Illustrative estimate only. Not a loan quote or guarantee of financing. This tool is not lender preapproval or personalized financial advice.
Results
| Item | Monthly | Share |
|---|---|---|
| Principal & interest | $2,702 | 67% |
| Property taxes | $450 | 11% |
| Homeowners insurance | $200 | 5% |
| Mortgage insurance (PMI) | $214 | 5% |
| HOA / condo fees | $100 | 2% |
| Maintenance reserve | $375 | 9% |
| Utilities | $0 | 0% |
| Other household costs | $0 | 0% |
| Total | $4,041 | 100% |
Reading your estimate
Maintenance is a reserve
Maintenance savings is a planning reserve you set aside for repairs and upkeep. It is not a lender escrow payment and is not collected by your lender.
PMI is illustrative
Mortgage insurance may differ by loan type, down payment, and credit profile, and some loans use different kinds of mortgage insurance. Don't assume it automatically disappears at exactly 20% equity—removal depends on the rules that apply to your loan. Ask your lender.
Every number varies
Property taxes, insurance premiums, HOA fees, utilities, interest rates, and actual loan terms vary by property, location, lender, and over time. This tool does not use local tax rates—enter figures you've verified for the homes you're considering.
Not advice or preapproval
This is an educational illustration—not lender preapproval, a loan quote, or personalized financial advice. Talk with a licensed lender and qualified professionals about your situation.