Calculate your P&I Payment
This simple calculator will give you the principal and interest total of a monthly payment based on the cost of the home minus the downpayment to get the amount borrowed, annual interest rate, and the number of years to pay back. The amount you actually pay each month will likely be higher and include things like PMI/MPI, insurance, and property taxes which combined are often referred to as the escrow part of your total payment.
After the calculator gives you the payment amount you can click on the chart icon in the bottom right of the calculator to see an interesting graph of how much of each payment goes to principal and interest annually.
I am here to answer any questions and help you find homes in your price range!