Estate Realty Group — Atlanta Metro Real EstateDexter WilliamsChapman Hall Realtors®

Mortgage Calculator

Estimate a monthly house payment for a Metro Atlanta home, including principal and interest, property tax, homeowners insurance, PMI and HOA dues.

Monthly Payment Estimate

Change any number to see your estimate update

$35,000 down

Sample rate. Enter the rate your lender quotes you.

Check the county tax bill; rates vary by county, city and exemptions.

Use a real insurance quote for the home.

Usually only when you put less than 20% down. Your lender sets it.

Enter 0 if the home has no HOA.

Estimated Monthly Payment

$2,669

principal, interest, taxes, insurance, PMI and HOA

Principal & Interest$2,096
Property Tax$292
Homeowners Insurance$150
PMI (under 20% down)$131
HOA Dues$0
Loan amount$315,000
Total interest over 30 years$439,453

Estimate only. This is not a loan offer.

This calculator gives a rough estimate for planning. It is not a loan offer, pre-approval, rate quote or commitment to lend, and it is not financial advice. The starting numbers are samples, not rates offered by Dexter Williams or Estate Realty Group. Dexter Williams is a REALTOR®, not a mortgage lender. Your actual rate, PMI, taxes, insurance and closing costs depend on your credit, loan program, lender and the property. Get a Loan Estimate from a licensed mortgage lender before you decide.

Mortgage calculator questions

What does this mortgage calculator include?

It adds principal and interest on a fixed-rate loan, property tax, homeowners insurance, private mortgage insurance (PMI) when the down payment is under 20%, and monthly HOA dues. Every number is an input you can change.

Are the starting numbers a rate quote?

No. The starting interest rate, tax, insurance and PMI figures are sample numbers so the calculator shows a result. They are not rates offered, quoted or recommended by Dexter Williams, Estate Realty Group or Chapman Hall Realtors. Replace them with your lender quote, the county tax bill and an insurance quote.

When does PMI apply?

On most conventional loans, lenders charge PMI when the down payment is less than 20% of the price. FHA and USDA loans use their own mortgage insurance or guarantee fees instead. Your lender sets the actual amount.

Next steps: read the buyer's guide, see first-time buyer programs and USDA loan areas, or search homes for sale.