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Call 502-649-1840 for a free consultation.

Cindy Droste
Broker
Art Haus Real Estate
Louisville, KY
502-649-1840
cdroste@arthausrealestate.com

We look forward to hearing from you.

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Calculate Mortgage Payment

Instructions: Enter numbers and decimal points. No commas or other characters.

How much will you be borrowing? What will be the term of this mortgage (in years)? What will be the interest rate?

This is your principal + interest payment, or in other words, what you send to the bank each month. But remember, you will also have to budget for homeowners insurance, real estate taxes, and if you are unable to afford a 20% down payment, Private Mortgage Insurance (PMI). These additional costs could increase your monthly outlay by as much 50%, sometimes more. Calculator courtesy of Raving Roo.

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