How to Use the Mortgage Calculator

1. Enter your desired loan amount (the amount you plan to borrow for your home).
2. Input the annual interest rate offered by your lender.
3. Set the loan term in years (e.g., 30 for a 30-year mortgage).
4. The calculator will instantly show your estimated monthly payment.

Use this tool to compare different loan scenarios, interest rates, and terms. The result is an estimate; actual payments may vary based on taxes, insurance, and lender fees.

Tip: Use the calculator regularly to track how rate changes affect your payment.