Your home purchase planner

Estimate your home payment.

Start with a few numbers. See your full monthly estimate, explore changes, and find questions worth talking through.

No sign-up. No credit check. Your numbers stay in this page unless you choose to send them.

Estimated housing payment Calculating…View breakdown ↓

Your starting point

Start with a home price and down payment. Use the suggested rate and other assumptions if you are still exploring.

Loan typeChoose a loan type so the estimate fits your starting point.

Not sure which loan or rate to use?

Start with Conventional to explore a budget, or choose VA purchase if you are exploring your VA benefit. You can also enter a rate from your broker.

Looking at USDA? This calculator does not model its program fees and insurance. Request a program-specific estimate.

Home price dollarsUse a price you are considering. You do not need a home picked out.

Down payment

10% = $40,000

Interest rate %

Loan term

FRED benchmark: loading…

Adjust taxes, insurance & other costs

Taxes and insurance are starting assumptions, not local quotes. Replace them with property records and insurance estimates when you have them.

Property taxes per yearStarts at 1.2% of home price. This is an editable planning assumption. Homeowners insurance per year$1,800 per year is a starting assumption. Flood or other separate coverage is not included. Association dues (HOA) per month

Mortgage insuranceBelow 20% down, uses 0.5% of the starting loan per year. At 20% or more, uses $0. Actual cost and requirements vary; this is not an FHA, VA, USDA, or jumbo quote.

Closing costs & prepaid allowance % of priceA rough 3% budgeting allowance, not an itemized fee estimate. It combines fees, prepaid expenses, and initial escrow funding; it is separate from your down payment. Your comfortable monthly target optionalA budget you choose—not a lender’s qualification limit. Extra principal payment per monthExplore paying the loan off sooner. This is voluntary and is shown separately from your estimated required payment.

Your monthly picture

Estimated housing payment

Calculating…

per month · before utilities and maintenance

Principal & interest
Property taxes
Homeowners insurance
Mortgage insurance
HOA dues

Insurance is an editable $1,800/year placeholder, not a quote. Use a property-specific estimate.

Plan for the beginning, too

A rough upfront budget

Down payment
Closing costs & prepaid allowance

Before credits or deposits already paid. Keep a separate cushion for moving and emergencies. A Loan Estimate provides transaction-specific costs.

What if you changed one thing?

Save these numbers, then try a different price, down payment, rate, or term.

The longer view

Principal and interest only. Assumes a fixed rate, on-time monthly payments, and no prepayment penalty. Excludes taxes, insurance, HOA, fees, and future changes.

Balance at the end of each year, including extra principal
Year	Principal paid	Interest paid	Remaining

Like to talk through these numbers?

Bring this scenario into a personal conversation. You can review the summary before sending.

Call (763) 367-6676 · Text Atwood

A useful estimate, with clear assumptions.

This planner models a fully amortizing fixed-rate purchase loan. It does not determine eligibility, quote a rate, calculate APR, or establish actual costs. VA purchase mode estimates the funding fee using your chosen assumptions. FHA purchase mode finances a 1.75% upfront mortgage insurance premium and estimates initial monthly MIP from term, base loan and down payment. Its monthly MIP is a starting allowance, not a year-by-year insurance schedule; confirm eligibility, loan limits, fees and insurance with your broker. It does not model adjustable-rate, interest-only, or reverse mortgages. HUD: FHA mortgage insurance. USDA, jumbo, and other financing may have different costs; ask us for a program-specific comparison.

Monthly taxes, insurance, and dues are included whether you pay them through escrow or separately. They can change. The upfront allowance is a separate starting cash budget, not an exact cash-to-close calculation.

Results are calculated on your device. Saving a comparison keeps it only while this page is open. Nothing is submitted to Atwood until you choose to send the conversation form.

CFPB: Planning a comfortable home payment