Mortgage Calculator

Are you looking to purchase or refinance a home in the Fairhaven, MA or surrounding areas of Massachusetts and Rhode Island, but need help determining your budget? Our mortgage affordability calculator can help you get an idea of what loan amount and interest rate you can afford. This calculator can be a great tool in helping you decide on the monthly budget that fits your needs.

* This mortgage calculator is made available to you as a self-help tool only and is not intended to provide investment advice. We cannot guarantee the applicability or accuracy in regards to your individual circumstances or the amounts you type in. All examples are hypothetical and are for illustrative purposes only. We encourage you get an official Loan Estimate from a licensed loan officer at Onshore Mortgage, LLC. before choosing a loan or locking a rate.

How much of a home can I afford?

When you're trying to calculate your monthly mortgage affordability, there are several factors to consider. Our mortgage calculator can help you estimate your principal and interest payments each month. Since every home is different, it doesn't show other fees such as accurate real estate taxes, home insurance, monthly PMI (private mortgage insurance) or HOA fees for a condo. To get a full picture of your budget for a home loan, make sure to factor in these additional costs. Our mortgage calculator is a great tool to help you get an idea of what a fixed rate mortgage payment could look like, so you can plan your budget accordingly.