Free Florida Mortgage Calculators
Use these Florida mortgage calculators to estimate your monthly payment, check affordability, and compare loan options. All 17 calculators are free. No sign-up required — results are instant.
Mortgage Payment
Calculate your monthly principal & interest based on price, down payment, rate, and loan term.
Amortization Schedule
See the full month-by-month breakdown of principal, interest, and remaining balance over the life of your loan.
Home Affordability
Find out how much house you can afford based on your income, debts, and down payment.
Refinance Break-Even
Compare your current loan to a new one and see how long until your savings offset closing costs.
Rent vs. Buy
Compare the true 5, 10, and 30-year cost of renting versus buying a home in Florida.
Bi-Weekly Payments
See how paying every two weeks instead of monthly can save thousands in interest and years off your loan.
ARM vs. Fixed Rate
Compare adjustable-rate and fixed-rate mortgages side by side over your expected ownership period.
15 vs. 30 Year Mortgage
Side-by-side comparison of 15-year vs. 30-year mortgages — total interest, monthly payment, equity.
FHA Loan Calculator
Calculate FHA payments including MIP (mortgage insurance premium), total loan cost, and 3.5% down payment.
VA Loan Calculator
Estimate VA loan payments including the funding fee, and see your savings from no PMI requirement.
PMI Removal
Find out exactly when your loan reaches 20% equity so you can cancel private mortgage insurance.
HELOC Calculator
Calculate home equity line of credit draw and repayment periods based on your available equity.
Debt-to-Income Ratio
Calculate your front-end and back-end DTI ratio to see if you qualify for a mortgage.
Closing Costs (Florida)
Estimate Florida-specific closing costs including doc stamps, title insurance, intangible tax, and more.
Cash-Out Refinance
Calculate your new loan amount, monthly payment, and cash received from a cash-out refinance.
Investment Property ROI
Analyze cap rate, cash-on-cash return, and gross yield for rental property investments in Florida.
Compound Interest
See how regular contributions grow over time — great for planning a down payment or investment goal.
Ready for a real number?
Get a personalized rate quote and pre-approval letter in 24 hours.
Florida mortgage payment estimates at current rates
Florida’s average effective property tax rate is about 1.1% of assessed value. Homeowners insurance averages $1,400–$3,000 per year depending on location. The examples below use 30-year fixed rates.
| Home Price | Down | Rate | P&I | Taxes/mo | Ins/mo | Total/mo |
|---|---|---|---|---|---|---|
| $350,000 | 10% | 7.25% | $2,148 | $450 | $120 | $2,718 |
| $500,000 | 20% | 7.25% | $2,726 | $600 | $160 | $3,486 |
| $750,000 | 20% | 7.50% | $4,196 | $850 | $220 | $5,266 |
Estimates only. Actual payments vary by loan terms, credit score, and insurance costs. Use the Florida mortgage calculator above for a precise figure.
What your Florida mortgage payment includes
Principal & Interest
The base loan repayment. On a $400K loan at 7.25% for 30 years, P&I is about $2,728 per month.
Property Taxes
Florida averages roughly 1.1% of assessed value each year. Palm Beach County averages 1.0%; Miami-Dade 1.02%; Broward 1.07%.
Homeowners Insurance
Florida has some of the highest insurance rates in the country. Budget $150–$300 per month based on home age and location.
PMI (if less than 20% down)
Private mortgage insurance costs 0.5–1.5% of the loan per year on conventional loans. FHA MIP is 0.55% for most borrowers.
HOA Fees
Many South Florida communities charge $300–$1,500 per month in HOA fees. This is separate from your mortgage payment.
Equal Housing Lender. Not a commitment to lend. All loans subject to credit approval. NMLS# 1859012. Licensed in Florida. For current rates, visit HomeMTG.loans.