Mortgage calculator

Know how much will you pay

Before buying a property, find out the prices of your potential mortgage payments.
calculator

Calculate your Monthly Payments

By calculating the monthly payment you will be able to see the variations in the price of the house, the down payment, the loan term and the different interest rates. Find out your monthly payments with our mortgage calculator before you buy your home. Our virtual calculator calculates how much you’ll spend each month on loan payments and mortgage amortization.

The monthly payment takes into consideration the following key points:

  • Principal Amount
  • Interest rate
  • Property taxes
  • Homeowners
  • insurance

Calculate your Monthly Payments

Property Price
Enter the price of the property. You can give us the official price of the property or your offer.

Number of Years
Enter the length of your mortgage payment (in years).

Property Taxes
Enter an estimated amount of property taxes.

HOA Dues
(Homeowners Association). Monthly dues you will pay if you live in a community of neighbors such as an apartment block with common areas.

Attachment
Enter the amount you are providing for the deposit.

Interest rate
Enter the interest rate provided by your trusted financial institution. This is conditioned by the current real estate market valuation along with your credit score.

Principal Amount and Interest
This is the monthly payment on your mortgage, including the principal amount plus interest added. Which defines your monthly mortgage payments.

FAQ

Are mortgage calculators really accurate?
Yes, as long as you add all the necessary variables such as down payment, interest rate, principal, and the correct accurate period. Remember that on many mortgage loans you may have a mixed interest agreement. That is, combine fixed interest rates and variable interest rates.
It’s simple. The fixed interest rate is agreed before signing the mortgage and does not change for the duration of the mortgage. This interest rate is perfect for clients who are looking for stability and peace of mind because the repayments are not affected by any external factors, such as inflation. A variable interest rate is one that increases in times of financial abundance where mortgages are in high demand. However, in times of market stagnation it will lower your interest rate, reducing monthly payments.
There may be other expenses associated with your mortgage. That is, HOA dues, home taxes, home insurance, mortgage insurance… Some of these expenses are annual, but it is advisable to include them within your calculations to estimate monthly expenses.
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