House Payment: What Will My Monthly Payment Be?
A lot of people shop for homes based on price. When you finance your purchase with a mortgage loan, it pays to consider total monthly housing payment, too. If a relatively inexpensive home has high taxes, insurance costs or fees, it might require a higher monthly payment than a home with a higher initial price and lower monthly costs. Use this calculator to estimate the total monthly housing payment for any home you’re considering and determine if it’s truly affordable for you.