Affordability Payment Calculator Affordability Payment Calculator Annual Income $ Monthly Debts $ Estimated annual property taxes $ Estimated Annual Home Insurance $ Down Payment $ Interest Rate % Loan Term 30 year fixed 15 year fixed Want a Copy of the Results? You can afford up to $ Monthly Payment $ Principal & Interest $ Tax $ Insurance $ Payment provided is an estimate only. Actual payment will depend on current market interest rates, credit rating and actual taxes and insurance. Purchase Price $ Mortgage Term 30 Years 25 Years 20 Years 15 Years 10 Years 5 Years Down Payment ($) 5% Annual Taxes ($) 2% Interest Rate (%) 5% Mortgage Insurance Rate (%) 0% Mortgage Insurance Rate (%) Your LTV is less than 80%, so you will not need to pay PMI. Annual Insurance $ Want a Copy of the Results? $1421 Monthly Payment Principal & Interest $1421 Monthly Taxes $1421 Monthly Insurance $1421 Monthly PMI $0 Payment provided is an estimate only. Actual payment will depend on current market interest rates, credit rating and actual taxes and insurance. Purchase Price $ Mortgage Term 30 Years 25 Years 20 Years 15 Years 10 Years 5 Years Down Payment ($) 3.5% Annual Taxes ($) 2% Interest Rate (%) 5% Annual Insurance $ Want a Copy of the Results? $1421 Monthly FHA Payment Principal & Interest $1421 Monthly Taxes $1421 Monthly Insurance $1421 Up-Front MIP (1.75%)$0 Monthly Mortgage Insurance $0 Payment provided is an estimate only. Actual payment will depend on current market interest rates, credit rating and actual taxes and insurance. First Time VA Loan? Yes No Mortgage Term 30 Years 25 Years 20 Years 15 Years 10 Years 5 Years Type of Service Regular Military Reserves/National Guard Purchase Price $ Down Payment ($) 0% Interest Rate ($) 5% Annual Taxes ($) 2% Annual Insurance ($) $ Want a Copy of the Results? $1421 Monthly VA Payment Principal & Interest $1421 Monthly Taxes $1421 Monthly Insurance $1421 Purchase Price $1421 VA Funding Fee $1421 Amount Financed $1421 Payment provided is an estimate only. Actual payment will depend on current market interest rates, credit rating and actual taxes and insurance.