TS | Mortgage

Loan

Home price

$

Down payment

$

%

Loan term

Interest rate

%

First payment

Monthly costs

Property tax

%

Homeowners insurance

$/yr

HOA dues

$/mo

PMI n/a

%/yr

Applies automatically under 20% down; drops off once the balance reaches 80% of the home price.

Extra monthly payment

$/mo

Goes straight at principal every month.

Monthly payment

Total / month

—

Principal/interest split shown for the first payment — it shifts toward principal every month (see the schedule below).

ARM outlook after the fixed period

Fixed period payment

—

After first adjustment

—

Worst case at lifetime cap

—

Worst case assumes the rate rises by the per-adjust cap every year until it hits the lifetime cap. P&I only.

Loan summary

Loan amount

—

Total interest

—

Total cost

—

Payoff

—

PMI ends

—

Balance over time

Term comparison same rate assumed

Term	P&I / mo	Total interest	vs 30 yr

Figures are principal & interest only — excludes extra payments.

Amortization

Date	Principal	Interest	Balance

Income & debts

Gross household income

$/yr

Monthly debt payments

$/mo

Car loans, student loans, credit card minimums — not utilities or groceries.

Cash for down payment

$

Loan assumptions

Interest rate

%

Loan term

Property tax

%/yr

Insurance

$/yr

HOA

$/mo

Comfort level

Housing ratio 28%

Share of gross monthly income going to the house payment. 28% is the classic guideline.

Total debt ratio 36%

House payment plus all other debts. 36% is conservative; lenders often allow up to 43–50%.

You can afford

Max home price

—

Conservative

—

Your settings

—

Aggressive

—

Conservative = 25% housing ratio · Aggressive = 43% total-debt ceiling. Same rate, term, and costs.

At that price

Monthly payment

—

Loan amount

—

Down payment

—

PMI

—

Budget headroom

Housing / income—

0%guideline 28%40%

All debts / income—

0%guideline 36%50%

Selling your current home

Expected sale price

$

Mortgage payoff

$

What you still owe, including any payoff penalty.

Realtor fee

%

Seller closing / concessions

$

Moving costs

$

Other costs

$

Other = repairs, staging, overlap rent — anything else the move costs you.

Buying the new home

New home price

$

Buyer closing costs

%

Interest rate

%

Loan term

Property tax

%/yr

Insurance

$/yr

HOA

$/mo

Current monthly payment

$/mo

What you pay today — P&I + tax + insurance escrows. The runway benchmark.

Net proceeds

Net proceeds from the sale

—

Cash to put toward the new house

—

This pot splits between your down payment and kept savings.

Strategy comparison vs $2,900/mo today

Custom down payment —

—

	All-in	20% down	Custom

Side-by-side only — pick whichever fits your plan. PMI assumed at 0.5%/yr whenever the down payment is under 20%.

Runway custom strategy

Monthly gap

—

Savings kept

—

Savings last

—

Runs out

—

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Run the numbers.
Save every scenario.