Real Estate Calculators

Tools

Real Estate Calculators

Estimate your mortgage payment, buying power, and closing costs with our free South Shore real estate calculators.

Mortgage Payment

Estimate your monthly payment based on purchase price and loan details.

= $100,000 down · $400,000 loan

Estimated Monthly Payment

$3,199/mo

$400,000 loan · 30-yr fixed

Payment Breakdown

Principal & Interest$2,528/mo
Est. Property Tax$521/mo
Homeowners Insurance$150/mo

Estimates only. Property tax based on 1.25% annual rate. Insurance estimated at $150/mo. PMI applies when down payment is below 20%.

Mortgage FAQ

Your monthly principal and interest (P&I) is calculated using the standard amortization formula: M = P[r(1+r)^n] / [(1+r)^n – 1], where P is the loan amount, r is the monthly interest rate, and n is the total number of payments. Your total monthly payment also includes estimated property taxes, homeowners insurance, and PMI if your down payment is below 20%.

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