LendingTree Home Loan Calculators
Estimate monthly mortgage payments, how much house you can afford, mortgage insurance costs, refinance break-even points and more.
Advertising Disclosures
Loading Disclosures…
Your guide to mortgage calculators on LendingTree
Crunching the numbers is a crucial step as you shop for a mortgage. Explore LendingTree’s loan calculators to estimate payments, borrowing costs and affordability. Then, use our guides to understand your options and plan your next financial move.
Calculators for buying a home
Estimate monthly payments for common loan types and how much house you can afford.
Mortgage refinance calculators
Learn how much you can save with a refinance, find your break-even point and more.
Home equity calculators
Estimate your monthly and lifetime savings with a refinance and explore program-specific calculators.
Expert guides and advice
Explore advice from LendingTree experts on key parts of the mortgage lending process.
Lender reviews and our picks for the best lenders
Research mortgage lenders and explore borrower requirements.
Explore LendingTree mortgage calculators
Calculators for buying a home
Estimate your monthly mortgage payment based on a home price, interest rate, loan term and down payment amount.
Find out how much of a mortgage you can qualify for and how much house you can afford.
Check the FHA mortgage payment on a home purchase.
Estimate the mortgage payment and funding fee on a VA loan.
Determine whether renting or buying a home is more cost-effective in your situation.
See how much of your monthly income is dedicated to repaying debt.
Mortgage refinance calculators
Estimate how much you could save by refinancing and find your break-even point.
Estimate how much cash you can borrow against your home and what your monthly payments might be.
Home equity calculators
Estimate how much home equity you may qualify to borrow based on common lender limits.
Find out how much money you can receive based on your home’s value and how much equity you have.
Compare your options
HELOC vs. home equity loan
Compare second mortgage types side-by-side to find out which option is best for you.
Jumbo vs. conventional loans
Explore the differences between high-balance conventional loans and jumbo loans.
Reverse mortgage vs. home equity loan or HELOC
Learn the key factors to consider when comparing reverse mortgages, home equity loans and HELOCs.
Is it better to rent or buy a house?
Explore the factors that go into a decision about renting versus buying a home.
Mortgage rates and market insights
Current average rates
are averaging:
7.18%
are averaging:
6.17%
Mortgage market insights
- Home affordability is fairly low, as home prices and interest rates remain elevated.
- Nationwide, the vast majority of metro areas are currently buyer’s markets.
- Comparison shopping for a mortgage can save buyers more than $62,500, according to a LendingTree analysis.
Explore this month’s mortgage rate predictions and home affordability score.
Mortgage Rate Trends
Rate trend chart
Rate summary
| Loan Type | Avg. APR | 3 Month Diff. |
|---|---|---|
| 30 Year Fixed | 7.36% | 0.48% |
| 15 Year Fixed | 6.52% | 0.24% |
| 5/1 ARM | 7.47% | 1.10% |
LendingTree mortgage studies and reports
Comparing Mortgage Offers Could Save Borrowers Tens of Thousands
A LendingTree analysis finds that borrowers who compare offers could save an average of $62,572.
First-Time Buyers Get Smaller Loans, Put Less Down — and Pay Higher Rates
A LendingTree report looks at first-time homebuyers’ mortgage loans.
Homebuyer Down Payments by Generation in the 50 Largest US Metros
Gen Z shoppers in the nation’s 50 largest metros plan to put down far less than any other generation.
54% of Buyers Don’t Shop Around for a Mortgage
A statistical bird’s eye view of the U.S. mortgage market.
Many Say It Would Take a Housing Market Crash to Buy
Many Americans are rooting for the housing market to crash so they can afford to buy.
Fair Market Rents Have Risen Dramatically Since 2021
Renting has become more expensive across much of the U.S, according to a LendingTree study.
Expert guides and advice
Mortgage purchase and shopping guides
-
Mortgage loan: Process, types and payments
An essential overview of the mortgage loan process.
-
How does mortgage preapproval work?
Learn more about this important early step in the homebuying process.
-
How to apply for a home loan
Step-by-step instructions on how to apply for a mortgage.
-
How to shop for a mortgage and compare offers
Tips to help you compare lenders and offers to ensure you’re getting the best deal.
- Browse more mortgage resources
Mortgage refinance guides
-
Can you be denied a refinance? 6 common reasons why
Understand why refinances get denied — and what you can do about it.
-
What credit score is needed to refinance?
View the minimum credit scores needed to refinance across a wide range of common loan programs.
-
How to lower your mortgage payment with a refinance
Learn about four refinancing strategies that can reduce your mortgage payment.
-
Getting a refinance after bankruptcy
Learn about the mandatory waiting periods required for those refinancing after bankruptcy.
-
How to refinance with bad credit
Learn which refinance programs allow for credit scores between 500 and 580.
Home equity loan, HELOC and reverse mortgage guides
-
HELOC with bad credit: Best lenders and how to get approved
Review HELOC lenders who may approve borrowers with credit scores as low as 600.
-
Home equity loan with bad credit: Best lenders and how to qualify
Discover home equity loan lenders who work with low-credit borrowers.
-
How to use home equity: The best (and worst) ways
Learn about the best strategies for leveraging your home equity — and which moves to avoid.
-
How to get a high-LTV home equity loan or line of credit
Learn how to borrow above the typical 85% home equity maximum.
LendingTree’s top home loan lender picks
Mortgage lenders reviewed by LendingTree
Ready to compare?
How to get banks to compete for your business with LendingTree
Shopping for a home loan shouldn’t mean filling out tons of applications. With one form, compare rates from our network of vetted mortgage lenders — when banks compete, you win.
1. Tell us what you need
Take two minutes to tell us about yourself, your home and when you need the loan.
2. Shop your offers
If you qualify, we’ll send you offers from up to five lenders from the nation’s largest lender network.
3. Buy your home
You’ll choose the lender that fits your budget and needs and send in a formal application. They’ll loan you the money for your home if you’re approved.
Frequently asked questions
A loan calculator does the math needed to help you better understand a loan option. Typically, loan calculators estimate the cost of borrowing money based on factors such as the loan amount, interest rate and repayment term. Depending on the calculator, you can estimate monthly payments, total interest, how much you can afford and other costs.
The right calculator depends on what you’re trying to accomplish. If you’re buying a home, use a mortgage, home affordability, FHA or VA loan calculator. If you already own a home, a refinance, cash-out refinance or home equity calculator can help you explore your options. A reverse mortgage calculator can help eligible homeowners estimate potential proceeds from a reverse mortgage.
Loan calculators provide estimates based on the information you enter and shouldn’t be considered a loan offer or guarantee. Your actual monthly payment, interest rate and borrowing amount may vary based on factors such as your credit history, income, outstanding debt, down payment, loan terms, property taxes and homeowners insurance.
The information you need depends on the calculator, but you may be asked for things like the loan amount, home price, down payment, interest rate, loan term, income, debts or your current mortgage balance. Having this information available can help you get a more personalized estimate.