Estimate your Loan payment:

    1. 4.083% APR Estimated rate, yours may differ.
    2. Purchase Loan
    3. Property taxes are generally estimated to be 1.2% of the home's value, but may vary based on your location. Your Loan Officer can help you determine property tax rates in your area.
    4. Annual homeowners insurance is typically 0.17% of the home's value but can vary based on insurer.
    5. An amount of money that must be paid by certain types of residential property owners every month to their homeowners associations (HOAs).

Your Estimated
Monthly Payment:
$3,860

  • Principal & Interest (P&I) $2,894
  • Taxes & HOA $625
  • Mortgage Insurance $89
  • PMI $253

Loan Totals:

  • Purchase Price $625,000
  • Down Payment $18,750
  • Total Loan Amount $606,250

Estimated Taxes & Insurance: Property taxes are generally estimated to be 1.2% of the home's value, but may vary based on your location. Annual homeowners insurance is roughly 0.35% of the home's value but can change based on insurer. Your loan specialist can help you determine property tax and insurance rates in your area.

PMI The PMI (Private Mortgage Insurance) is a mortgage lenders' protection in the event of a default. PMI is paid monthly as part of your mortgage payment to the lender. Once a borrower has paid the equivalent of the 20% down payment, PMI can be removed from the monthly mortgage payment.

Estimated Monthly Payment:
$3,860
See Payment Breakdown