Term
Estimated per month — principal & interest
$7,389
Principal 45%Interest 55%
- Loan amount
- $1.20M
- Total interest
- $1.46M
- Total paid
- $2.66M
Balance remainingInterest paid, cumulative
(01)
Rates move
We use 6.25% as a sensible default. Your lender will quote the real figure.
(02)
Taxes vary
Property tax, insurance and HOA are not included in the monthly estimate.
(03)
Ask a human
We introduce two lenders per client and read the term sheets with you.
(04)
Stress test it
Try a rate two points higher. If it still works, you are comfortable.