Payment Estimator | Pragmatic Mortgage

Current public data and calculations from Pragmatic Mortgage. Anonymous access; no account required.

calculator

slug: payment
title: Payment Estimator
description: See mortgage payment by rate, term, amortization and frequency.
category: payments
url: https://pragmatic.mortgage/calculators/payment
input Schema: { "type": "object", "properties": { "principal": { "anyOf": [ { "type": "number" }, { "type": "string", "pattern": "^-?\\d+(?:\\.\\d+)?$" } ] }, "nominalRatePercent": { "anyOf": [ { "type": "number" }, { "type": "string", "pattern": "^-?\\d+(?:\\.\\d+)?$" } ] }, "amortization": { "type": "object", "properties": { "years": { "type": "integer", "minimum": 0, "maximum": 40 }, "months": { "type": "integer", "minimum": 0, "maximum": 11 } }, "required": [ "years", "months" ], "additionalProperties": false }, "term": { "type": "object", "properties": { "years": { "type": "integer", "minimum": 0, "maximum": 40 }, "months": { "type": "integer", "minimum": 0, "maximum": 11 } }, "required": [ "years", "months" ], "additionalProperties": false }, "compounding": { "type": "string", "enum": [ "semi_annual", "monthly", "annual", "quarterly", "bi_weekly", "weekly", "daily" ] }, "frequency": { "type": "string", "enum": [ "monthly", "semi_monthly", "biweekly", "accelerated_biweekly", "weekly", "accelerated_weekly" ] }, "startDateISO": { "type": "string", "format": "date-time" }, "interestOnly": { "type": "boolean" }, "explicitPayment": { "anyOf": [ { "type": "number" }, { "type": "string", "pattern": "^-?\\d+(?:\\.\\d+)?$" } ] }, "recurringIncrease": { "type": "object", "properties": { "amount": { "anyOf": [ { "type": "number" }, { "type": "string", "pattern": "^-?\\d+(?:\\.\\d+)?$" } ] }, "startPayment": { "type": "integer", "minimum": 1 }, "label": { "type": "string", "minLength": 1, "enum": [ "Option A", "Option B", "Option C", "Current payment", "Current offer", "Alternative offer", "Lender retention", "Market offer", "Prepayment", "Lump sum", "Recurring increase" ] } }, "required": [ "amount", "startPayment" ], "additionalProperties": false }, "oneTimePrepayments": { "type": "array", "items": { "type": "object", "properties": { "amount": { "anyOf": [ { "type": "number" }, { "type": "string", "pattern": "^-?\\d+(?:\\.\\d+)?$" } ] }, "paymentNumber": { "type": "integer", "minimum": 1 }, "label": { "type": "string", "minLength": 1, "enum": [ "Option A", "Option B", "Option C", "Current payment", "Current offer", "Alternative offer", "Lender retention", "Market offer", "Prepayment", "Lump sum", "Recurring increase" ] } }, "required": [ "amount", "paymentNumber" ], "additionalProperties": false }, "default": [] } }, "required": [ "principal", "nominalRatePercent", "amortization", "term", "compounding", "frequency" ], "additionalProperties": false }