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Mortgage Estimator Tool
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Mortgage Details
Private mortgage insurance typically costs between 0.5% to 1% of the entire loan amount on an annual basis.
Expect to pay $35 a month per $100,000 in home value.
Your Monthly Payment
$1,838
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Payment Breakdown
$1,838
Principal & Interest
$1,083
Taxes
$507
Mortgage Insurance
$73
Home Owners Insurance
$108
HOA
$100
Monthly Payment Estimates
by interest rate
Purchase Price | Loan Amount | 4.50% | 4.75% | 5.00% | 5.25% | 5.50% | 5.75% |
---|---|---|---|---|---|---|---|
$225,000 | $213,750 | $1,838 | $1,903 | $1,936 | $1,969 | $2,002 | $2,036 |
$235,000 | $213,750 | $1,871 | $1,903 | $1,936 | $1,969 | $2,002 | $2,036 |
$245,000 | $213,750 | $1,871 | $1,903 | $1,936 | $1,969 | $2,002 | $2,036 |
$255,000 | $242,250 | $2,093 | $1,903 | $1,936 | $1,969 | $2,002 | $2,036 |
$265,000 | $242,250 | $2,093 | $1,903 | $1,936 | $1,969 | $2,002 | $2,036 |
$275,000 | $242,250 | $2,093 | $1,903 | $1,936 | $1,969 | $2,002 | $2,036 |
$275,000 | $242,250 | $2,093 | $1,903 | $1,936 | $1,969 | $2,002 | $2,036 |
Cost of Waiting | $36 | $73 | $110 | $148 | $186 |
*Cost of waiting estimates are based on the percentage (%) down entered into the calculator.
Yearly Cost of Waiting
$225,000
-
$432
-
$432
-
$876
-
$1,320
-
$1,776
-
$2,232
Life of the Loan Cost of Waiting
$225,000
-
$12,960
-
$12,960
-
$26,280
-
$39,600
-
$53,280
-
$66,960
*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.
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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