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Mortgage Calculator

Use our mortgage calculator built to estimate your monthly mortgage payments with ease. Simply input the home price, your down payment amount, the loan term (such as 30 years), and the annual interest rate.

Amortization Calculator

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5%

1%

5%

$
$

$1421

Monthly Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421

Other Factors

Since Principal and Interest are not the only factors of a loan we should include an estimate for other costs involved with a loan.

  •  Your down payment was less than 20% of the loan, which means you will be paying PMI. This averages around $55.00 for every $100,000.00 borrowed. An estimate for PMI will be around $130.63 per month.
  • An average tax figure for your purchase might be about $10.00 for every $1,000.00 assessed value per year. If the assessed value of your home is 85%, this would make your home\’s assessed value $212,500.00 and your monthly tax around $177.08.
  • Homeowners Insurance is another factor of a loan. An average estimate of your monthly insurance could be about $56.00.

 

With these factors, your total monthly payment estimate would be around $1,802.91.

DISCLAIMER

Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed. Home123 Mortgage does not guarantee the accuracy of any information or inputs by users of the software.
This calculator does not have the ability to pre-qualify you for any loan program which should be verified independently with one of our Loan Consultants. Qualification for loan programs may require additional information such as credit scores and cash reserves which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. Additional fees such as HOA dues are not included in calculations. All information such as interest rates, taxes, insurance, PMI payments, etc. are estimates and should be used for comparison only. Home123 Mortgage does not guarantee any of the information obtained by this calculator.

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Home123 Realty generates individual property reports for those clients that engage the company to provide this service.

If you would like this service, please contact us. CLICK on the ‘FREE Consultation’ button above or submit your phone number here.

Our technology captures your target markets, desired returns, and capital to invest to determine financing prequalified properties meeting your specific needs. 

Unfortunately, today our property/financing integrated technology is available only to our internal Home123 Advisors.  However, you may access its benefits and get a personalized list of qualified properties by contacting a Home123 Advisor.

To speak to an advisor and verify the value of our service, CLICK on the ‘FREE Consultation’ button above or submit your phone number here.

We do plan on offering our technology to private investors in the near future.  Please check back regularly to get early bird pricing. 

Our technology captures your target markets, desired returns, and capital to invest to determine financing prequalified properties meeting your specific needs. 

Unfortunately, today our property/financing integrated technology is available only to our internal Home123 Advisors.  However, you may access its benefits by contacting a Home123 Advisor.

To speak to an advisor and verify the value of our service, CLICK on the ‘FREE Consultation’ button above or submit your phone number here.

We do plan on offering our technology to private investors in the near future.  Please check back regularly to get early bird pricing. 

Today, our property/financing integrated technology is available only to our internal Home123 Advisors.  However, you may access its benefits by contacting a Home123 Advisor.

To speak to an advisor and verify the value of our service, CLICK on the ‘FREE Consultation’ button above or submit your phone number here.