Payment Calculator

Mortgage Estimator Tool




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Mortgage Details


30
  • 30
  • 25
  • 20
  • 15
  • 10
information iconPrivate mortgage insurance typically costs between 0.5% to 1% of the entire loan amount on an annual basis.
information iconExpect to pay $35 a month per $100,000 in home value.

Your Monthly Payment
$1,712
Find Out If You Qualify
Payment Breakdown
$1,712


Principal & Interest
$930



Taxes
$563



Mortgage Insurance
$45



Home Owners Insurance
$75



HOA
$100


Monthly Payment Estimates
by interest rate


Purchase Price Loan Amount 3.25% 3.50% 3.75% 4.00% 4.25% 4.50%
$225,000 $213,750 $1,712 $1,742 $1,772 $1,803 $1,834 $1,865
$235,000 $223,250 $1,781 $1,812 $1,843 $1,875 $1,907 $1,940
$245,000 $232,750 $1,849 $1,881 $1,914 $1,947 $1,981 $2,015
$255,000 $242,250 $1,917 $1,951 $1,985 $2,020 $2,055 $2,090
$265,000 $251,750 $1,986 $2,020 $2,056 $2,092 $2,128 $2,166
$275,000 $261,250 $2,054 $2,090 $2,127 $2,164 $2,202 $2,241
$285,000 $270,750 $2,122 $2,160 $2,198 $2,237 $2,276 $2,316
Cost of Waiting $38 $76 $115 $154 $194
*Cost of waiting estimates are based on the percentage (%) down entered into the calculator.



Yearly Cost of Waiting
$225,000


  • $432
  • $456
  • $912
  • $1,380
  • $1,848
  • $2,328




Life of the Loan Cost of Waiting
$225,000


  • $12,960
  • $13,680
  • $27,360
  • $41,400
  • $55,440
  • $69,840




*Cost of waiting estimates are based on the percentage (%) down entered into the calculator.
Disclosure: Information and interactive calculators are made available to you as self-help tools for your independent use. We cannot and do not guarantee their accuracy or their applicability to your circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues. All loans are subject to approval and credit terms may vary.

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