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    $
    years
    $
    $
    %
    %

    Your LTV is less than 80%, so you will not need to pay PMI.

    $
    $

    3,500

    Monthly Payment

    Real APR

    0

    Monthly Taxes

    208

    Monthly Insurance

    50

    Monthly PMI

    0

    Monthly Principal and Interest

    0

    Calculators provide estimates only. Estimates shown should not be considered exact payments. Contact your local loan officer for precise and personalized information. See full legal disclosures.

    Legal Disclosures

    The AFG mortgage calculator is for estimation purposes only. Results do not reflect all loan programs and are subject to individual program loan limits. Qualification, rates and payments will vary based on timing and individual circumstances. This is not a commitment to lend.

    Here’s a payment example based on an average home price and the most common loan type:

    Loan amount: $300,000
    Loan type: 30-year Fixed-Rate Loan
    Interest rate/APR: 7.375% (7.692% APR)
    Monthly payment: $2,072.03
    Points: 1.875 points, costs due at closing
    Loan-to-value (LTV): 80.00%

    One point is equal to one percent of your loan amount. Payment does not include taxes and insurance. The actual payment amount will be greater. Some state and county maximum loan amount restrictions may apply. Rates shown are valid on publication date of April 18, 2024.

    1If you didn’t enter taxes and insurance amounts, an estimate of your taxes is based on the state selected. This does not include all fees.

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