Florida Mortgage Calculator
Prefilled with typical Florida property taxes and insurance to give you a faster local estimate. Adjust the numbers to match your situation.
Free Mortgage Calculator
Calculate your monthly mortgage payments, total interest, and view your complete amortization schedule. No signup required - get instant results.
Loan Details
20.0% down payment
Monthly Payment
$1,901
Principal & Interest
$1,478
Total Interest
$291,980
Loan Amount
$240,000
Payment Breakdown
Loan Summary
Amortization Chart
This chart shows how your payments are split between principal and interest over the life of your loan.
Early payments are mostly interest, while later payments are mostly principal.
Amortization Schedule
Showing payments 1 to 12 of 360
| Payment # | Payment | Principal | Interest | Remaining Balance | Total Interest | Total Principal |
|---|---|---|---|---|---|---|
| 1 | $1,478 | $228 | $1,250 | $239,772 | $1,250 | $228 |
| 2 | $1,478 | $229 | $1,249 | $239,543 | $2,499 | $457 |
| 3 | $1,478 | $230 | $1,248 | $239,313 | $3,746 | $687 |
| 4 | $1,478 | $231 | $1,246 | $239,082 | $4,993 | $918 |
| 5 | $1,478 | $233 | $1,245 | $238,849 | $6,238 | $1,151 |
| 6 | $1,478 | $234 | $1,244 | $238,616 | $7,482 | $1,384 |
| 7 | $1,478 | $235 | $1,243 | $238,381 | $8,725 | $1,619 |
| 8 | $1,478 | $236 | $1,242 | $238,145 | $9,966 | $1,855 |
| 9 | $1,478 | $237 | $1,240 | $237,907 | $11,207 | $2,093 |
| 10 | $1,478 | $239 | $1,239 | $237,669 | $12,446 | $2,331 |
| 11 | $1,478 | $240 | $1,238 | $237,429 | $13,684 | $2,571 |
| 12 | $1,478 | $241 | $1,237 | $237,188 | $14,920 | $2,812 |
Ready to Get Started?
Compare rates and find the best mortgage options for your situation
Compare Mortgage Rates
Get personalized mortgage quotes from top lenders
- No obligation quotes
- Competitive rates
- Fast approval
Check Your Credit Score
Free credit score check - no impact on your score
- Free credit monitoring
- Weekly updates
- Credit insights
Find the Best Mortgage Lender
Compare rates from 100+ lenders nationwide
- Multiple quotes
- Expert guidance
- Best rates guaranteed
Disclaimer: We may receive compensation from our affiliate partners when you click on links and apply for services. This helps us keep our mortgage calculator free. We only recommend services we believe provide value to our users.
Mortgage Tips
- • Aim for 20% down payment to avoid PMI
- • Compare rates from multiple lenders
- • Consider shorter loan terms for lower interest
Next Steps
- • Get pre-approved for a mortgage
- • Check your credit score
- • Gather required documentation
Why a Florida mortgage calculator?
- Uses a state-specific property tax rate to prefill annual taxes.
- Includes a typical annual homeowners insurance estimate for Florida.
- Instantly breaks down principal, interest, taxes, insurance, and total monthly payment.
- Toggle advanced inputs (PMI, HOA) and adjust any values for your exact scenario.