Loan Calculator 2026

FREE TOOL · UPDATED 2026

Home Loan Calculator

Instantly calculate your monthly payment, total interest, and full amortization schedule. Covers Hero, Conventional, FHA, VA, USDA, and Jumbo loans — no sign-up required.

Select Loan Type

HERO 🎍

Hero Home Loans

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Conventional Loans

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FHA Loans

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VA Loans

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USDA Loans

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Jumbo Loans

🎍 Hero Home Loan Inputs

Home Price ($)

⭐ Down Payment Assistance — DPA ($)

Enter the grant or forgivable loan from your state hero program

Down Payment ($)

Your own contribution (not including DPA)

VA Funding Fee (%)

First use: 2.15% · Subsequent: 3.3% · Disabled veterans: 0%

USDA Upfront Guarantee Fee (%)

USDA upfront fee: 1.0% of loan amount (added to loan)

Loan Term 30 Years (Fixed) 20 Years (Fixed) 15 Years (Fixed) 10 Years (Fixed)

Interest Rate (%)

Verify current hero loan rates in your state

Property Tax (Annual $)

Homeowner’s Insurance (Annual $)

PMI Rate (% of loan / year)

Enter 0 if your hero program waives PMI

FHA Annual MIP (% of loan / year)

FHA mortgage insurance premium — required for life of loan if down <10%

USDA Annual Fee (% of loan / year)

USDA annual guarantee fee: 0.35% of remaining balance

📊 Your Results

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Results will appear here automatically as you enter your loan details.

Monthly Payment

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Principal & Interest

Total Monthly (PITI)

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incl. tax, ins, PMI

Loan Amount

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after down payment

Total Interest

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over loan term

Total Cost

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principal + interest

LTV Ratio

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loan-to-value

Hero DPA Benefit

Principal vs. Interest -

Principal Interest

Year	Annual Pmt	Principal	Interest	Balance

Disclaimer: This calculator is for estimation purposes only and does not constitute financial advice. Actual loan terms, rates, and payments may vary by lender and state. Always verify current rates and program details with a licensed lender or your state’s official housing finance agency. StatewiseFinance.com is not a lender or mortgage broker.