Carrying Cost Calculator
Howard Hanna
Sande Rand
Slide your way to a new home!

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Loan Details

Use the rate quoted by your lender
Escrowing Taxes & Insurance? (>30% down usually not needed)

Mortgage Payment

Principal $—
Interest $—
Total P&I $—
Principal & interest shown for the first payment — the split shifts toward principal over time
Property Tax $—
Homeowners Insurance $—
Total T&I (if unescrowed) $—
Total PITI (if escrowing) $—
Principal & interest only — taxes and insurance are paid separately, not escrowed
Loan amount: $—
Interest paid over 5-yr term: $—
P&I = Principal & Interest
T&I = Taxes & Insurance
PITI = Principal, Interest, Taxes & Insurance
Paid Separately — Not Escrowed

Monthly Home Costs

Want to go further in your planning and add in utilities and services often associated with homeownership?