Mortgage Calculator

young man using a mortgage calculator

Mortgage Calculator

The mortgage specialists at Phoenix are committed to supporting you, and we are here to work on your behalf. Our goal is to offer you the best and most affordable financing for your particular situation. With over 40 years of combined experience in this field, we know how to get the job done, and we know how to get it done well. Before getting started in the process, though, we have given you a convenient tool on this page to calculate for yourself an estimation of how your mortgage agreement may translate into a monthly payment. We call it our mortgage calculator. Feel free to give it a try.

The mortgage calculator, below, includes home price, interest rate, years (term of the loan), down payment, and the automatically calculated monthly payment.

Feel free to insert the price of your desired home, or if there is no exact home in mind, consider inserting a realistic estimation within the price range of what might be your desired home price.

Next, insert the interest rate into the mortgage calculator. This can typically be between 3-6%. If you do not have exact quotes of the interest rate, try inserting different, realistic percentages for a larger estimate range.

Insert the amount of years in which you wish to be paying on the loan. The typical loan terms are 30-year and 15-year, but there are a number of options to choose.

If you know a down payment is an option, definitely factor in that amount. Down payments can make an enormous difference in your monthly payments.

Discover your monthly mortgage payment estimate!

Try it now

Phoenix Mortgage Specialists, Inc. is proud to serve all our clients across Georgia and Alabama with premier mortgage services specially tailored to their respective preferences and needs. It is our greatest pleasure to be a consistent source of professional guidance and expertise for every prospective homeowner and for those interested in refinancing your loan. If you have any questions or if you are curious to know how we can help you find competitive mortgage rates, contact us. We would love to be of service to you in any way possible, and we would love to help answer any of your mortgage-related questions or concerns.


"When all other lenders told me that I could not buy a home, Phoenix Mortgage Specialists, Inc. told me I could. Thank you Phoenix Mortgage Specialists, Inc. for making my dreams of homeownership a reality."Tavaris R.
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