What does the mortgage payment actually include?

A full mortgage payment is often called PITI — Principal, Interest, Taxes, and Insurance. Principal and interest go to the lender. Property taxes and homeowners insurance are typically collected monthly and held in an escrow account. If your down payment is under 20% on a conventional loan, PMI is added. FHA adds MIP. VA adds nothing (if no funding fee) or the funding fee can be financed in. This calculator includes all components for an accurate total payment estimate.

when can I remove pmi on a conventional loans

You can request PMI cancellation once your loan balance drops to 80% of the original purchase price. Under the Homeowners Protection Act, lenders must automatically cancel PMI when you reach 78% LTV based on original value and payment schedule — even if you don't ask. If your home has appreciated, you may be able to remove PMI sooner by getting a new appraisal. This calculator shows you which payment number gets you to 80% LTV.

what is amortization schedule and why does it matter?

An amortization schedule shows every payment over the life of your loan broken into principal and interest. Early payments are mostly interest — on a 30-year loan, roughly 75–80% of your first payment goes to interest. Over time, the principal share grows. Understanding this helps you decide whether making extra principal payments makes financial sense, and how much equity you'll have at any given point in time.

How does FHA mortgage insurance work?

FHA requires two types of mortgage insurance: an upfront MIP of 1.75% of the loan amount (typically financed into the loan, so you don't pay it at closing), and an annual MIP paid monthly. The annual rate for most FHA loans is around 0.55% of the loan balance, divided by 12. Unlike conventional PMI, FHA MIP typically stays for the life of the loan — which is why borrowers who build equity often refinance out of FHA into conventional to eliminate it.

should I choose 15 year or 30-year mortgage.

A 15-year mortgage has a higher monthly payment but saves a substantial amount in total interest — often $100,000 or more on a typical loan. A 30-year loan has a lower payment and more monthly cash flow flexibility. The right answer depends on your financial situation, goals, and how long you plan to stay in the home. Use the loan term dropdown in this calculator to compare both options side by side and see the exact difference in total interest paid.

Free Mortgage Calculator for Homebuyers

See Your Full Monthly Payment Before You Make an Offer

Principal, interest, taxes, insurance, and mortgage insurance — all in one number. Pick your loan type, adjust your down payment, and see a complete amortization schedule in seconds.

Mortgage Calculator

Calculate Your Payment

Property & Purchase

Home Price

Down Payment

10% · $42,500

10%

Loan Amount

Loan Terms

Interest Rate

7.00%

Loan Term

Taxes, Insurance & Fees

Annual Property Taxes

Annual Homeowners Insurance

Monthly HOA

Monthly$3,335PITI

Principal & Interest$2,54576.3%

Property Tax$42512.7%

Insurance + HOA$1424.2%

Conventional PMI$2236.7%

LOAN AMOUNT

$382,500

LTV: 90.0%

TOTAL INTEREST

$533,622

Over life of loan

TOTAL COST

$916,122

Principal + interest

P&I PAYMENT

$2,545

Monthly P&I only

DOWN PAYMENT

$42,500

10.0% of purchase price

PMI / MIP

$223

PMI — removable at 20% equity

✓ PMI removed at payment #101 (Year 9) when your balance reaches 80% LTV. You'll save $223/mo after that point.

Amortization Over Time

Amortization Schedule

Period	Payment	Principal	Interest	Balance	Equity
Year 1
Month 1	$2,768	$314	$2,231	$382,186	$42,814
Month 2	$2,768	$315	$2,229	$381,871	$43,129
Month 3	$2,768	$317	$2,228	$381,554	$43,446
Month 4	$2,768	$319	$2,226	$381,235	$43,765
Month 5	$2,768	$321	$2,224	$380,914	$44,086
Month 6	$2,768	$323	$2,222	$380,591	$44,409
Month 7	$2,768	$325	$2,220	$380,266	$44,734
Month 8	$2,768	$327	$2,218	$379,940	$45,060
Month 9	$2,768	$328	$2,216	$379,611	$45,389
Month 10	$2,768	$330	$2,214	$379,281	$45,719
Month 11	$2,768	$332	$2,212	$378,949	$46,051
Month 12	$2,768	$334	$2,211	$378,615	$46,385
Year 2
Month 13	$2,768	$336	$2,209	$378,278	$46,722
Month 14	$2,768	$338	$2,207	$377,940	$47,060
Month 15	$2,768	$340	$2,205	$377,600	$47,400
Month 16	$2,768	$342	$2,203	$377,258	$47,742
Month 17	$2,768	$344	$2,201	$376,914	$48,086
Month 18	$2,768	$346	$2,199	$376,568	$48,432
Month 19	$2,768	$348	$2,197	$376,220	$48,780
Month 20	$2,768	$350	$2,195	$375,869	$49,131
Month 21	$2,768	$352	$2,193	$375,517	$49,483
Month 22	$2,768	$354	$2,191	$375,163	$49,837
Month 23	$2,768	$356	$2,188	$374,807	$50,193
Month 24	$2,768	$358	$2,186	$374,448	$50,552
Year 3
Month 25	$2,768	$361	$2,184	$374,088	$50,912
Month 26	$2,768	$363	$2,182	$373,725	$51,275
Month 27	$2,768	$365	$2,180	$373,360	$51,640
Month 28	$2,768	$367	$2,178	$372,994	$52,006
Month 29	$2,768	$369	$2,176	$372,625	$52,375
Month 30	$2,768	$371	$2,174	$372,253	$52,747
Month 31	$2,768	$373	$2,171	$371,880	$53,120
Month 32	$2,768	$375	$2,169	$371,505	$53,495
Month 33	$2,768	$378	$2,167	$371,127	$53,873
Month 34	$2,768	$380	$2,165	$370,747	$54,253
Month 35	$2,768	$382	$2,163	$370,365	$54,635
Month 36	$2,768	$384	$2,160	$369,981	$55,019
Year 4
Month 37	$2,768	$387	$2,158	$369,594	$55,406
Month 38	$2,768	$389	$2,156	$369,205	$55,795
Month 39	$2,768	$391	$2,154	$368,814	$56,186
Month 40	$2,768	$393	$2,151	$368,421	$56,579
Month 41	$2,768	$396	$2,149	$368,025	$56,975
Month 42	$2,768	$398	$2,147	$367,627	$57,373
Month 43	$2,768	$400	$2,144	$367,227	$57,773
Month 44	$2,768	$403	$2,142	$366,824	$58,176
Month 45	$2,768	$405	$2,140	$366,419	$58,581
Month 46	$2,768	$407	$2,137	$366,012	$58,988
Month 47	$2,768	$410	$2,135	$365,602	$59,398
Month 48	$2,768	$412	$2,133	$365,190	$59,810
Year 5
Month 49	$2,768	$415	$2,130	$364,776	$60,224
Month 50	$2,768	$417	$2,128	$364,359	$60,641
Month 51	$2,768	$419	$2,125	$363,939	$61,061
Month 52	$2,768	$422	$2,123	$363,518	$61,482
Month 53	$2,768	$424	$2,121	$363,093	$61,907
Month 54	$2,768	$427	$2,118	$362,667	$62,333
Month 55	$2,768	$429	$2,116	$362,237	$62,763
Month 56	$2,768	$432	$2,113	$361,806	$63,194
Month 57	$2,768	$434	$2,111	$361,371	$63,629
Month 58	$2,768	$437	$2,108	$360,935	$64,065
Month 59	$2,768	$439	$2,105	$360,495	$64,505
Month 60	$2,768	$442	$2,103	$360,053	$64,947
Year 6
Month 61	$2,768	$444	$2,100	$359,609	$65,391
Month 62	$2,768	$447	$2,098	$359,162	$65,838
Month 63	$2,768	$450	$2,095	$358,712	$66,288
Month 64	$2,768	$452	$2,092	$358,260	$66,740
Month 65	$2,768	$455	$2,090	$357,805	$67,195
Month 66	$2,768	$458	$2,087	$357,347	$67,653
Month 67	$2,768	$460	$2,085	$356,887	$68,113
Month 68	$2,768	$463	$2,082	$356,424	$68,576
Month 69	$2,768	$466	$2,079	$355,958	$69,042
Month 70	$2,768	$468	$2,076	$355,490	$69,510
Month 71	$2,768	$471	$2,074	$355,019	$69,981
Month 72	$2,768	$474	$2,071	$354,545	$70,455
Year 7
Month 73	$2,768	$477	$2,068	$354,069	$70,931
Month 74	$2,768	$479	$2,065	$353,589	$71,411
Month 75	$2,768	$482	$2,063	$353,107	$71,893
Month 76	$2,768	$485	$2,060	$352,622	$72,378
Month 77	$2,768	$488	$2,057	$352,134	$72,866
Month 78	$2,768	$491	$2,054	$351,644	$73,356
Month 79	$2,768	$494	$2,051	$351,150	$73,850
Month 80	$2,768	$496	$2,048	$350,654	$74,346
Month 81	$2,768	$499	$2,045	$350,154	$74,846
Month 82	$2,768	$502	$2,043	$349,652	$75,348
Month 83	$2,768	$505	$2,040	$349,147	$75,853
Month 84	$2,768	$508	$2,037	$348,639	$76,361
Year 8
Month 85	$2,768	$511	$2,034	$348,128	$76,872
Month 86	$2,768	$514	$2,031	$347,614	$77,386
Month 87	$2,768	$517	$2,028	$347,097	$77,903
Month 88	$2,768	$520	$2,025	$346,577	$78,423
Month 89	$2,768	$523	$2,022	$346,054	$78,946
Month 90	$2,768	$526	$2,019	$345,527	$79,473
Month 91	$2,768	$529	$2,016	$344,998	$80,002
Month 92	$2,768	$532	$2,012	$344,466	$80,534
Month 93	$2,768	$535	$2,009	$343,931	$81,069
Month 94	$2,768	$539	$2,006	$343,392	$81,608
Month 95	$2,768	$542	$2,003	$342,850	$82,150
Month 96	$2,768	$545	$2,000	$342,306	$82,694
Year 9
Month 97	$2,768	$548	$1,997	$341,758	$83,242
Month 98	$2,768	$551	$1,994	$341,206	$83,794
Month 99	$2,768	$554	$1,990	$340,652	$84,348
Month 100	$2,768	$558	$1,987	$340,094	$84,906
Month 101	$2,545	$561	$1,984	$339,533	$85,467
Month 102	$2,545	$564	$1,981	$338,969	$86,031
Month 103	$2,545	$567	$1,977	$338,402	$86,598
Month 104	$2,545	$571	$1,974	$337,831	$87,169
Month 105	$2,545	$574	$1,971	$337,257	$87,743
Month 106	$2,545	$577	$1,967	$336,679	$88,321
Month 107	$2,545	$581	$1,964	$336,099	$88,901
Month 108	$2,545	$584	$1,961	$335,514	$89,486
Year 10
Month 109	$2,545	$588	$1,957	$334,927	$90,073
Month 110	$2,545	$591	$1,954	$334,336	$90,664
Month 111	$2,545	$594	$1,950	$333,741	$91,259
Month 112	$2,545	$598	$1,947	$333,143	$91,857
Month 113	$2,545	$601	$1,943	$332,542	$92,458
Month 114	$2,545	$605	$1,940	$331,937	$93,063
Month 115	$2,545	$608	$1,936	$331,328	$93,672
Month 116	$2,545	$612	$1,933	$330,716	$94,284
Month 117	$2,545	$616	$1,929	$330,101	$94,899
Month 118	$2,545	$619	$1,926	$329,482	$95,518
Month 119	$2,545	$623	$1,922	$328,859	$96,141
Month 120	$2,545	$626	$1,918	$328,232	$96,768
Year 11
Month 121	$2,545	$630	$1,915	$327,602	$97,398
Month 122	$2,545	$634	$1,911	$326,969	$98,031
Month 123	$2,545	$637	$1,907	$326,331	$98,669
Month 124	$2,545	$641	$1,904	$325,690	$99,310
Month 125	$2,545	$645	$1,900	$325,045	$99,955
Month 126	$2,545	$649	$1,896	$324,396	$100,604
Month 127	$2,545	$652	$1,892	$323,744	$101,256
Month 128	$2,545	$656	$1,889	$323,087	$101,913
Month 129	$2,545	$660	$1,885	$322,427	$102,573
Month 130	$2,545	$664	$1,881	$321,763	$103,237
Month 131	$2,545	$668	$1,877	$321,096	$103,904
Month 132	$2,545	$672	$1,873	$320,424	$104,576
Year 12
Month 133	$2,545	$676	$1,869	$319,748	$105,252
Month 134	$2,545	$680	$1,865	$319,069	$105,931
Month 135	$2,545	$684	$1,861	$318,385	$106,615
Month 136	$2,545	$688	$1,857	$317,698	$107,302
Month 137	$2,545	$692	$1,853	$317,006	$107,994
Month 138	$2,545	$696	$1,849	$316,310	$108,690
Month 139	$2,545	$700	$1,845	$315,611	$109,389
Month 140	$2,545	$704	$1,841	$314,907	$110,093
Month 141	$2,545	$708	$1,837	$314,199	$110,801
Month 142	$2,545	$712	$1,833	$313,487	$111,513
Month 143	$2,545	$716	$1,829	$312,771	$112,229
Month 144	$2,545	$720	$1,824	$312,051	$112,949
Year 13
Month 145	$2,545	$724	$1,820	$311,326	$113,674
Month 146	$2,545	$729	$1,816	$310,598	$114,402
Month 147	$2,545	$733	$1,812	$309,865	$115,135
Month 148	$2,545	$737	$1,808	$309,128	$115,872
Month 149	$2,545	$742	$1,803	$308,386	$116,614
Month 150	$2,545	$746	$1,799	$307,640	$117,360
Month 151	$2,545	$750	$1,795	$306,890	$118,110
Month 152	$2,545	$755	$1,790	$306,135	$118,865
Month 153	$2,545	$759	$1,786	$305,376	$119,624
Month 154	$2,545	$763	$1,781	$304,613	$120,387
Month 155	$2,545	$768	$1,777	$303,845	$121,155
Month 156	$2,545	$772	$1,772	$303,073	$121,927
Year 14
Month 157	$2,545	$777	$1,768	$302,296	$122,704
Month 158	$2,545	$781	$1,763	$301,514	$123,486
Month 159	$2,545	$786	$1,759	$300,728	$124,272
Month 160	$2,545	$791	$1,754	$299,938	$125,062
Month 161	$2,545	$795	$1,750	$299,143	$125,857
Month 162	$2,545	$800	$1,745	$298,343	$126,657
Month 163	$2,545	$804	$1,740	$297,539	$127,461
Month 164	$2,545	$809	$1,736	$296,729	$128,271
Month 165	$2,545	$814	$1,731	$295,916	$129,084
Month 166	$2,545	$819	$1,726	$295,097	$129,903
Month 167	$2,545	$823	$1,721	$294,274	$130,726
Month 168	$2,545	$828	$1,717	$293,445	$131,555
Year 15
Month 169	$2,545	$833	$1,712	$292,612	$132,388
Month 170	$2,545	$838	$1,707	$291,775	$133,225
Month 171	$2,545	$843	$1,702	$290,932	$134,068
Month 172	$2,545	$848	$1,697	$290,084	$134,916
Month 173	$2,545	$853	$1,692	$289,231	$135,769
Month 174	$2,545	$858	$1,687	$288,374	$136,626
Month 175	$2,545	$863	$1,682	$287,511	$137,489
Month 176	$2,545	$868	$1,677	$286,644	$138,356
Month 177	$2,545	$873	$1,672	$285,771	$139,229
Month 178	$2,545	$878	$1,667	$284,893	$140,107
Month 179	$2,545	$883	$1,662	$284,010	$140,990
Month 180	$2,545	$888	$1,657	$283,122	$141,878
Year 16
Month 181	$2,545	$893	$1,652	$282,229	$142,771
Month 182	$2,545	$898	$1,646	$281,330	$143,670
Month 183	$2,545	$904	$1,641	$280,427	$144,573
Month 184	$2,545	$909	$1,636	$279,518	$145,482
Month 185	$2,545	$914	$1,631	$278,604	$146,396
Month 186	$2,545	$920	$1,625	$277,684	$147,316
Month 187	$2,545	$925	$1,620	$276,759	$148,241
Month 188	$2,545	$930	$1,614	$275,829	$149,171
Month 189	$2,545	$936	$1,609	$274,893	$150,107
Month 190	$2,545	$941	$1,604	$273,952	$151,048
Month 191	$2,545	$947	$1,598	$273,005	$151,995
Month 192	$2,545	$952	$1,593	$272,053	$152,947
Year 17
Month 193	$2,545	$958	$1,587	$271,095	$153,905
Month 194	$2,545	$963	$1,581	$270,131	$154,869
Month 195	$2,545	$969	$1,576	$269,162	$155,838
Month 196	$2,545	$975	$1,570	$268,188	$156,812
Month 197	$2,545	$980	$1,564	$267,207	$157,793
Month 198	$2,545	$986	$1,559	$266,221	$158,779
Month 199	$2,545	$992	$1,553	$265,230	$159,770
Month 200	$2,545	$998	$1,547	$264,232	$160,768
Month 201	$2,545	$1,003	$1,541	$263,228	$161,772
Month 202	$2,545	$1,009	$1,535	$262,219	$162,781
Month 203	$2,545	$1,015	$1,530	$261,204	$163,796
Month 204	$2,545	$1,021	$1,524	$260,183	$164,817
Year 18
Month 205	$2,545	$1,027	$1,518	$259,156	$165,844
Month 206	$2,545	$1,033	$1,512	$258,123	$166,877
Month 207	$2,545	$1,039	$1,506	$257,084	$167,916
Month 208	$2,545	$1,045	$1,500	$256,039	$168,961
Month 209	$2,545	$1,051	$1,494	$254,987	$170,013
Month 210	$2,545	$1,057	$1,487	$253,930	$171,070
Month 211	$2,545	$1,064	$1,481	$252,867	$172,133
Month 212	$2,545	$1,070	$1,475	$251,797	$173,203
Month 213	$2,545	$1,076	$1,469	$250,721	$174,279
Month 214	$2,545	$1,082	$1,463	$249,639	$175,361
Month 215	$2,545	$1,089	$1,456	$248,550	$176,450
Month 216	$2,545	$1,095	$1,450	$247,455	$177,545
Year 19
Month 217	$2,545	$1,101	$1,443	$246,354	$178,646
Month 218	$2,545	$1,108	$1,437	$245,246	$179,754
Month 219	$2,545	$1,114	$1,431	$244,132	$180,868
Month 220	$2,545	$1,121	$1,424	$243,011	$181,989
Month 221	$2,545	$1,127	$1,418	$241,884	$183,116
Month 222	$2,545	$1,134	$1,411	$240,750	$184,250
Month 223	$2,545	$1,140	$1,404	$239,610	$185,390
Month 224	$2,545	$1,147	$1,398	$238,463	$186,537
Month 225	$2,545	$1,154	$1,391	$237,309	$187,691
Month 226	$2,545	$1,160	$1,384	$236,149	$188,851
Month 227	$2,545	$1,167	$1,378	$234,981	$190,019
Month 228	$2,545	$1,174	$1,371	$233,807	$191,193
Year 20
Month 229	$2,545	$1,181	$1,364	$232,626	$192,374
Month 230	$2,545	$1,188	$1,357	$231,439	$193,561
Month 231	$2,545	$1,195	$1,350	$230,244	$194,756
Month 232	$2,545	$1,202	$1,343	$229,042	$195,958
Month 233	$2,545	$1,209	$1,336	$227,833	$197,167
Month 234	$2,545	$1,216	$1,329	$226,618	$198,382
Month 235	$2,545	$1,223	$1,322	$225,395	$199,605
Month 236	$2,545	$1,230	$1,315	$224,165	$200,835
Month 237	$2,545	$1,237	$1,308	$222,928	$202,072
Month 238	$2,545	$1,244	$1,300	$221,683	$203,317
Month 239	$2,545	$1,252	$1,293	$220,432	$204,568
Month 240	$2,545	$1,259	$1,286	$219,173	$205,827
Year 21
Month 241	$2,545	$1,266	$1,279	$217,907	$207,093
Month 242	$2,545	$1,274	$1,271	$216,633	$208,367
Month 243	$2,545	$1,281	$1,264	$215,352	$209,648
Month 244	$2,545	$1,289	$1,256	$214,063	$210,937
Month 245	$2,545	$1,296	$1,249	$212,767	$212,233
Month 246	$2,545	$1,304	$1,241	$211,463	$213,537
Month 247	$2,545	$1,311	$1,234	$210,152	$214,848
Month 248	$2,545	$1,319	$1,226	$208,833	$216,167
Month 249	$2,545	$1,327	$1,218	$207,507	$217,493
Month 250	$2,545	$1,334	$1,210	$206,172	$218,828
Month 251	$2,545	$1,342	$1,203	$204,830	$220,170
Month 252	$2,545	$1,350	$1,195	$203,480	$221,520
Year 22
Month 253	$2,545	$1,358	$1,187	$202,123	$222,877
Month 254	$2,545	$1,366	$1,179	$200,757	$224,243
Month 255	$2,545	$1,374	$1,171	$199,383	$225,617
Month 256	$2,545	$1,382	$1,163	$198,001	$226,999
Month 257	$2,545	$1,390	$1,155	$196,612	$228,388
Month 258	$2,545	$1,398	$1,147	$195,214	$229,786
Month 259	$2,545	$1,406	$1,139	$193,808	$231,192
Month 260	$2,545	$1,414	$1,131	$192,394	$232,606
Month 261	$2,545	$1,422	$1,122	$190,971	$234,029
Month 262	$2,545	$1,431	$1,114	$189,540	$235,460
Month 263	$2,545	$1,439	$1,106	$188,101	$236,899
Month 264	$2,545	$1,448	$1,097	$186,654	$238,346
Year 23
Month 265	$2,545	$1,456	$1,089	$185,198	$239,802
Month 266	$2,545	$1,464	$1,080	$183,733	$241,267
Month 267	$2,545	$1,473	$1,072	$182,260	$242,740
Month 268	$2,545	$1,482	$1,063	$180,779	$244,221
Month 269	$2,545	$1,490	$1,055	$179,288	$245,712
Month 270	$2,545	$1,499	$1,046	$177,789	$247,211
Month 271	$2,545	$1,508	$1,037	$176,282	$248,718
Month 272	$2,545	$1,516	$1,028	$174,765	$250,235
Month 273	$2,545	$1,525	$1,019	$173,240	$251,760
Month 274	$2,545	$1,534	$1,011	$171,706	$253,294
Month 275	$2,545	$1,543	$1,002	$170,163	$254,837
Month 276	$2,545	$1,552	$993	$168,610	$256,390
Year 24
Month 277	$2,545	$1,561	$984	$167,049	$257,951
Month 278	$2,545	$1,570	$974	$165,479	$259,521
Month 279	$2,545	$1,579	$965	$163,899	$261,101
Month 280	$2,545	$1,589	$956	$162,311	$262,689
Month 281	$2,545	$1,598	$947	$160,713	$264,287
Month 282	$2,545	$1,607	$937	$159,105	$265,895
Month 283	$2,545	$1,617	$928	$157,489	$267,511
Month 284	$2,545	$1,626	$919	$155,863	$269,137
Month 285	$2,545	$1,636	$909	$154,227	$270,773
Month 286	$2,545	$1,645	$900	$152,582	$272,418
Month 287	$2,545	$1,655	$890	$150,927	$274,073
Month 288	$2,545	$1,664	$880	$149,263	$275,737
Year 25
Month 289	$2,545	$1,674	$871	$147,589	$277,411
Month 290	$2,545	$1,684	$861	$145,905	$279,095
Month 291	$2,545	$1,694	$851	$144,211	$280,789
Month 292	$2,545	$1,704	$841	$142,508	$282,492
Month 293	$2,545	$1,713	$831	$140,794	$284,206
Month 294	$2,545	$1,723	$821	$139,071	$285,929
Month 295	$2,545	$1,734	$811	$137,337	$287,663
Month 296	$2,545	$1,744	$801	$135,593	$289,407
Month 297	$2,545	$1,754	$791	$133,840	$291,160
Month 298	$2,545	$1,764	$781	$132,076	$292,924
Month 299	$2,545	$1,774	$770	$130,301	$294,699
Month 300	$2,545	$1,785	$760	$128,517	$296,483
Year 26
Month 301	$2,545	$1,795	$750	$126,721	$298,279
Month 302	$2,545	$1,806	$739	$124,916	$300,084
Month 303	$2,545	$1,816	$729	$123,100	$301,900
Month 304	$2,545	$1,827	$718	$121,273	$303,727
Month 305	$2,545	$1,837	$707	$119,436	$305,564
Month 306	$2,545	$1,848	$697	$117,588	$307,412
Month 307	$2,545	$1,859	$686	$115,729	$309,271
Month 308	$2,545	$1,870	$675	$113,859	$311,141
Month 309	$2,545	$1,881	$664	$111,978	$313,022
Month 310	$2,545	$1,892	$653	$110,087	$314,913
Month 311	$2,545	$1,903	$642	$108,184	$316,816
Month 312	$2,545	$1,914	$631	$106,271	$318,729
Year 27
Month 313	$2,545	$1,925	$620	$104,346	$320,654
Month 314	$2,545	$1,936	$609	$102,410	$322,590
Month 315	$2,545	$1,947	$597	$100,462	$324,538
Month 316	$2,545	$1,959	$586	$98,503	$326,497
Month 317	$2,545	$1,970	$575	$96,533	$328,467
Month 318	$2,545	$1,982	$563	$94,552	$330,448
Month 319	$2,545	$1,993	$552	$92,558	$332,442
Month 320	$2,545	$2,005	$540	$90,554	$334,446
Month 321	$2,545	$2,017	$528	$88,537	$336,463
Month 322	$2,545	$2,028	$516	$86,509	$338,491
Month 323	$2,545	$2,040	$505	$84,469	$340,531
Month 324	$2,545	$2,052	$493	$82,416	$342,584
Year 28
Month 325	$2,545	$2,064	$481	$80,352	$344,648
Month 326	$2,545	$2,076	$469	$78,276	$346,724
Month 327	$2,545	$2,088	$457	$76,188	$348,812
Month 328	$2,545	$2,100	$444	$74,088	$350,912
Month 329	$2,545	$2,113	$432	$71,975	$353,025
Month 330	$2,545	$2,125	$420	$69,850	$355,150
Month 331	$2,545	$2,137	$407	$67,713	$357,287
Month 332	$2,545	$2,150	$395	$65,563	$359,437
Month 333	$2,545	$2,162	$382	$63,401	$361,599
Month 334	$2,545	$2,175	$370	$61,226	$363,774
Month 335	$2,545	$2,188	$357	$59,038	$365,962
Month 336	$2,545	$2,200	$344	$56,838	$368,162
Year 29
Month 337	$2,545	$2,213	$332	$54,625	$370,375
Month 338	$2,545	$2,226	$319	$52,399	$372,601
Month 339	$2,545	$2,239	$306	$50,159	$374,841
Month 340	$2,545	$2,252	$293	$47,907	$377,093
Month 341	$2,545	$2,265	$279	$45,642	$379,358
Month 342	$2,545	$2,279	$266	$43,363	$381,637
Month 343	$2,545	$2,292	$253	$41,072	$383,928
Month 344	$2,545	$2,305	$240	$38,766	$386,234
Month 345	$2,545	$2,319	$226	$36,448	$388,552
Month 346	$2,545	$2,332	$213	$34,116	$390,884
Month 347	$2,545	$2,346	$199	$31,770	$393,230
Month 348	$2,545	$2,359	$185	$29,410	$395,590
Year 30
Month 349	$2,545	$2,373	$172	$27,037	$397,963
Month 350	$2,545	$2,387	$158	$24,650	$400,350
Month 351	$2,545	$2,401	$144	$22,249	$402,751
Month 352	$2,545	$2,415	$130	$19,834	$405,166
Month 353	$2,545	$2,429	$116	$17,405	$407,595
Month 354	$2,545	$2,443	$102	$14,962	$410,038
Month 355	$2,545	$2,458	$87	$12,504	$412,496
Month 356	$2,545	$2,472	$73	$10,032	$414,968
Month 357	$2,545	$2,486	$59	$7,546	$417,454
Month 358	$2,545	$2,501	$44	$5,045	$419,955
Month 359	$2,545	$2,515	$29	$2,530	$422,470
Month 360	$2,545	$2,530	$15	$0	$425,000

This calculator provides estimates only. Actual payment, rate, and qualification depend on your credit profile, lender review, and market conditions. Taxes and insurance are estimates. FlexPoint Inc. NMLS #243082. Not a commitment to lend.

Loan Type Comparison

How Your Payment Compares Across Loan Types

Based on your current inputs. The highlighted card is your selected loan type.

Conventional

Selected

Standard 30-yr fixed

Monthly PITI$3,335

P&I Only$2,545

Down Payment$42,500

Loan Amount$382,500

MI / Month$223

Total Interest$533,622

FHA

3.5% min down

Monthly PITI$3,334

P&I Only$2,589

Down Payment$42,500

Loan Amount$389,194

MI / Month$178

Total Interest$542,960

$0 down, no PMI

Monthly PITI$3,455

P&I Only$2,888

Down Payment$0

Loan Amount$434,138

MI / MonthNone

Total Interest$605,660

USDA

$0 down eligible areas

Monthly PITI$3,548

P&I Only$2,856

Down Payment$0

Loan Amount$429,250

MI / Month$125

Total Interest$598,842

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First Name

Last Name

Mobile Phone

Program Interest

Loan Purpose

Property Type

Residency Type

Estimated Loan Amount$300,000

$50,000$3,500,000+

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