Mortgage Loan Rate Calculator
Calculate your mortgage loan rate and see how different rates affect your monthly payments.
Use our mortgage calculator to estimate your loan rate
Go to Main Calculator- Credit Score: Most important factor
- Down Payment: 20%+ gets best rates
- Loan Type: Conventional vs FHA/VA
- Market Conditions: Current rates
5.5% Rate
$2,270/month
Total Interest: $417,200
6.0% Rate
$2,398/month
Total Interest: $463,280
Improve Your Credit Score
Pay bills on time, reduce credit card balances, and avoid new credit applications. Even a 20-point improvement can save thousands over the life of your loan.
Make a Larger Down Payment
A 20% down payment eliminates PMI and often qualifies you for better rates. Consider saving longer for a larger down payment to get the best rate.
Shop Multiple Lenders
Compare rates from at least 3-5 lenders. Even small rate differences can save you thousands over the life of your loan. Don't just accept the first offer.
Calculate Your Mortgage Rate
Use our mortgage calculator to estimate your loan rate and monthly payments.
Start Calculating