Purchase price Please enter here the amount you expect to pay for a home. Down payment Down payment is cash that you pay upfront for your home. Term in years Number of years you have to pay. year(s) Interest rate (per year) The percentage of interest that you will pay on your mortgage for a specific term. Calculate Your total monthly payment Principal & Interest Purchase price Please enter here the amount you expect to pay for a home. Down payment Down payment is cash that you pay upfront for your home. Term in years Number of years you have to pay. year(s) Interest rate (per year) The percentage of interest that you will pay on your mortgage for a specific term. Calculate Your total monthly payment Principal & Interest