Manufactured Home Loan Calculator
Estimate the monthly payment on a manufactured (modular) home loan. Whether the home is titled as real property or personal property (a chattel loan) changes the rate and term significantly.
For reference, the U.S. Prime Rate is currently 6.75% (source: Federal Reserve H.15, as of 2026-08-13). Lenders price manufactured home loans as Prime plus a margin set by your credit and term, so the rate you are quoted will usually sit above this. Enter the actual rate a lender offered. This benchmark is context only and never enters the calculation.
Building rather than buying one already finished? A modular build is financed in two phases, and they price differently. Run the construction draw and the mortgage →
manufactured home loan questions
What is a chattel loan?
A loan on the home itself when you do not own or are not financing the land. Rates are higher and terms shorter than a traditional mortgage.
Can I get a 30-year manufactured home loan?
Yes, when the home is permanently affixed and titled as real property. Personal-property loans usually cap around 20 to 25 years.
How this estimate is built
The model
Figures assume a fixed rate and equal monthly payments; sales tax and trade-in are optional and adjust the financed amount. Some manufactured home loans use balloon, seasonal or simple-interest structures this tool doesn’t model. The interest rate is the one you enter from your lender, not a figure we set. Confirm any offer with the lender.
Not a lender
Asset Loan Calculator is independent and is not a lender, broker, or affiliate of any lender. Nothing here is a loan offer or financial advice. For real quotes, compare lenders and local credit unions directly.