Mortgage calculator with down payment
How does your down payment affect your mortgage insurance costs (PMI) and the cost of your mortgage over time? Use our down payment calculator to get an estimate!
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Calculator assumes you are buying a home with a conventional loan and will own the home for 7 years. Annual cost includes an estimate of the total yearly cost of property taxes, homeowners insurance, and maintenance. This calculator is made available as a self-help tool for your personal use. We do not guarantee its accuracy or applicability to your individual circumstances. Resulting calculations are for illustrative and informational purposes only and are not intended as investment or financial advice. Consult a qualified financial advisor before making important personal finance decisions. To get a better understanding of the benefits of buying a home, speak with a loan advisor at Freedom Mortgage.
The smaller down payment will cost
$14,374 over 7 years.
Less Down: $27K
More Down: $54K
Principle & Interest
$000.00
Taxes & Insurance
$000.00
PMI
$000.00
Ask us what refinance rate we can offer you
The mortgage refinance rate we may be able to offer is personal to you. Your interest rate is affected by the type of refinance loan you want, your credit score, your income and finances, as well as the current mortgage market environment. Freedom Mortgage may be able to offer you a refinance rate that is lower - or higher - than the rate you see advertised by other lenders. Ask us today what refinance rate we can offer you.