Mortgage Payment & Affordability Calculator
The Lund Group — Ferrari-Lund Real Estate
Estimate monthly payment, total interest, PMI, amortization & DTI
Loan Details
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Recurring Costs
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Income & Debt (for DTI)
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Monthly Payment Breakdown
Principal & Interest—
Property Tax—
Homeowners Insurance—
HOA Dues—
PMI —
Total Monthly Payment—
Loan Summary
Loan Amount—
Down Payment —
Loan-to-Value (LTV)—
Est. Cash to Close down payment + closing costs—
Total of P&I Payments—
Total Interest Paid over life of loan, if not refinanced—
Total PMI Paid —
Debt-to-Income (DTI)
Gross Monthly Income—
Front-End Ratio housing payment ÷ income
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Conventional guideline: ≈ 28% or below. —
Back-End Ratio (housing + all debt) ÷ income
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Conventional guideline: ≈ 36% (often up to 43–45% with strong credit). —
Amortization
Balance Remaining
Cumulative Principal Paid
Cumulative Interest Paid
| Year | Principal | Interest | Total Principal Paid | Balance Remaining |
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