Mortgage rates updated live

The mortgage calculator
built for clarity.

Stop guessing. See your exact payoff path — every payment, every dollar, every year — in one visual timeline.

Home Price $425,000
Down Payment $85,000 20%
Rate 6.72% LIVE
Loan Term 30 years
Monthly Payment $2,214/mo
Payoff Timeline 30 yr
Principal Interest
Total Interest $498,240
Payoff Date Jan 2056
With $200/mo extra 4 yrs earlier

"The first mortgage calculator that actually helped me understand what I was signing up for."

— Beta tester
Current U.S. averages
30-yr Fixed 6.72%
15-yr Fixed 5.98%
5/1 ARM 6.35%
FHA 30-yr 6.45%
Updated May 2026
Why ClearRate

Every other calculator hides the math.
We put it in the light.

Real-time rate data

No more guessing if your rate is current. ClearRate pulls live market rates so your calculation reflects what's actually available today.

Visual payoff path

Your amortization schedule, transformed into a chart you can actually read. Watch principal take over interest year by year.

AI scenario modeling

Ask "what if I pay $200 extra a month?" Get a full revised timeline, total interest saved, and new payoff date instantly.

Features

Everything you need.
Nothing you don't.

01

PITI Calculator

Principal, interest, taxes, insurance — all included. Get the real number, not just the loan payment.

02

Amortization Chart

Year-by-year breakdown in a visual bar chart. See exactly where your money goes every month.

03

Extra Payment Modeling

Add one-time or recurring extra payments. Instantly see how much interest you save and when you're debt-free.

04

Multi-Scenario Comparison

Compare 15-year vs 30-year, different down payments, different rates — all on one screen with charts.

05

Reverse Calculator

Enter your budget, get your max home price. Works backward from monthly payment to purchase price.

06

PDF Export

One tap to generate a clean summary to share with your spouse, agent, or lender.

07

Live Rate Feed

See current market rates alongside your calculation. Know if your quote is competitive.

08

Cloud Sync

Your calculations follow you. Sync across iPhone, iPad, and Android automatically.

How it works

Three steps to complete clarity.

1

Enter your numbers

Home price, down payment, interest rate, loan term, property taxes, insurance. One screen, no scattered fields.

2

See your full path

Your monthly payment, total interest, payoff date — plus a visual chart showing principal vs. interest over the life of the loan.

3

Model your scenarios

Ask "what if" questions. Extra payments, different rates, shorter terms — see the impact instantly with updated charts and timelines.

Coming to iOS and Android

Your home. Your numbers.
Completely clear.

The biggest financial decision of your life deserves more than a basic calculator. ClearRate was built to make mortgage math visual, honest, and actionable.