To land your best mortgage deal it's best to make three to four lenders battle for your business by shopping the competition. Our handy mortgage lending portal will help you calculate your mortgage payment and get personalized quotes!
Get started by filling in your home loan information then click view details. You'll instantly get a full rundown of your estimated monthly payment. What's more, shopping lenders is easy. Just pick a handful of the best deals and contact each lender directly from our mortgage lending portal.
How your monthly mortgage payment is estimated
Bankrate provides an estimate of your monthly mortgage payment by crunching the numbers on a few important factors, including your location, home price, down payment, loan term, and interest rate. The biggest component of your monthly mortgage payment will be principal and interest, followed by other insurance and fees, including property taxes, homeowners insurance, HOA fees, and private mortgage insurance. Each homeowner's situation will vary. For example, individuals putting down 20% or more won't have to pay private mortgage insurance.
Rate information is provided to The Motley Fool and managed by BankRate. For more information on how BankRate populates this table click here. The Motley Fool does not endorse any included banking provider. BankRate and the banks listed here have compensation relationships and The Motley Fool may be compensated for leads and clicks generated from this page. Read our disclosure policy to learn how we make money.