Mortgage Calculator for Accurate Monthly Payment Estimates

Estimate your monthly mortgage payment, including principal, interest, taxes, and insurance, so you can plan your home purchase with confidence.

DHF Physician Mortgage Calculator

$
$16.67%
$
%
years
$/year
%
$/year
$
$1,476.87
Your estimated monthly payment with PMI
PMI:$0.00
Monthly Tax Paid:$200.00
Monthly Home Insurance:$83.33
PMI End Date:Apr 2028
Total PMI Payments:27
Monthly Payment after Apr 2028:$1,476.87
Loan Breakdown
Total
$581,673.77
Principal
Interest
Tax
HOA & Insurance
Downpayment
Mortgage Details
Loan Amount:$250,000.00
47.02%
Down Payment:$50,000.00 (16.67%)
9.40%
Total Interest Paid:$179,673.77
33.79%
Total PMI to Apr 2028:$0.00
0.00%
Total Tax Paid:$72,000.00
13.54%
Total Home Insurance:$30,000.00
5.64%
Total of 360 Payments:$531,673.77
Loan pay-off date:Jan 2056
Monthly Vs Bi-Weekly Payment
$1,193.54
Monthly Payment
$596.77
Bi-weekly Payment
Jan 2056
Monthly Pay-off Date
Jan 2052
Bi-weekly Pay-off Date
$179,673.77
Total Interest Paid
$151,482.12
Total Interest Paid
Total Interest Savings: $28,191.64

Physician loan vs. conventional: what PMI costs you

Most physician mortgages have no PMI, even with less than 20% down. See the difference.

Conventional loan
$3,240/mo
Principal & interest $3,002
+ PMI $238/mo
Physician loan · no PMI
$3,002/mo
Principal & interest $3,002
+ PMI $0
A physician loan avoids $238/mo in PMI — about $41,563 over ~175 months until you'd reach 20% equity on a conventional loan.
Get matched with a physician-mortgage lender →

Illustration only — not a quote or an offer of credit. PMI rates vary by lender and credit profile; the PMI-removal estimate is a simplification. Physician-mortgage terms are provided by third-party lenders and subject to approval. Dr. Home Finance is a research and matching service, not a lender or broker. Equal Housing Opportunity.