02The calculator
Slide the numbers around. Everything updates live — principal and interest, taxes, insurance, mortgage insurance, HOA. Nothing you enter here is stored or sent anywhere.
Defaults are sample figures for a typical Pikes Peak–area purchase. Colorado property tax rates are low on paper, but metro-district mill levies in newer neighborhoods and hail-zone insurance quotes vary widely — Scott will pull the real numbers for any address.
Estimated monthly payment
Sample estimate · not a quote
- Principal & interest
- Property taxes
- Homeowners insurance
- Mortgage insurance (PMI)
- HOA dues
Under 20% down, so a sample mortgage insurance estimate (0.5%/yr) is included. It drops off a conventional loan at 20% equity. VA loans have no monthly mortgage insurance — tick the VA box to remove it.
- Loan amount
- Down payment cash
- Interest over the life of the loan
What the calculator can't know
Closing costs, assistance, and the real cash to close.
A payment is half the picture. Closing costs, prepaid taxes and insurance, seller credits, and CHFA or local down payment assistance all change what you actually bring to the table. That number is a five-minute text.
Calculator results are estimates for illustrative and educational purposes only, are not a quote, rate lock, pre-qualification or pre-approval, and accuracy is not guaranteed. Actual rates, payments, taxes, insurance and mortgage insurance vary by scenario. Contact Scott for figures specific to your situation.
Scott · Loan OfficerNumbers for a real house
Address and price is all he needs. You'll get the full monthly payment and cash to close back fast — usually within ten minutes on offer day.
Applications happen on Fairway's secure site — never here.