Home Finances Calculator

Assumptions

Loan & cost inputs

%
yrs
% / yr
% / yr
% / yr
$
$ / mo
$
$
$
Take-Home=$2,200 / mo
Tiers

Home price scenarios

$
PriceDown %Down $
$
%
$
$
%
$
$
%
$
Results

Monthly breakdown by home price

Line Item$200,000$250,000$300,000
P&I$1,220$1,525$1,830
Property Tax$183$229$275
Insurance$83$104$125
FHA MIP$88$111$133
PITI$1,575$1,969$2,363
Utilities$400$400$400
Home Monthly$1,975$2,369$2,763
Delta vs Rent+$1,075+$1,469+$1,863
% of Income21.5%25.7%30.0%
Net from $2,200$1,125$731$337
Down Payment Saved ByApr 10, 2027May 5, 2027May 29, 2027

Loan amount equals purchase price minus down payment. FHA MIP does not auto-cancel — refinance required to remove once ≥20% equity is reached. Save-by date assumes the full monthly take-home is saved toward down payment + closing costs, starting from current savings. Inputs are persisted to the connected Google Sheet.