How much can you expect to pay in monthly mortgage payments, including PMI? Use this mortgage calculator to estimate monthly payments and closing costs at different interest rates, loan terms, and down payment amounts.
A calculator alone often does not tell thewhole story.
Take our mortgage quiz to get a deeper analysis of your mortgage options and monthly mortgage payments.
This is the full price of the home you would be buying.
This is the amount of money you would need to provide at the time of closing that would count towards ownership of your home. Keep in mind, you would also need to pay closing costs and other fees in addition to the down payment.
This is the percentage you would have to pay the lender for the money you've borrowed. Interest rates are based on your credit score and several other factors, as well as market fluctuations.
This is a tax levied by the government where the property is located based on the property's value.
This is an insurance policy lenders require of borrowers who put down less than 20% of the home price to protect the lender against borrower default.
Lenders require that borrowers purchase homeowners insurance, also known as hazard insurance, to protect your property and personal possessions from certain types of crime and weather-related damage.
It is common for condominium and townhome owners to owe association dues to cover building amenities, maintenance, and improvements.