New York mortgage calculator

Monthly payment

$1,529/mo
Get pre-approved

Monthly payment breakdown

$1/mo

00000

Principal & interest

$600

Simple steps to get pre-approved

1

Share a few details

Tell us about your income, credit, and home goals—it takes as little as 3 minutes and won’t affect your credit score.

2

See your homebuying budget

In minutes, we’ll show you exactly how much you can get pre-approved for—so you know your price range before you shop.

3

Get your pre-approval letter

Download your letter instantly and start touring homes with confidence (and a stronger offer in hand).

Check your homebuying power

See what I qualify for

...in as little as 3 minutes –

no credit impact

New York mortgage calculator with PMI & taxes

A mortgage calculator for home loans can show your true monthly housing costs before you commit to a home loan.


New York home shoppers balance a lot of numbers: home prices, loan sizes, down payments, interest rates, property tax rates, mortgage insurance premiums, and so on.


A mortgage payment calculator shows how these variables come together to shape a home's monthly payment.


These tools are invaluable for comparing loan scenarios — and Better makes it easy by doing the heavy lifting for you. With access to an extensive network of investors, Better essentially “shops the market” on your behalf to find competitive rates, saving you the time and stress of lender-hunting. In fact, The Wall Street Journal named Better the Best Lender for Affordability in 2024.

How to find your payments with a mortgage calculator for home loans
What you can do with this home payment calculator
What does a mortgage payment include?
Mortgage payment formula for New York
How to lower monthly mortgage payments
Types of mortgage loans

1400+ customers

provide us 5 stars in

The team was very attentive

Very attentive and easy to talk to. Explained every step clearly.

The team was very attentive

Very attentive and easy to talk to. Explained every step clearly.

Best rates in the market

Organized underwriting handled our complex finances and beat other rates.

Stress-free process

Professionalism and attention to detail made the process stress-free.

1/3

Get your custom quote

Get a personalized offer

...in as little as 3 minutes –

no credit impact

Expert opinions

Why is it important to look beyond just principal and interest when using a mortgage calculator?

There are variable costs such as taxes and insurance which are also important to factor in affordability over time.

Gen Gonzalez
Gen Gonzalez

Loan Consultant

NMLS #1924902

How can buyers balance the tradeoff between today's higher rates and the risk of rising home prices?

As the market continues to shift towards a buyers' market, we are seeing more and more seller concessions to allow buyers the options for buying down interest rates on the seller's penny. Rising home prices will lead to more equity and financing options in the future once you purchase.

David Schultz
David Schultz

Loan Consultant

NMLS #1952787

If a calculator shows a higher monthly payment than expected, what should a buyer do first?

Connect with a licensed loan officer to help identify a realistic payment tailored towards the loan type they qualify for and the home they want to purchase.

Lonnie Johnson
Lonnie Johnson

Loan Consultant

NMLS #813575

Compare rates

No products found for the selected criteria.

Historical mortgage rate trends

New York mortgage calculator FAQs

More resources: rates & calculators

Affordability calculator

See how much home you can comfortably afford before you start shopping.

Calculate my budget ->

Rent vs. buy calculator

Wondering if it’s time to buy? Compare the real costs side by side.

Compare my costs ->

HELOC payment calculator

Know what getting cash from your home could cost before you decide.

Estimate my payments ->

Mortgage rates

Stay on top of rates so you can lock in the right one at the right time.

See today's rates ->

HELOC rates

Compare the latest HELOC rates and understand your options.

See today's rates ->

Refinance rates

Check current refi rates to see if lowering your payment is within reach.

See today's rates ->

Related articles

The Year of the Home: 2020 in Review

In the socially distanced world of 2020, Better helped 88,100+ new clients navigate their homeownership journey with ease, confidence, and a ton of savings.

Read now

What is home appreciation in real estate?

Learn what home appreciation is, how it differs from home depreciation, and how it benefits homeowners, including property value growth and loan options.

Read now

Is now a good time to buy a house? Key factors to weigh

Wondering if now is a good time to buy a house? Explore housing market trends, mortgage rates, and personal factors to guide your decision.

Read now

Understanding the Mortgage Underwriting Process Timeline

Learn what the underwriting process timeline looks like, what underwriters review, common approval conditions, and how Better helps speed up the process.

Read now

Homeowner credit scores are at a record high

Homeowner credit scores are at their highest in 15 years, and with new Fannie Mae rules, they could go further on a refinance application.

Read now

Conforming loan limits are going up

To help buyers keep up with record high home prices, the FHFA is raising the limit on conforming loans—and it could help you save on a home.

Read now

First time condo buyer: 7 things you need to know

Buying a condo comes with plenty of perks, but here’s what you need to consider before committing to this type of home.

Read now

Mortgage application denied? Here’s what you can do

Mortgage application denied? Discover common reasons for denial and expert tips to strengthen your next application and boost your chances of getting approved.

Read now

What hurts home appraisal for refinance? Things you should consider

Discover what affects a home appraisal for refinance, including how cleanliness and other factors may influence its value. Learn what appraisers look for and how to prepare your home.

Read now
1/1
Visit our learning center

Check your homebuying power

See what I qualify for

...in as little as 3 minutes –

no credit impact

Mortgage Calculator is for estimation purposes only. Real payments will vary and may include (but are not limited to) the following fees: home insurance, HOA payments, taxes, regional fees, etc. All calculations assume eligibility for the selected loan. This is not a commitment to lend.

Better

Better is a family of companies serving all your homeownership needs.

  • better mortgage homepage

    We can’t wait to say “Welcome home.” Apply 100% online, with expert customer support.

  • better real estate page

    Connect with a local Better Real Estate Partner Agent to find out all the ways you can save.

  • better cover page

    Shop, bundle, and save on insurance coverage for home, auto, life, and more.

  • better inspect page

    Get free repair estimates, 24-hour turnarounds on reports, and rest easy with our 100-day inspection guarantee.

  • better inspect page

    Get transparent rates when you shop for title insurance all in one convenient place.

© 2025 Better Home & Finance Holding Company and/or its affiliates. Better is a family of companies. Better Mortgage Corporation provides home loans; Better Real Estate, LLC and Better Real Estate California Inc License # 02164055 provides real estate services; Better Cover, LLC sells insurance products; and Better Settlement Services provides title insurance services; and Better Inspect, LLC provides home inspection services. All rights reserved.

Better BMC operates under the name Better Mortgage Corporation in New York.

Home lending products offered by Better Mortgage Corporation. Better Mortgage Corporation is a direct lender. NMLS #330511. 1 World Trade Center, 80th Floor, New York, NY 10007. Loans made or arranged pursuant to a California Finance Lenders Law License. Not available in all states. Equal Housing Lender. NMLS Consumer Access

Better Real Estate, LLC dba BRE, Better Home Services, BRE Services, LLC and Better Real Estate, and operating in the State of California through its wholly owned subsidiary Better Real Estate California Inc., is a licensed real estate brokerage and maintains its corporate headquarters at 325-41 Chestnut Street, Suite 826, Philadelphia, PA 19106. Here is a full listing of Better Real Estate, LLC’s license numbers. Better Real Estate, LLC provides access to real estate brokerage services via its nationwide network of partner brokerages and real estate agents (“Better Real Estate Partner Agents”). Equal Housing Opportunity. All rights reserved.

New York State Housing and Anti-Discrimination Notice

New York Standard Operating Procedures

Texas Real Estate Commission: Information About Brokerage Services | Consumer Protection Notice

Better Settlement Services, LLC. 325-41 Chestnut Street, Suite 803, Philadelphia, PA 19106.

Homeowners insurance policies are offered through Better Cover, LLC, a Pennsylvania Resident Producer Agency. License #881593. 325-41 Chestnut Street, Suite 807, Philadelphia, PA 19106.

Insurance quotes and policies are offered through Better Cover, LLC. A Pennsylvania Resident Producer Agency. License #881593. Here is a full listing of Better Cover, LLC’s license numbers.

Better Inspect, LLC maintains its corporate headquarters at 325-41 Chestnut Street, Suite 846, Philadelphia, PA 19106.

Better Mortgage Corporation, Better Real Estate, LLC, Better Settlement Services, LLC, Better Cover, LLC, Better Connect, and Better Inspect, LLC are separate operating subsidiaries of Better Home & Finance Holding Company. Each company is a separate legal entity operated and managed through its own management and governance structure as required by its state of incorporation, and applicable and legal and regulatory requirements. Products not available in all states.

Any unauthorized use of any proprietary or intellectual property is strictly prohibited. All trademarks, service marks, trade names, logos, icons, and domain names are proprietary to Better Home & Finance Holding Company. Better Home & Finance Holding Company trademarks are federally registered with the U. S. Patent and Trademark Office. Better Cover is a registered trademark with the U.S. Patent and Trademark Office and is owned by Better Cover, LLC.

Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act

Get pre-approved

Won’t affect your credit score

Simple steps to get pre-approved

1

Share a few details

Tell us about your income, credit, and home goals—it takes as little as 3 minutes and won’t affect your credit score.

2

See your homebuying budget

In minutes, we’ll show you exactly how much you can get pre-approved for—so you know your price range before you shop.

3

Get your pre-approval letter

Download your letter instantly and start touring homes with confidence (and a stronger offer in hand).

Get pre-approved