Mortgage Calculator

Florida Buyer Broker

Licensed Real Estate Buyer Broker


To use the simple mortgage calculator below. Type in the current interest rate and home price. The rate you actually obtain from a lender will also depend upon your credit rating. The numbers below do not reflect current rates which are in the 7.5% to 7.75% range as of October 2023. Primary home buyers typically pay 3% down and 2nd home buyers pay 10% to 20% down. New homes have lower insurance rates, however, add $500 to $1,000 to the number below. Many factors are considered when obtaining a loan. The calculator below will provide a sample of an estimate, the numbers cannot be relied upon. We are not mortgage brokers or lenders. Call now for new home buyer consultation 1-800-283-7393. 

Calculate Mortgage Payment Amounts for New Home Buyers