Mortgage basics

Featured resources

A family in a living room, with an old man holding a clipboard, possibly discussing or organizing something.

11-minute read

What are seller concessions?

Seller concessions are a way for home buyers to bring down their closing costs. However, concessions must be negotiated. Learn more about this process before yo...

Documents spread across a table alongside a coffee mug, portraying an organized or busy setting related to home paperwork or financial documentation.

4-minute read

What is fair market value (FMV) in real estate and how is it calculated?

The fair market value (FMV) of a home is defined primarily by how much someone would pay for it. Learn how...

Rolling hills of rural Virginia with farms and the Appalachian mountains in the distance during a late fall afternoon.

5-minute read

What’s the average mortgage payment in Virginia?

The average monthly mortgage payment in Virginia is about $2,036 before property taxes and insurance. Learn what can affect this payment and how it compares to ...

Beautiful large trees line a road in South Carolina.

5-minute read

What’s the average mortgage payment in South Carolina?

The average monthly mortgage payment in South Carolina is about $1,733 before property taxes ...

Cabin-style home with a large porch in Wyoming.

5-minute read

What’s the average mortgage payment in Wyoming?

The average monthly mortgage payment in Wyoming is about $1,776 before property taxes and insurance. Learn what can affect this payment and how it compares to o...

Aerial view of Salt Lake City against the mountains in Utah.

5-minute read

What’s the average mortgage payment in Utah?

The average monthly mortgage payment in Utah is about $1,775 before property taxes and insurance. Learn what can affect this payment and how it compares to othe...

Night-time aerial view of Topeka, Kansas, with the Ad Astra statue in the forefront.

4-minute read

What’s the average mortgage payment in Kansas?

What’s the average mortgage payment in Kansas? Learn how to calculate your payment and find out how it compares to nearby states

Father and son playing with wooden blocks together on floor of living room.

5-minute read

What’s the average mortgage payment in Tennessee?

The average monthly mortgage payment in Tennessee is about $1,636 before property taxes and i...

Neighborhood with two story early 1900's colorful homes in autumn.

4-minute read

What’s the average mortgage payment in Minnesota?

What’s the average mortgage payment in Minnesota? Learn how to calculate your payment and find out how it compares to nearby states.

Aerial view of Jefferson City, capital of Missouri.

4-minute read

What’s the average mortgage payment in Missouri?

What’s the average mortgage payment in Missouri? Learn how to calculate your payment and find out how it compares to nearby states.

Skyline of Santa Fe, New Mexico with mountains in the background.

4-minute read

What’s the average mortgage payment in New Mexico?

What’s the average mortgage payment in New Mexico? Learn how to calculate your payment and find out how it compares to nearby states.

Large homestead in Montana during winter with snowy pines behind.

4-minute read

What’s the average mortgage payment in Montana?

What’s the average mortgage payment in Montana? Learn how to calculate your payment and find out how it compares to nearby states.

Large bridge over the Mobile river in Alabama with pleasure boats in the water below.

4-minute read

What’s the average mortgage payment in Alabama?

The average monthly mortgage payment in Alabama is about $1,583 before property taxes and insurance. Learn what can affect this payment and how it compares to o...

Several houses on the grassy hills of Pocatello, Idaho.

4-minute read

What’s the average mortgage payment in Idaho?

What’s the average mortgage payment in Idaho? Learn how to calculate your payment and find out how it compares to nearby states

4-minute read

What’s the average mortgage payment in Maryland?

What’s the average mortgage payment in Maryland? Learn how to calculate your payment and find out how it compares to nearby states.

Cityscape of Salem, Oregon lit up with lights.

6-minute read

What’s the average mortgage payment in Oregon?

The average monthly mortgage payment in Oregon is about $1,758 before property taxes and insurance. Learn what affects this payment and how it compares to other...

Aerial view of Pepperell, Maine in the fall.

4-minute read

What’s the average mortgage payment in Massachusetts?

What’s the average mortgage payment in Massachusetts? Learn how to calculate your payment and find out how it compares to nearby states.

8-minute read

What’s the average mortgage payment in Iowa?

What’s the average mortgage payment in Iowa? Learn how to calculate your payment and find out how it compares to nearby states.

Take the first step toward the right mortgage

Apply online for expert recommendations with real interest rates and payments

I want to buy a home

I’d like to refinance