Conventional Mortgage Calculator

Home Price ($)

Loan Term (years)

Down Payment — 20% ($80,000)

Interest Rate — 5%

Optional

Annual Property Tax — 1% ($4,000/yr)

Mortgage Insurance — 0% ($0/yr)

Annual Homeowner's Insurance ($)

Monthly HOA ($)

$2,051.16

Principal & Interest

$1,718

Loan Amount

$320,000

Total Interest

$298,419

Monthly Tax

$333

Total Cost

$738,419