Pocatello Mortgage Calculator

Fill in the fields below to compute an approximate monthly mortgage payment. For additional information, click the '?' button next to each entry.

Calculator Mode

Simple mode computes just the mortgage portion of your monthly payment.

Expanded mode estimates additional expenses and credits toward your monthly payment (ie. property tax, homeowners exemption, and insurance).

Calculator Mode:

Interest Rate

The percentage of interest computed on the outstanding balance of your loan each month. Interest is the price you pay for borrowing money.

We have used a rate of 5%, but your lender will determine your actual rate according to your type of loan and financial circumstances.

Interest Rate:  %

Mortgage Term

The life of your loan in years.

We have used a typical mortgage term of 30 years. Your lender will help you determine the term that is appropriate for your situation.

Mortgage Term:  years

Selling Price

The final selling price of the property, as negotiated between you and the seller.
Selling Price: $ 

Down Payment

The amount of money you pay up front toward the purchase of your property. This figures determines your actual loan amount, which is the selling price minus the down payment.
Down Payment: $ 

SHORTCUT:  Estimate my taxes and insurance

Annual Property Tax

The amount you pay in property taxes each year, as determined by the county assessor.
Annual Property Tax: $ 

Homeowners Exemption

A tax break offered to homeowners on their primary residences.
Homeowners Exemption: $ 

Annual Homeowners Insurance

The amount you pay in homeowners insurance each year. Homeowners insurance insures your property against certain natural and manmade disasters.
Annual Homeowners Insurance: $ 

Annual Private Mortgage Insurance (PMI)

The amount you pay in private mortgage insurance (PMI). PMI protects the lender against a loss on a defaulted loan. It is generally required on loans with less than a 20% down payment.

The actual cost of your PMI may vary from our estimate depending on your lending institutions rates.

Private Mortgage Insurance: $ 


Monthly Mortgage Payment: $ 
Monthly Tax Payment: $ 
Monthly Insurance Payment: $ 
Monthly PMI Payment: $ 
+  


Total Monthly Payment: $ 


DISCLAIMER:  This mortgage calculator is provided as a rough guide to your financing, but the figures produced DO NOT constitute a guarantee. Please contact a lender to determine your exact financing figures and options.

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