Mortgage Payment Range Calculator

 

Are you considering buying a home but unsure how long it will take you to pay off your home given your current budget? This calculator helps homeowners see how quickly they will repay their loan using alternate payment amounts than specified on the original amortization schedule. Enter your loan and property details, along with any other costs of ownership and we will quickly show how quickly your loan will be paid off if you pay either the minimum or maximum budget amount you enter.

Loan Basics

Home price:
Down payment:
Mortgage principal:

Loan Term & Rate

Loan term in years:
Annual interest rate (APR %):
Property mortgage insurance (PMI %):

Other Homeownership Costs

Annual property taxes:
Annual homeowners insurance:
Monthly HOA:

Your Monthly Housing Budget Range

Minimum monthly budget:
Maximum affordable budget:

Monthly

P&I

Other

Total

Mininmum:
Maximum:

Payoff

Months

Years

Interest

Minimum payment:
Maximum payment:
Difference:

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