Conventional Mortgage Calculator Purchase Price $ Mortgage Term 30 Years 25 Years 20 Years 15 Years 10 Years 5 Years Down Payment ($) 5 5% Annual Taxes ($) 1 1% Interest Rate (%) 6.75 6.75% Mortgage Insurance Rate (%) 0 0% Mortgage Insurance Rate (%) Your LTV is less than 80%, so you will not need to pay PMI. Annual Insurance $ Monthly HOA $ Want a Copy of the Results? $1,848.33 Monthly Payment Principal & Interest $1,540 Monthly Taxes $208.33 Monthly HOA $50 Monthly Insurance $50 Monthly PMI $0
