Payment Calculator

This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate.

Mortgage Calculator – Plan Your South Florida Home Purchase with Confidence

Understanding what you can afford is the first step toward buying your dream home in South Florida. Our Mortgage Calculator makes it easy to estimate your monthly payments, compare loan options, and plan your budget with clarity and confidence.

At Abode Real Estate, we’re committed to helping you make informed decisions every step of the way.

How to Use the Mortgage Calculator

Simply enter the key details below to get started:

  • Home Price – The total cost of the property you're considering.
  • Down Payment – The amount you plan to put down upfront (either as a dollar amount or percentage).
  • Loan Term – Choose between popular options like 15, 20, or 30 years.
  • Interest Rate – Enter your estimated or pre-approved rate from a lender.
  • Property Taxes & Insurance – For a more accurate estimate, include your expected annual taxes and homeowner’s insurance.

In seconds, you’ll see your estimated monthly payment — including principal, interest, taxes, and insurance (PITI).

Why Use a Mortgage Calculator?

  • ✅ Set a realistic budget before you start house hunting
  • ✅ Compare different loan scenarios to see what fits best
  • ✅ Understand the full cost of owning a home
  • ✅ Prepare for lender pre-approval with confidence

Whether you're buying your first home, upgrading, or investing in a vacation property, this tool gives you the financial foresight to move forward with peace of mind.

Need Help Understanding Your Results?

Our team at Abode Real Estate is here to help! If you're unsure how much home you can afford, want to discuss financing options, or need recommendations for trusted local lenders, we're just a call or click away.

Contact us today to speak with a knowledgeable agent who can walk you through the next steps.

Let’s Make Your Dream Home a Reality

With the right tools and guidance, buying a home doesn’t have to feel overwhelming. Use our Mortgage Calculator as your starting point — and trust Abode Real Estate to guide you through the rest.