Mortgage Calculator

Your monthly payment covers loan repayment and interest. With amortization, the payment stays the same, but more goes toward the principal as the balance decreases.

Connect with a Loan Originator
$50,000 $2,000,000
Enter the price of the home you want to buy.
$5,000 $1,000,000
Enter the amount you plan to put down initially.
Enter the number of years you plan to pay off the mortgage.
Enter the annual interest rate of the mortgage.

Results

Estimated Monthly Payment: $0.00

Loan Amount (Principal): $0.00

*The results provided by this mortgage affordability calculator are estimates and are for informational purposes only. They are not intended to provide financial advice, constitute a loan offer, or guarantee loan approval. Actual loan amounts, interest rates, terms, taxes, insurance, and other costs may vary based on your individual financial situation, credit profile, and lender criteria.

We recommend consulting with a licensed mortgage professional for a full assessment of your affordability and to explore all available financing options.

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A Meadowbrook mortgage representative will contact you within 24 to 48 hours.


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