Mortgage Calculator

Mortgage Calculator for Central Florida & The Space Coast

Estimate your monthly mortgage payment, taxes, insurance, closing costs, and affordability while exploring your Florida home buying budget.

Mortgage Calculator

Estimate payment, monthly mortgage insurance, and upfront FHA/VA program fees. Built for quick scenarios and easy sharing.

Mortgage Payment

Conventional (PMI), FHA (UFMIP + monthly MIP), or VA (funding fee). Taxes and insurance included.

Loan Program Switching program updates MI/fee logic.

Home Price ($)

Down Payment

Down Payment20%

Drag the slider or enter amount.

Loan Term (years)

Interest Rate (%)

Annual Property Tax ($)

Annual Home Insurance ($)

PMI Rate (%)

Used only if down payment is under 20%.

FHA UFMIP (%)

Upfront premium (often financed).

FHA Annual MIP (%)

Monthly MIP = annual rate ÷ 12. Actual rate varies by LTV/term/amount.

Finance UFMIP into loan?

VA Usage

Funding Fee Exempt?

Finance Funding Fee into loan?

VA note: Funding fee % depends on usage, down payment, and loan purpose. This uses common purchase assumptions for estimating.

Important: Estimates only. Rates, FHA MIP, VA funding fee rules, taxes/insurance, and eligibility vary.

Results

Estimated Monthly Payment

Principal & Interest$0.00

Property Tax$0.00

Home Insurance$0.00

Monthly MI (PMI/MIP)$0.00

Total Monthly Payment$0.00

Upfront Program Fees

FHA UFMIP / VA Funding Fee$0

Financed into Loan?—

Loan Summary

Base Loan Amount$0

Final Loan Amount$0

Down Payment$0

Pay-off Date—

Refinance

Compare a current loan to a new rate/term and estimate break-even.

Current Loan Balance ($)

Current Interest Rate (%)

Remaining Term (years)

New Interest Rate (%)

New Loan Term (years)

Refinance Costs ($)

Refi Results

Savings Snapshot

Monthly Savings$0.00

Break-even Point—

Net Savings$0

Detail

Current Monthly P&I$0.00

New Monthly P&I$0.00

Interest Savings (est.)$0

Affordability

Estimate a home price based on income, debts, and target DTI.

Annual Household Income ($)

Monthly Debt Payments ($)

Down Payment Amount ($)

Interest Rate (%)

Loan Term (years)

Property Tax Rate (%)

Maximum Debt-to-Income Ratio (%)

DTI Ratio36%

Affordability Results

Estimate

Max Monthly Payment (PITI est.)$0

Max Home Price$0

Recommended Price (90%)$0

Payment Breakdown (Recommended)

Principal & Interest$0

Taxes$0

Insurance (est.)$0

PMI (if applicable)$0

Total$0

Amortization

See how payments break down over time (first 12 months shown).

Loan Amount ($)

Interest Rate (%)

Loan Term (years)

Extra Monthly Payment ($)

Amortization Summary

Overview

Monthly Payment (P&I)$0.00

Total Interest (no extra)$0

Payoff Date (no extra)—

First 12 Months (with extra payment)

Month	Payment	Principal	Interest	Balance

Closing Costs

Estimate common closing costs (simplified model).

Purchase Price ($)

Loan Type

Loan Amount ($)

State

Closing Costs Results

Cost Breakdown

Origination Fee$0

Appraisal$0

Credit Report$0

Title Insurance$0

Attorney/Closing$0

Recording$0

Prepaid Interest$0

Prepaid Insurance$0

Prepaid Taxes$0

Total$0

Disclaimer: Estimates only. Actual fees vary by lender, title company, program, and property.

Net Proceeds

Estimate cash to you after selling your property.

Sale Price ($)

Mortgage Balance ($)

Agent Commission (%)

Commission Rate5%

Seller Concessions ($)

Seller Closing Costs ($)

Repair Costs ($)

Other Costs ($)

Net Proceeds Results

Estimated Net Proceeds

Cash to You$0

As % of Sale Price0%

Deductions

Mortgage Payoff$0

Commission$0

Concessions$0

Closing$0

Repairs$0

Other$0

Net$0

Disclaimer: Estimates only. Consult your real estate and tax professionals for advice.

Disclaimer

The results provided by this mortgage calculator are estimates only and are intended for informational purposes. Actual loan terms, interest rates, monthly payments, closing costs, and qualification requirements may vary based on credit profile, loan program, property type, occupancy, debt-to-income ratio, and other factors.

Estimated monthly payments may not include property taxes, homeowners insurance, mortgage insurance, flood insurance, homeowners association (HOA) fees, or other applicable costs. Actual payment obligations may be higher.

This calculator does not constitute a loan approval, commitment to lend, or guarantee of financing. All loans are subject to credit approval, underwriting guidelines, and program eligibility requirements.

Florida Homes & Loans Inc. is an Equal Housing Opportunity provider. Mortgage financing is offered through FHL Mortgages. NMLS licensing information is available upon request.

Interest rates used in calculator examples are for illustrative purposes only and may not reflect current market rates or rates available to individual borrowers.

Real estate services are offered through Florida Homes & Loans Inc. Mortgage financing is offered through FHL Mortgages. Real estate agents are not licensed mortgage loan originators unless separately licensed.