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.
$
$
%
%
Advanced
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.

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.

What My Clients Say...

Steve Novak

If you’re moving from out of state, call Omega Mejia! My transition from Utah to Texas took about 7 months with selling my home and retiring. Omega took out a lot of the stress on my long distance purchase. She possesses outstanding communication and expert negotiation skills. She even had a concierge service to help line up local services before I actually moved in, “great service to offer”. Omega was a constant support and went above and beyond, even after the closing she still stays in contact. Absolutely 5-star service! I would definitely use and recommend Omega for real estate purchases.

Irene

Working with Omega Mejia was an exceptional experience from start to finish. She truly went above and beyond to ensure every detail of the home buying process was handled with care and professionalism. From the very first meeting it was clear Omega was deeply knowledgeable and genuinely invested in the finding the perfect home for me. Omega's dedication stood out through her constant communication, timely updates, and willingness to accommodate my busy schedule. She provided expert advice without ever pressuring me, making me feel supported and confident in every decision. Her attention to detail and thorough understanding of the market helped me navigate challenges smoothly. Overall, Omega Mejia exceeded all of my expectations. Her commitment to going the extra mile not only made the process easier but also truly enjoyable. I would wholeheartedly recommend Omega to anyone looking for a trustworthy and dedicated real estate professional who puts their clients first.

Jennifer Roberts Busbea

I had the opportunity to work alongside Omega on a recent transaction, and it was a great experience from start to finish. Her communication was consistent, professionalism was evident, and she truly prioritized a smooth process for everyone involved. Transactions like this are a reminder of how valuable it is to work with agents who are collaborative and solutions-focused. I would absolutely welcome the chance to work together again in the future.

Sarah Kugel

Omega is such a fantastic REALTOR across the board. She is an expert of Frisco and the greater Collin County area, as well as the state of the market. She listens to her clients and really tends to their needs by offering creative solutions to help them get the most optimal results. She is so kind and personable, but also a strong force when it comes to negotiation and integrity. I have enjoyed working with her on many transactions, and they always go smoothly- which is a breath of fresh air! If you are looking to buyer or sell anywhere in DFW, Omega is the REALTOR for you!!

Karen Falcocchia

Working with Omega is always a great experience. She communicates clearly and stays on top of every detail, which makes everything feel easy and stress-free. Her customer service stands out, she truly listens, responds quickly, and goes above and beyond for her clients. You can tell she genuinely cares.

Jason Francia

As a real estate agent out of state, I’m very careful about who I refer my clients to. Omega Mejia is a trusted real estate agent in Frisco, Texas who I confidently recommend to anyone relocating to the North Dallas area. She is knowledgeable about the Frisco market, communicates clearly, and takes great care of clients throughout the process. Even when a transaction doesn’t move forward, she provides value, guidance, and professionalism every step of the way. If you’re looking for a Frisco TX realtor for relocation, Omega is an excellent choice. 🔥🚀

Carolina Vasquez

Omega will go over and beyond the call of duty very professional, kind will help you in any way possible to help her clients. We were very happy and would recommend her any time.

Ready to get your next dream home or investment?

Name
Phone*
Message