The Mortgage Calculator is a great tool to estimate how much home you can afford. Your total monthly payment includes not only principal and interest on your loan, but also property taxes and homeowners insurance premiums. Depending on the type of financing and the amount of the down payment, your monthly payment may also include Private Mortgage Insurance (PMI). Talk with a lender to find out what financing options are available to you. Find a list of selected lenders here.
Enter the projected home price and down payment in the calculator. Zillow automatically fills in the current interest rate for the loan term selected. Use the 'Advanced' tab to see or change estimated property tax and insurance costs.