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Mortgage Calculator
Estimate your monthly mortgage payment with taxes, insurance, PMI, and HOA fees included.
Home Price
$350,000
20% ($70,000)
Loan Details
6.500%
Additional Costs
1.2% ($4,200/yr)
National average is about 1.1%
$125/month
Affordability Check
Used to calculate your debt-to-income ratio
Estimated Monthly Payment
$2,244.79
$280,000 loan at 6.5% for 30 years
Monthly Breakdown
Principal & Interest$1,770
Property Tax$350
Home Insurance$125
Loan Summary
Loan Amount$280,000
Down Payment$70,000 (20%)
Total Interest Paid$357,125
Total Cost$808,125
Payoff DateMarch 2056
Compare Loan Terms
15-year fixed
$159,038 interest
$2,439/mo
20-year fixed
$221,025 interest
$2,088/mo
30-year fixed
$357,125 interest
$1,770/mo