Mortgage & Ownership Cost Calculator

See your true monthly cost — mortgage, taxes, insurance, HOA, and maintenance.

Property Details

Property Locationoptional — auto-fills taxes & insurance

Home Price

Down Payment

Amount

Loan Details

Interest RateAnnual

Loan Term

Ownership Costs

Property TaxAnnual rate

HOA FeeMonthly

Home InsuranceAnnual

MaintenanceAnnual of value

Maintenance reserve covers routine repairs and upkeep. 1% of home value per year is a common guideline.

Advanced Options

Extra Monthly PaymentApplied to principal

Gross Annual Household IncomeOptional — for affordability ratio

Total Monthly Cost

$3,302

$2,365 mortgage payment

Principal & Interest$2,36572%

Property Tax$41312%

Home Insurance$1505%

Maintenance Reserve$37511%

Loan Summary

Loan Amount$360,000

Down Payment$90,000 (20%)

LTV Ratio80.0%

Total Interest$491,380

Total Loan Cost$851,380

Payoff Timeline30.0 years

Affordability

Recommended Income$141,533/yr

Enter your gross annual income in Advanced Options to see your housing ratio.

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