Scenario inputs
$
Down Payment
44.74% down
$
Loan-to-Value55.3%
Low leverageHigh leverage
%
$
$
Default estimate: 0.20% of purchase price per year.
Property taxes by ZIP code
Look up the local effective tax rate and apply it to this scenario.
Jurisdiction
Default assumption
Effective Rate
1.1726% + $2,500/yr
Monthly Taxes
$2,064.95
%
$/yr
Direct levies or special assessments. Adds $208.33/mo — total effective rate on this price: 1.3042%.
Rates come from a built-in county/state table of average effective property tax rates and are estimates for budgeting. Verify with the county assessor or a tax certificate.
My saved scenarios
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Total Monthly Payment
$8,932
Funds Needed to Close
$888,000
Payment & cash breakdown
Principal & Interest$6,550.63
Est. Property Taxes$2,064.95
Est. Hazard Insurance$316.67
HOA / Mortgage Insurance$0.00
Total Monthly Payment (PITI)$8,932.25
Down Payment$850,000
Est. Closing Costs (2.0%)$38,000
Total Funds Needed to Close$888,000
Reserves Required (12 months)$107,187
Note: You do NOT have to pay your taxes and insurance monthly through escrow if waived; estimated costs are presented on a monthly basis for budgeting purposes.
Rate comparison
At $1,900,000 price and $1,050,000 loan amount.
Ability to Adjust
Select a comparison rate to make it the active scenario rate.