Mortgage Calculator
With low mortgage rates and a broad range of mortgage products, Axos Bank is your home for mortgage solutions. Use our home loan calculator to estimate your monthly mortgage payment based on the loan amount and options you select.1
Today’s Mortgage Rates
Select Purchase or Refinance to get started
Mortgage Loan Terms
Amortization: The process of paying off a debt over time through fixed monthly payments. Each payment is broken down into interest and principal portions.
Adjustable Rate Mortgage (ARM): A type of mortgage that has the same interest rate for a fixed number of years, but then allows an annual adjustment to the interest rate after the fixed rate period ends.
Down Payment: The upfront payment of a portion of the home purchase price.
Fixed Rate Mortgage: A type of mortgage that has the same interest rate throughout the entire loan term.
HOA Fees: Monthly fees paid by the borrower to a homeowners association (HOA) for the use of common areas as well as the maintenance and improvement of the complex.
Homeowner's Insurance: A type of insurance that pays for the damage or loss of your home and belongings.
Home Purchase Price: The purchase price of a home.
Interest Rate: A percentage of the loan amount paid to the lender.
Loan Amount: The total amount you want to borrow from the lender.
Loan Term: The number of years a borrower makes monthly payments towards a home loan.
P&I: The monthly mortgage payment that includes amounts for principal and interest.
PITI: The monthly mortgage payment that includes amounts for principal, interest, property taxes, and homeowner's insurance.
Property Tax: An annual tax paid to the local government based on the value of the property.