Estimate Your
Monthly Payment
Compare loan types, project your cash to close, and break down every charge before you sign.
Loan Details
About This Loan Type
Conventional Loan
- Down payment: as low as 3% (5%+ recommended)
- Credit score: typically 620+ (740+ for best rates)
- PMI: required below 20% down, drops off at 80% LTV
- Loan limits: conforming up to ~$766K (2024)
Best for buyers with solid credit and a down payment. Not government-backed.
Credit tier Excellent qualifies for the best advertised rate.
Monthly Payments
Cash Needed At Closing
(Downpayment + Closing Costs)
Loan Totals:
Closing Costs Summary
Charges
Credits
Breakdown of your costs
All charges are estimates based on common market rates and may vary by lender, county, and final loan disclosure.
Assumptions: Mortgage insurance, funding fees, and guarantee fees use published rate tables and may differ from your final loan disclosure. Title, recording, and prepaid escrows are estimated from common rates. Adjust closing-cost inputs to match your lender’s loan estimate. Credit tier adds a typical lender rate adjustment (Good +0.25%, Fair +0.75%, Below Average +1.50%) on top of the rate you enter.
Results are estimates for educational purposes only and should not be considered financial, tax, legal, or investment advice. Individual results may vary based on your specific situation. Always consult a licensed professional (attorney, CPA, or mortgage advisor) before making a financial decision. VroomBrick is a real estate technology platform, not a licensed real estate brokerage. Real estate agent commissions and fees are not set by law and are fully negotiable. Savings estimates are illustrative and based on comparisons to typical market rates; actual savings and costs vary by transaction, state, and individual circumstances.
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