Use this handy mortgage calculator to understand the estimated cost of your mortgage:

	Purchase price: $ Down payment: % Mortgage term: years Interest rate: % Property tax: $per year Property insurance: $per year PMI: % First payment date: JanFebMarAprMayJunJulAugSepOctNovDec 2004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031203220332034 Amortization: show by year show by month Loan amount: $ Loan term: years Interest rate: % First payment date: JanFebMarAprMayJunJulAugSepOctNovDec 2004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031203220332034 Amortization: show by year show by month

Remember that mortgage costs alone do not make up the total cost of home ownership.