Instructions: Enter the amount borrowed along with the loan term & the APR to calculate your estimated monthly principal & interest payment.

Your Loan Information	Data Entry
Home Value
Down Payment
Loan Amount
Interest Rate
Loan Length in Years
PMI
Payments per Year
Annual Home Appreciation (%)
Cost to Sell Property (%)
Other Ownership Costs	Data Entry
Annual Property Tax
Annual Homeowner's Insurance
Monthly HOA
Annual Maintenance
Your Payments	Calculated Payments
P&I Payment Amount
Other Ownership Costs
All-inclusive Payment
Total Interest Expense
Your Cost of Ownership	Ownership Cost
Total Ownership Cost
Average Cost Per Year
Average Cost Per Month
Factoring In Appreciation	Property Appreciation
Property Value at End of Loan
Total Appreciation
Cost to Sell Property
Total Ownership Cost After Appreciation
Average Annual Cost After Appreciation
Average Monthly Cost After Appreciation

The above calculator estimates the core principal & interest payments on a fixed-rate mortgage. By default the calculator returns monthly values, though if you switch the payments per year from 12 to 24, 26 or 52 you can see the equivalent semi-monthly, biweekly or weekly payment information.

The results return the principal & interest portion of the payment first, then the equivalent payment with other costs of ownership included like insurance, association dues, property tax payments & maintenance of the dwelling. The final calculated result in the top section of the results is the total interest expense one would have if they made regular payments throughout the duration of the loan.

The home's total & average ownership costs are then estimated, and then these values are compared to the amount the home appreciates to get the true cost of ownership.