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 7.00% per annum in the Federal Reserve H.15 release as of 2026-10-13, which describes Prime as one of several base rates used by banks to price short-term business loans. Enter the actual rate your lender offered. Prime is context only, not your rate, and is never used in the calculation.
Being offered a chattel loan, secured by the home alone? The same house financed as real property is a different product, with a different rate and a different term. Price chattel against a land home loan →
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.