Florida Mortgage Calculator

Estimate your full monthly payment, not just principal and interest. Add property taxes, homeowners insurance, PMI or FHA MIP, HOA or condo fees, and your income to see your debt to income ratios.

Loan details

Home price ($)

Down payment (%)

Interest rate (% per year)

Term (years)

Taxes, insurance and fees

Property taxes (% of price per year)

Homeowners insurance ($ per year)

PMI / MIP (% of loan per year)

HOA / condo fee ($ per month)

Other monthly housing costs ($)

PMI usually drops off once you reach 20% equity on conventional loans. FHA MIP rules are different.

Your income and debts

How are you paid?

Amount ($)

Other monthly debt payments ($)

Estimated monthly payment

$2,639

Principal & interest$2,023
Property taxes$367
Insurance$250
PMI / MIP$0
HOA / condo$0
Other costs$0

Loan amount$320,000
Loan to value80.0%
Total interest over the term$408,142
Gross monthly income$7,083
Housing ratio (front end)37.3%
Total debt ratio (back end)44.3%

Within the range most programs accept.

Educational estimate only. Actual payment depends on your credit, program, county tax rate, insurance quote and closing costs. Not a loan approval or commitment to lend.

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