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Mortgage Payment Calculator

Check how much you will pay monthly based on current mortgage rates and local average taxes.

loanUnion
Mortgage
Calculator

Check how much you will pay monthly based on current mortgage rates and local average taxes.

loanUnion
Loan 101
Guide

Check how much you will pay monthly based on current mortgage rates and local average taxes.

Your Loan Options

Loan Type

30-Year

he most common mortgage type

10-Year

Payments are higher, but much less interest is paid over time vs 10-yr loans

5/1 ARM

After 5 years, interest rate & mo. payment can change annually

6/1 ARM

After 6years, interest rate & mo. payment can change annually

VA 30-Year Fixed

PMI is not required for VA loans, but there may be a VA funding fee

Current Avg.
APR
3.95%
3.95%
3.80%
3.33%
3.79%
Min. Down
Payment*
3.95%
3.95%
3.0%
3.0%
0%
Best for

Low monthly payments
that won't change

Paying loan off faster
(vs 10-year loans)

Those who might sell
within 5 years

Qualifying veterans and
active military

Qualifying veterans and
active military

Frequently Asked
Questions

What is a Mortgage?

In a nutshell, a mortgage is a loan that enables you to cover the cost of a home. Since you probably don't have hundreds

Mortgage Terms Explained, From ARMs to Points

In a nutshell, a mortgage is a loan that enables you to cover the cost of a home. Since you probably don't have hundreds

Getting Your Finances In Order

In a nutshell, a mortgage is a loan that enables you to cover the cost of a home. Since you probably don't have hundreds

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