Mortgage Calculator for Florida
Pre-filled with Florida's average home price of $405000, property tax rate of 0.8%, and average insurance of $2800/year. Adjust any value below.
1 Loan Details
2 Monthly Costs (Florida averages pre-filled)
Include PMI
Required when down payment < 20%
Estimated Monthly Payment
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Enter your loan details to see your payment
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Total Interest Paid
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Over loan lifetime
Total Cost
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Principal + interest
Loan Amount
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Amount financed
Down Payment
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Of home price
Monthly Payment Breakdown
Balance Over Time
Rate Comparison
How your payment changes with different interest rates
| Rate Scenario | Monthly P&I | Total Interest |
|---|---|---|
| Enter loan details above to see rate scenarios | ||
Amortization Schedule
Full month-by-month payment breakdown
| Month | Year | Payment | Principal | Interest | Balance |
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Florida Housing Market
Florida has no state income tax and relatively moderate property taxes, but homeowners insurance costs have surged due to hurricane risk — now among the highest in the nation at $2,500–$4,000/year in many areas.
Affordability in Florida
South Florida (Miami, Fort Lauderdale) commands premium prices with condos often exceeding $500,000. Central Florida and the Panhandle offer more affordable options, with median prices 20–40% below South Florida.
Key Markets
Mortgage Calculator by State
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