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Year | Opening Balance | Principal (P) | Interest (I) | Total (P+I) | Closing Balance |
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Get a personalized plan based on your unique financial goals and homeownership journey. Our experts are here to help you make confident, informed decisions.
Mortgage Calculator
Thinking about buying a home anywhere in the USA?
Estimate your monthly mortgage payment in seconds with our easy-to-use mortgage calculator. Compare loan options, calculate mortgage payments, and explore tailored financing solutions designed to fit your homeownership goals. Whether you’re a first-time buyer or refinancing, Pegasus Mortgage has you covered.
Our home mortgage calculator provides quick estimates for your monthly payments, including taxes, insurance, PMI, and HOA fees. Simply enter your loan amount, interest rate, and other details to calculate your mortgage payments.
We offer mortgage programs across all 50 states including:
Personalized Mortgage Solutions for Every State
Helping you achieve your homeownership goals

10,000+
Families secured their dream homes with Pegasus

$5B+
Mortgage loans funded

20+ years
Trusted mortgage expertise
Why Choose Pegasus Mortgage?
Tailored Mortgage Solutions for You

10,000+
Families secured their dream homes with Pegasus

Fast Closings
Get approved in as little as 24 hours.

Simple & Secure Online Application
Use our mortgage calculator and amortization tool to explore your payment options and amortization schedules.

Flexible Mortgage Terms
Choose from 10, 15, 20, or 30-year fixed mortgage terms, with down payment options starting at just 5%.

Access Your Home Equity
Unlock up to $500K of your home’s value with HELOC options tailored to your financial goals.
Get your personalized mortgage plan
Our mortgage specialists are here to provide expert guidance tailored to your needs. Whether you’re a first-time homebuyer or refinancing, we’ll help you secure the best mortgage solution with confidence.
FAQs on mortgage calculator
What is a mortgage calculator?
A mortgage calculator is an online tool that estimates monthly mortgage payments based on factors like loan amount, interest rate, and down payment.
How can I calculate my mortgage payment in the USA?
To calculate your mortgage payment, enter your loan amount, interest rate, and amortization period into our mortgage payment calculator USA. It will generate an estimated monthly payment, including principal and interest.
Does the mortgage calculator include taxes and insurance?
Our calculator estimates principal and interest. You may need to factor in property taxes, insurance, and mortgage insurance if applicable.
Can I use the calculator for different loan types?
Yes! Our calculator helps estimate payments for:
- Fixed-rate and variable-rate mortgages.
- First-time homebuyer programs.
- Refinancing options.
- Home equity loans.
How does my down payment impact my mortgage?
A down payment of 20% or more eliminates the need for mortgage insurance. Smaller down payments (as low as 5%) may require mortgage insurance, which slightly increases monthly costs.
Can I calculate mortgage payment for refinancing?
Yes, our mortgage calculator USA works for refinancing scenarios, allowing you to compare new mortgage terms and monthly payments.