Mobile home loan calculator
Estimate your monthly payment, down payment, APR and total cost for a mobile or manufactured home using our current rates (as of October 8, 2026).
Estimated monthly payment
Principal & interest
$651.83
- Loan amount
- $76,500
- Down payment
- $8,500
- Number of payments
- 240
- Est. total monthly cost
- $651.83
- Total interest
- $79,939
- Finance charge
- $80,704
- Total of payments
- $156,439
Example: a $85,000 purchase price with $8,500 down (10%) is a loan amount of $76,500, repaid in 240 monthly payments of $651.83 (final payment $652.00) at a 8.25% fixed interest rate, 8.387% APR. The APR includes $765.00 in prepaid finance charges. Payment shown is principal and interest only and does not include taxes, insurance or lot rent.
Prequalify with these numbersYear-by-year amortization
| Year | Interest | Principal | Balance |
|---|---|---|---|
| 1 | $6,253 | $1,569 | $74,931 |
| 2 | $6,118 | $1,704 | $73,227 |
| 3 | $5,972 | $1,850 | $71,378 |
| 4 | $5,814 | $2,008 | $69,369 |
| 5 | $5,642 | $2,180 | $67,189 |
| 6 | $5,455 | $2,367 | $64,822 |
| 7 | $5,252 | $2,570 | $62,252 |
| 8 | $5,032 | $2,790 | $59,462 |
| 9 | $4,793 | $3,029 | $56,433 |
| 10 | $4,533 | $3,289 | $53,144 |
| 11 | $4,251 | $3,571 | $49,574 |
| 12 | $3,945 | $3,877 | $45,697 |
| 13 | $3,613 | $4,209 | $41,489 |
| 14 | $3,253 | $4,569 | $36,919 |
| 15 | $2,861 | $4,961 | $31,958 |
| 16 | $2,436 | $5,386 | $26,572 |
| 17 | $1,974 | $5,848 | $20,725 |
| 18 | $1,473 | $6,349 | $14,376 |
| 19 | $929 | $6,893 | $7,484 |
| 20 | $339 | $7,484 | $0 |
Rates as of October 8, 2026. Rates, APRs and terms are subject to change without notice and are subject to credit approval, home eligibility and verification. Payments shown are estimates of principal and interest only and do not include property taxes, insurance, lot rent or other fees, so your actual payment will be higher. This is not a commitment to lend. All loans are fixed-rate.
How the calculator works
Your monthly payment is the fixed principal-and-interest amount that pays off the loan amount (home price minus down payment) over the term you choose, at the rate for your selected program and credit range. We calculate every month of the schedule to the cent, so the totals match what a real loan would show.
The APR (annual percentage rate) also accounts for prepaid finance charges such as origination fees. It is the best number for comparing offers from different lenders. The finance charge is the total dollar cost of credit: all interest plus prepaid finance charges.
What affects your payment
- Down payment: a larger down payment lowers your loan amount, monthly payment and total interest.
- Term: a longer term lowers the monthly payment but increases the total interest you pay.
- Credit: stronger credit generally qualifies for a lower rate.
- Home and location: new homes and land-and-home loans usually get the best rates and longest terms.
Don't forget the other monthly costs
Most owners also pay lot rent (in a community), property taxes and home insurance. Open Add lot rent, taxes & insurance above to see your estimated total monthly housing cost.
Representative examples
"As low as" rates and the examples below assume the Excellent credit tier (720+), the program's default down payment and default term. Your rate depends on your credit, the home and your down payment.
- New Manufactured Home Loans: Example: a $85,000 purchase price with $8,500 down (10%) is a loan amount of $76,500, repaid in 240 monthly payments of $628.03 (final payment $625.43) at a 7.75% fixed interest rate, 7.884% APR. The APR includes $765.00 in prepaid finance charges. Payment shown is principal and interest only and does not include taxes, insurance or lot rent.
- Pre-Owned Mobile Home Loans: Example: a $85,000 purchase price with $12,750 down (15%) is a loan amount of $72,250, repaid in 180 monthly payments of $743.59 (final payment $744.26) at a 9.25% fixed interest rate, 9.423% APR. The APR includes $722.50 in prepaid finance charges. Payment shown is principal and interest only and does not include taxes, insurance or lot rent.
- Mobile Home Park & Community Loans: Example: a $85,000 purchase price with $8,500 down (10%) is a loan amount of $76,500, repaid in 240 monthly payments of $663.40 (final payment $663.81) at a 8.49% fixed interest rate, 8.628% APR. The APR includes $765.00 in prepaid finance charges. Payment shown is principal and interest only and does not include taxes, insurance or lot rent.
- Land & Home Loans: Example: a $85,000 purchase price with $8,500 down (10%) is a loan amount of $76,500, repaid in 360 monthly payments of $496.18 (final payment $493.13) at a 6.75% fixed interest rate, 6.848% APR. The APR includes $765.00 in prepaid finance charges. Payment shown is principal and interest only and does not include taxes, insurance or lot rent.
- Mobile Home Refinance: Example: a $85,000 purchase price with $21,250 down (25%) is a loan amount of $63,750, repaid in 180 monthly payments of $609.23 (final payment $608.52) at a 8.00% fixed interest rate, 8.167% APR. The APR includes $637.50 in prepaid finance charges. Payment shown is principal and interest only and does not include taxes, insurance or lot rent.
Rates, APRs and terms are subject to change without notice and are subject to credit approval, home eligibility and verification. Payments shown are estimates of principal and interest only and do not include property taxes, insurance, lot rent or other fees, so your actual payment will be higher. This is not a commitment to lend. All loans are fixed-rate.
Calculator questions
What is the difference between the interest rate and the APR?
The interest rate is the yearly cost of borrowing the loan amount. The annual percentage rate (APR) also includes prepaid finance charges such as origination fees, spread over the life of the loan. That is why the APR is usually a little higher than the interest rate. Use the APR to compare loan offers.
Does the payment estimate include taxes, insurance and lot rent?
The main payment estimate is principal and interest only. Add your monthly lot rent, property tax and insurance in the calculator's optional fields to see your estimated total monthly housing cost.
Ready to see what you qualify for?
Prequalifying takes about 3 minutes. No credit check, no Social Security number, no obligation.