The best way to know what your mortgage payment might be is to speak with a mortgage professional. You can also use a mortgage calculator to estimate your payment, but keep in mind, that this is only an estimate and likely will not include all the items that make up your monthly payment. The amount you’ll pay monthly is dependent on the price of the home, your down payment amount, loan term, loan type, interest rate, property tax rate, insurance rates, and in some cases homeowners association assessments.