Mortgage Calculator

Estimate your monthly mortgage payments. Payments will vary based on final costs.

Estimate Your Payment

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$100,000 (20.0% of home price)

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Estimated Monthly Payment

$3,153

Payment Breakdown

Principal & Interest$2,528
Property Tax$500
Home Insurance$125

Loan Summary

Loan Amount$400,000
Total Interest$510,178
Total Cost$1,135,178

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* This calculator provides estimates for informational purposes only. Actual payments may vary based on lender terms, credit score, and other factors.

Understanding Your Mortgage

What goes into your payment?

Principal & Interest

The core of your mortgage payment. Principal reduces your loan balance, while interest is the cost of borrowing. Early payments are mostly interest, but over time, more goes toward principal.

Property Taxes

California property taxes average around 0.73% of your home's assessed value annually. In Fresno County, this typically ranges from $5,000 to $10,000+ depending on your home's value.

Homeowner's Insurance

Protects your investment against damage, theft, and liability. Lenders require it, and in California, costs vary based on location, home age, and coverage level.

Private Mortgage Insurance (PMI)

Required when your down payment is less than 20%. PMI protects the lender and typically costs 0.3% to 1.5% of your loan amount annually. It can be removed once you reach 20% equity.

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Let's find your perfect home

Now that you have an idea of your budget, let's connect to discuss your goals and find the perfect property in California's Central Valley.

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