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Mortgage Payments Made Easy

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Estimate Your Mortgage in Seconds

Enter your details below to get an instant estimate of your mortgage payment.


Loan Amount

Annual Interest Rate

Amortization



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Year Opening Balance Principal (P) Interest (I) Total (P+I) Closing Balance

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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:

Conventional Loans: Ideal for borrowers with good credit, these loans offer competitive interest rates without the need for private mortgage insurance (PMI) if you make a down payment of 20% or more. Perfect for those looking for fixed or adjustable-rate mortgage options.
FHA Loans: Designed for first-time homebuyers and those with lower credit scores, FHA loans require a smaller down payment and provide more flexible credit requirements. Backed by the Federal Housing Administration for secure homeownership.
VA Loans: Exclusively for veterans, active-duty service members, and eligible spouses. These loans offer 100% financing options, competitive rates, and no PMI requirement, making homeownership more accessible for the military community.
USDA Loans: A great choice for rural and suburban homebuyers. USDA loans offer zero down payment options, affordable interest rates, and flexible eligibility criteria for low- to moderate-income families.
Jumbo Mortgages: Tailored for high-value property purchases that exceed standard conforming loan limits. Ideal for luxury homebuyers looking to finance properties with competitive interest rates and various term options.
Refinancing Options: Whether you’re looking to lower your monthly payment, reduce your interest rate, or access your home’s equity, our refinancing options are designed to meet your financial goals with ease.
Home Equity Loans (HELOCs): Unlock your home’s value with a Home Equity Line of Credit. Perfect for renovations, debt consolidation, or major expenses, with flexible repayment terms to suit your needs.
Investment Property Loans: Designed for real estate investors, these loans provide financing for rental properties, vacation homes, and commercial investments with tailored solutions for maximum returns.

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.

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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.