Mortgage Calculator

Estimate your monthly mortgage payment for a home in Cincinnati or Northern Kentucky, including property taxes, insurance, mortgage insurance, and HOA dues. Enter the home price, your down payment, and your loan details to see your payment and how your loan pays down over time.

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Swap in the rate your lender quotes you for the most accurate number.
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Property tax rates vary by city and county. Check the county auditor's site for a specific home.
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PMI only applies when you put down less than 20%. Your lender sets the actual rate.

Breakdown of the estimated monthly payment $0 Month
    Loan Amount
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    Total Interest
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    This calculator provides an estimate only and is not a loan offer or commitment to lend. Your actual payment depends on your credit, loan program, lender, and the taxes and insurance on the specific home. Closing costs are not included.

    Mortgage Calculator FAQs

    What's included in my monthly mortgage payment?

    Most monthly payments include four pieces: principal, interest, property taxes, and homeowners insurance. Depending on the loan and the home, you may also pay private mortgage insurance (PMI) and HOA dues. This calculator includes all of them so you see the full picture.

    When do I have to pay PMI?

    On a conventional loan, PMI usually applies when your down payment is less than 20% of the home price. Your lender sets the rate based on your credit and down payment, and PMI can typically be removed once you build enough equity.

    Should I choose a 15-year or 30-year mortgage?

    A 15-year loan has a higher monthly payment but saves a lot in total interest. A 30-year loan keeps the monthly payment lower and gives your budget more breathing room. Switch the loan term above to compare both side by side.

    How accurate is this mortgage calculator?

    It gives you a solid estimate, but your final payment depends on the rate you lock, your loan program, and the actual taxes and insurance on the home you buy. A local lender can give you exact numbers once you're ready.