Rates & tools

Estimate principal and interest

This calculator shows monthly principal and interest only. Add taxes, insurance, HOA, and mortgage insurance in your own worksheet—or speak with Sky for a full housing expense model.

Mortgage term comparison chart concept — Shorter terms raise monthly payment but reduce lifetime interest—test both before you lock.

Payment calculator

Enter loan amount, APR, and term in years. Results update as you type.

Loan amount ($)

Annual interest rate (%)

Term (years)

Estimated principal & interest: — / month

Illustrative only. Not a commitment to lend. APR and payment depend on credit approval, points, and program.

ARM vs fixed rate mortgage comparison — ARM payments can change after the fixed introductory period—model worst-case caps with your banker.

How to use the result

Compare the payment to 28% or less of gross monthly income as a starting guardrail, then refine with actual taxes and insurance quotes for your property.

If you plan to itemize deductions, consult a tax advisor on how mortgage interest treatment may affect your net housing cost.