Home·
Tools·
Mortgage Calculator

Mortgage Calculator

Calculate your monthly mortgage payments, interest rates, and total loan costs to make informed home buying decisions.
$4,255/month
30-year fixed average rate of 6.950%
  • Principal & Interest:
    $3,336
  • Property Tax:
    $656
  • Home Insurance:
    $263
  • HOA:
    $0
  • PMI:
    $0
$151,200 due at close
20% down payment, 4% closing cost
Down payment assistance
There are programs that can help you afford homes in this area.
$
Average home price in Miami: $630,000
$
20% down payment: $126,000
Shorter loan term means less interest paid overall
%
Rate depends on your credit score and down payment
$
Total tax/year (1.25% of home price): $7,875
$
Total insurance/year (0.5% of home price): $3,150
$
HOA fees may include amenities, maintenance, pool, gym, etc.
$
PMI is usually not required with 20% down payment or more
Calculators
Mortgage Calculator
Calculate your monthly mortgage payment.
Refinance Calculator
Estimate your monthly savings with a refinance.
Rent or Buy Calculator
Estimate when it makes sense to buy or rent.
Let’s make your move

Your Dream Home Awaits

Explore top homes and apartments in your area. Schedule a tour with just one click.

View Listings→
Speak with an advisor
+1 (305) 394-9664
Response time: Immediately
Call now→

No pressure — just clear, expert advice.