Professional monthly payment calculator using real Freddie Mac rates. Covers all loan types, PMI, taxes, HOA, prepayment savings, affordability check, and refinance analyzer.
Rates: March 24, 2026Freddie Mac PMMSPMI Auto-CalcPrepayment AnalyzerRefinance Check
Select Loan Type
Current Rates — USA • Week of March 24, 2026 • Freddie Mac PMMS & Bankrate
Fed rate held at 3.50-3.75% (FOMC March 17-18, 2026). Rates for 780+ FICO, 20% down, owner-occupied, single-family purchase loans. Your rate may vary.
Loan Details
Property & Down Payment
Home Price
$400,000
$
Please enter a valid home price.
Down Payment
20% - $80,000
%
Loan amount: $320,000
Loan Terms
Interest Rate
6.25%
% per year
Please enter a valid interest rate.
Avg 30-Yr Fixed: 6.25% • Freddie Mac, March 2026
Loan Term
30 Years
Years
Please enter a loan term between 1 and 30 years.
Monthly Add-ons (Optional)
Property Tax
$0/mo
$/year
US avg ~1.1% of value/yr • $400k home = ~$367/mo
Home Insurance
$0/mo
$/year
US avg $1,500-$2,500/yr • Higher in coastal states
HOA Fee
$0/mo
$/month
For condos and planned communities • Enter 0 if N/A
$
Ready to Calculate
Fill in your loan details and click Calculate Monthly Payment to see full breakdown, amortization, prepayment savings, loan comparison, affordability check, and refinance analyzer.
Total Monthly Payment
$0
Loan Summary
Loan Amount
-
Total Interest
-
Total Cost
-
Interest Share
-
Principal vs Interest
Year-by-year principal paid, interest paid, and remaining balance throughout your loan.
Year
Principal
Interest
Total Paid
Balance
% Done
Add extra monthly payments to see how much interest and time you save over the life of the loan.
Extra Monthly Payment
$0/mo
$
/month
Prepayment Savings
Interest Saved
-
Time Saved
-
New Payoff
-
All major loan types at current 2026 rates for your loan amount. Your selected type is highlighted.
Loan Type
Rate
Term
Monthly P&I
Total Interest
Total Cost
Best For
28/36 Rule: Mortgage should be max 28% of gross income; all debts combined max 36%. Most US lenders use this to approve loans.
Gross Monthly Income
$
/month
Other Monthly Debts
$
/month
Mortgage Ratio
-
Total DTI
-
Min Income Needed
-
Enter your current loan details to see if refinancing saves money and when you break even on closing costs.
Current Rate
% current
Remaining Balance
$
Remaining Term
years left
Closing Costs
$
Old Monthly P&I
-
New Monthly P&I
-
Monthly Savings
-
Break-Even
-
Disclaimer: Rates from Freddie Mac PMMS (March 19, 2026), Bankrate, and Fortune. National averages for 780+ FICO, 20% down, owner-occupied, single-family purchase loans. Actual rate depends on your credit score, lender, LTV ratio, loan amount, and market conditions. PMI estimated at ~0.85%/yr — actual varies by lender. For informational purposes only. Not financial advice. Consult a licensed mortgage professional.