The complete mortgage calculator
Before you fall in love with a home, look beyond the mortgage payment. HearthFacts helps you estimate taxes, insurance, flood coverage, repairs, utilities and commuting costs, alongside estimated expenses for children based on your state's averages. See what still needs checking and explore how a home could fit your budget and your life.
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Estimates, not quotes. This is based on public averages and the information you enter. We have not inspected the home or checked your eligibility. This is not a Loan Estimate, an appraisal or advice.
Your results · Page 1 of 3
On — a month, all in
is a price consistent with the monthly ownership budget you entered
Your estimated monthly picture
a month in all
This is separate from your monthly estimate. These costs generally arise at different points before closing.
Your lender's Loan Estimate provides its estimates. The final loan terms and closing costs are shown on the Closing Disclosure, which must generally be provided at least three business days before closing.
An amount you entered is included in your estimate. A possible saving stays out until the agency, lender or assessor confirms it.
Here is the estimated monthly cost of the home before commuting and child-related expenses. We used the property information you entered and public averages where an amount was not known. Tap any figure to replace it with a current bill, quote or known fee.
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Each label identifies where a figure came from—not whether it is correct. Ranges are planning judgments, not statistical intervals. A figure you enter remains unverified. .
Your results · Page 2 of 3
These are the figures most likely to move your result. HearthFacts has not verified them for this address. Start with the items marked Check first.
Changes in your circumstances. A job change, a child, illness, relocation or refinancing could move your household costs more than any individual estimate shown here.
Programs and changes that may be worth asking about. Nothing here is decided or included in your estimate, and almost none are automatic.
Your results · Page 3 of 3
Use this estimate as a checklist for what to verify before you commit. Several steps are free; inspections, appraisals, records and professional services may carry fees.
Saved on this device only. Nobody buys the first home they look at.
HearthFacts estimates the recurring and upfront costs it models using the information you enter and published reference data. It explains where each figure came from, shows which amounts are uncertain and identifies information worth verifying.
It does not independently verify property records, determine eligibility for a benefit, issue an insurance quote or Loan Estimate, inspect or appraise the property, or provide a lender's flood determination. Those answers require property-specific records or confirmation from the appropriate professional.
A calculator alone cannot confirm these figures. A property-specific review can document available records while clearly identifying anything that still requires a lender, insurer, assessor or inspector.
If this ever looks anything up for you, such as checking a flood map by address, the page will say so first, name what is being sent and who receives it, and wait for you to agree. Today it looks nothing up: every figure comes from tables built into the page.
The report may include:
Before you send anything.
Your submission will be reviewed only to respond to your request and, if purchased, prepare the Property Cost Check. If you do not purchase a check, we delete the submission within 12 months. If you purchase one, we delete personal details within 90 days after delivery and keep transaction records for 7 years for accounting and legal obligations. See the Privacy Policy or request earlier deletion at support@hearthfacts.com.
Opens your email with the details already written in, including a link back to this exact run. Nothing is sent until you press send, and nothing is charged for asking.
HearthFacts has not independently measured or verified anything at this address. Some figures come from information you entered; others come from published references and planning assumptions.
Only the references that affected this result. A figure you entered replaces its reference and is not listed.
Where a line says it could plausibly fall between two figures, that span is our planning judgment about how far local variation usually moves that cost. It is not a statistical confidence interval, it is not derived from a distribution of real quotes, and a genuine outlier can sit outside it. Treat it as a warning about which lines are soft, not as a probability.
We apply your state's average effective tax rate to the price, unless you enter the yearly bill on the Home step. Your city, town or county sets the real rate, and the current bill may include exemptions that belong to the seller. Possible veteran relief is shown separately and stays out of your estimate until your assessor confirms an amount; we show an amount only for states whose statute we have on record. It is never automatic: you apply to the local assessor, not the VA.
Until you enter a quote, HearthFacts uses a rough planning placeholder: a state average premium at $300,000 of dwelling coverage, scaled to a dwelling coverage of 80% of the price. Purchase price is not the same as rebuilding cost, which can be lower or even higher than the price, so the premium estimate may move substantially. Only an insurer or licensed agent can quote.
Most homeowners policies do not cover flood. Flood insurance is bought separately, and it is generally required for covered buildings in Special Flood Hazard Areas (zones beginning with A or V) when the mortgage is federally regulated, insured or backed. We include it only there, at the state average, or when you enter a quote; with the zone not known, zone D, no FEMA map or a lower-risk zone, nothing is added and the line says so. In Florida, Citizens requires flood coverage on homes it insures for wind at $400,000 of dwelling coverage and above, with exceptions; we flag it rather than charge for it. Some policies carry a separate wind or hurricane deductible, stated as a fixed amount or a percentage of dwelling coverage; the policy itself sets it. Earthquake is excluded from standard policies.
For many conventional mortgages, the borrower may request cancellation when the scheduled balance reaches 80% of the home's original value, subject to applicable conditions. Automatic termination generally occurs when the scheduled balance reaches 78% of original value and the borrower is current. FHA charges an annual premium that can last the whole loan, plus an upfront premium added to the balance. VA loans have no monthly mortgage insurance; the VA funding fee stays in the estimate unless your VA documents or lender confirm you are exempt.
Electricity, heating and water and sewer start from state averages. Electricity and heating scale with floor area, though doubling the size does not double the bill. Water and sewer scale with how many people live there, electricity a little. A well pump adds a little electricity; no septic pump is assumed. Trash and internet are household charges. Your habits matter more than the building.
0.9% of the estimated building value a year (80% of the price, leaving out the land), plus 0.015 percentage points for each year of the home's age, up to 1.6%. The commonly cited 1% of the purchase price is shown beside it. This is money set aside, not a bill. Some years it is nothing, some years it is a roof.
Driving is costed at 24 cents a mile, AAA's 2025 operating cost for fuel, maintenance, repair and tires. Depreciation, insurance and car payments are left out, because they are mostly paid whether or not you commute. A carpool counts half, we count 50 commuting weeks a year, and tolls, parking and fares are added as you enter them. Time is shown in hours, and only from the travel times you enter.
A planning estimate: the U.S. Department of Agriculture's spending per child for middle-income two-parent families (2015, the latest edition), with housing left out, raised to August 2026 prices with the Consumer Price Index and adjusted for your state's prices with the Bureau of Economic Analysis's 2024 Regional Price Parities. USDA finds an only child costs about 27% more each and three or more about 24% less each, and we apply that. It is not a measured state average and not a childcare quote.