Where Does Your Mortgage Money Go?
Each month you write one mortgage check (or see one draft from your bank), but that money is usually split into several buckets. This tool shows a simple breakdown based on your estimates.
What this page does
You enter your loan amount, interest rate, property tax, insurance, and HOA. We show you an approximate
monthly payment and how it's divided between: principal & interest, property taxes, homeowners
insurance, and HOA fees.
1. Enter Your Numbers
$
If unsure, use your purchase price or current value.
$
Use $0 if you want to see 0% down options.
This is the note rate, not APR.
Common options are 30, 25, 20, 15 years.
$
Annual amount. We'll divide by 12.
$
Annual premium, before any hurricane / flood riders.
$
Use $0 if there is no HOA.
$
We'll show impact in the principal & interest piece.
This tool is for quick estimates only. It does not include mortgage insurance, funding fees, HOA special assessments, or all possible costs. Actual payments will vary by program and lender.
2. Your Approximate Monthly Breakdown
$0
Enter your details on the left and click "Calculate" to see the breakdown.