Principal and interest plus taxes, insurance, HOA and mortgage insurance, so the number you see is the number you'd pay. Switch to Refinance to see what a new rate saves, and how long it takes to break even.
| Year | Principal | Interest | Total paid | Balance |
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The calculator starts at the Freddie Mac national average, updated weekly. Your rate depends on credit, down payment, property and program. A loan officer can quote it in minutes.
Property tax and insurance vary by county and home. We plug in the real numbers once you have a property in mind, so there are no surprises at closing.
Conventional loans under 20% down carry PMI until you reach 20% equity. FHA has its own premium. Both are included here when they apply, and both can be removed or refinanced away later.