Mortgage Calculator
How much will your mortgage payments be?
Provision of the calculator on this page is not an offer of credit. Its use in no way guarantees that credit will be granted. This calculator is solely for informational purposes and provides reasonably accurate estimates; the calculations are not intended to be relied upon as actual loan computations.
How To Use the Truliant Mortgage Calculator
Enter the values or use the slide.
- Start with Basic (default) and use Advanced if needed
- Add the sale price
- Enter the down payment (20% is typical)
- Include the Term (years)
- Finally, the interest rate (check rates here)
The calculator will update with each of your entries.
A mortgage is borrowing money from a financial institution to buy a house.
Interest rates on a mortgage can vary or be a set rate that applies to the life of the loan.
Failure to make payments, according to the terms of the mortgage, can result in foreclosure of the property.