What could home cost each month?

Estimate a fixed-rate mortgage payment, then add the costs that often get missed: taxes, insurance, HOA dues, and mortgage insurance.

Property & loan

Home price

Down payment

20% of the home price

Loan term

Interest rate

Taxes & recurring costs

Property tax / year

Insurance / year

HOA / month

PMI rate / year

Applied only below 20% down

Estimated monthly payment

$3,025

per month

80% LTV

Principal & interest$2,276

Property tax$450

Home insurance$150

HOA dues$0

Mortgage insurance$0

Loan amount

$360,000

Total interest

$459,560

Principal paid

$326 first month

Estimate only. Principal and interest assume a fixed-rate loan; taxes, insurance, fees, and PMI rules vary by lender and location. This does not include closing costs.