Don’t let surprises hit your budget. Calculate your monthly mortgage payments instantly using your home price, down payment, rate, and term—plan with confidence.
Don’t let surprises hit your budget. Calculate your monthly mortgage payments instantly using your home price, down payment, rate, and term—plan with confidence.
Whether you’re a first-time buyer, refinancing, or just comparing mortgage options, our calculator helps you plan ahead by giving you a clear estimate of your monthly cost.
Every homebuyer wants to know what their monthly payment will be.
Compare your current mortgage with a new one to see potential savings.
Estimate how much house you can afford based on your income.
Shows how extra payments reduce interest and shorten your mortgage.
Mrates provides some of the lowest mortgage rates in the market by leveraging exclusive lender deals and analyzing extensive client data. Our approach ensures clients benefit from competitive rates, transparent fees, and flexible mortgage options tailored to their unique needs.
We help clients navigate the complexities of mortgages with personalized advice for:
Based on 2024–2025 client data, Mrates consistently beats average rates from major banks and brokers while providing clear guidance and support throughout the mortgage process.
| TERM | POSTED | Mrates* |
|---|---|---|
| 6 mo. | 7.89% | 7.49% |
| 1 Yr. | 6.15% | 5.24% |
| 2 Yr. | 5.44% | 4.79% |
| 3 Yr. | 4.62% | 4.14% |
| 4 Yr. | 6.01% | 4.44% |
| 5 Yr. | 4.56% | 3.99% |
| 7 Yr. | 6.41% | 5.19% |
| 10 Yr. | 6.81% | 5.29% |
| Variable | - | 4.55% |