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See what this house really costs you a month

Put in the price, down payment, rate, tax, insurance and fees. See the real monthly cost, not just the mortgage payment, and how long PMI lasts. Runs in your browser. No account, no card, no call.

The house

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The real monthly cost is $3,816, which is $1,335 more than the $2,481 mortgage payment.
Real cost a month
$3,816
Beyond the mortgage payment
$1,335
Down payment
$42,500
loan of $382,500
PMI
$191 a month
for about 9 years 4 months

Every part of the monthly cost

Principal and interest
$2,481
Property tax
$390
Home insurance
$150
Association fees
$0
PMI
$191
Maintenance set aside
$354
Utilities
$250
Total
$3,816

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OpenAfford — true monthly cost
· $425,000 home, 10% down: $3,816 a month
· $1,335 on top of the $2,481 mortgage payment
· PMI of $191 a month for about 9 years 4 months

Run it yourself: https://openafford.com

Method: principal and interest use standard amortisation. PMI is modelled until the loan reaches 78% of the purchase price on the original schedule, when it is normally cancelled automatically. Tax, insurance, fees and upkeep are your estimates for this address.

See what this house really costs you a month

Put in the price, down payment, rate, tax, insurance and fees. See the real monthly cost, not just the mortgage payment, and how long PMI lasts. Runs in your browser. No account, no card, no call.

Open the free tool

It runs in your browser. OpenAfford never sees your inputs.