Before you start house hunting, it helps to know what you can afford. Our easy-to-use mortgage calculator lets you explore monthly payment estimates based on your loan amount, interest rate, down payment, and term. It’s a simple tool to help you budget and compare different scenarios, so you can shop smarter and borrow with confidence.
Use this calculator to:
- Estimate your monthly mortgage payment
- Compare loan terms (15-year vs. 30-year, fixed vs. adjustable)
- See how your down payment affects your total cost
- Prepare for conversations with your mortgage lender
Note: This tool provides an estimate only and does not guarantee loan approval or final terms. For a personalized quote, speak with one of our mortgage experts.
Next Steps: Let’s Turn Numbers into a Plan
While the calculator helps you explore “what if” scenarios, our mortgage team helps you take the next step toward “how.” Whether you’re buying your first home, building new, or refinancing, Sovereign Bank is here with local guidance and real solutions.
Connect with Us for a Custom Quote.
Want to understand how much home you can afford – or how to strengthen your buying position? Our local lenders are happy to help you.
