It’s important to know how much your next home is going to cost you each month. The best way to figure this out is to speak to a qualified mortgage professional, however in the meantime you can use the tool below to calculate an estimate. Add the purchase price of the home you are looking to buy, set the term of the mortgage, enter your down payment amount, taxes, interest rate, insurance costs and monthly housing association (HOA) fee if you know it. If you are unsure what numbers to put in here I’d be only too happy to help!