Use the current mortgage rates below and choose a term (number of years to pay the loan off) and the amount of the loan. Our calculator will calculate what the monthly payment will be. Current Rates: First Mortgages Terms Closed Cnvt Open 6 Months Rate 6.35 7.44 7.25 1 Year 6.95 7.47 8.20 2 Year 7.15 N/A N/A 3 Year 7.40 N/A N/A 4 Year 7.50 N/A N/A 5 Year 7.65 N/A N/A 7 Year 7.95 N/A N/A 10 Year 8.09 N/A N/A Variable Rate Mortagage (VRM) 6.13 N/A N/A Contact us for other mortgage rates and best rate available for you! Mortgage Calculator Fill in the blanks below to calculate your monthly mortgage payment. Please note: This is an approximation only. Anticipated Amount of House ($):  Amount of Down Payment ($):  Anticipated Interest Rate (.00 format):  Anticipated length of loan (in years):  Approximate Monthly Payment ($):  per month 1st mortgage  l  2nd mortgage  l  refinancing  l  equity loans  l  bankruptcy  mortgage calculator  l  loan application  l  about tmc