Florida Mortgage Advisors
Mortgage Payment Calculator
Estimate the monthly housing payment for a Florida home purchase.
Loan details
Choose the loan type, then enter the numbers you know.
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20% of purchase price
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Enter the annual premium you expect or have been quoted.
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Used only to estimate conventional monthly mortgage insurance.
Standard MI coverage assumed; 2 borrowers assumed.
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Estimate based on credit-score range and base LTV.
Conventional MI is risk-based. This calculator uses a planning estimate based on credit-score range, LTV and occupancy. Standard MI coverage and 2 borrowers are assumed. This is not a live MI quote; actual pricing can vary by mortgage insurer and other loan characteristics.
FHA assumption: 1.75% upfront MIP is financed into the loan. Monthly MIP is estimated using the current FHA structure for the selected term/LTV. Actual FHA MIP depends on the applicable FHA rules and case characteristics.
VA assumption: subsequent-use purchase loan, less than 5% down, non-exempt borrower, with the 3.3% funding fee financed. Actual VA funding fees can be lower or waived depending on the borrower's circumstances.
Property costs
Property tax is estimated automatically; insurance and HOA are your inputs.
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Estimated at 1.5% of purchase price. Actual Florida taxes vary by property and tax circumstances.
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Estimated monthly payment
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Principal & interest
$0
Property taxes
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Homeowners insurance
$0
HOA / condo
$0
Mortgage insurance
$0
Loan snapshot
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Base loan amount
$0
Down payment
$0
Base LTV
0%
Financed upfront fee
$0
Important:
This is an estimate, not a loan quote or Loan Estimate. Interest rates, insurance, property taxes, mortgage insurance and loan-program fees vary by borrower, property and transaction. Actual payment should be confirmed with your lender.
