can calculate payments with a ...

A mortgage calculator does the heavy lifting mathematically speaking. With it, you can: Figure out how much you’ll need to pay in principal and interest each month based on the home price ...

Appraised home value – current home loan balance = your home equity For example, if your home is valued at $500,000, and you owe $300,000 on your mortgage, you have $200,000 in home equity. 4.

In the example above, you'd divide $210,000 (primary mortgage amount) by $365,000 (current appraised value) to get an LTV of 57.5%. If you take out a $50,000 home equity loan, you'd divide ...