Monthly payment calculator.

This is a fixed-rate home-purchase illustration. The home’s value is assumed to equal its price. FHA and USDA monthly charges use the first year’s average scheduled balance. FHA mortgage insurance depends on loan amount, loan term, and down payment. VA has no monthly mortgage insurance. Conventional and non-QM mortgage insurance uses your custom estimate below 20% down and is excluded at 20% or more down in this model.

The 6.5% starting interest rate is an editable hypothetical assumption, not an offered rate or APR. Fees reflect the program guidance reviewed September 13, 2026 and may change. Eligibility, property requirements, loan limits, and VA exemptions need lender review. This tool does not include other closing costs, prepaid items, reserves, or USDA’s technology fee.