Buyer tools
Mortgage payment calculator
Estimate a monthly payment on a home in Las Cruces or anywhere in Doña Ana County. Change every number to match your situation.
Example numbers. The starting values below are placeholders so you can see how it works. They are not a rate quote or an offer. Replace them with your own figures.
Estimated monthly payment
$0
| Principal & interest | |
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| Property tax | |
| Homeowners insurance | |
| HOA | |
| Mortgage insurance (PMI/MIP/fee) | |
| Total interest over the loan | |
| Total of principal & interest payments |
About the loan types. Loan-type buttons fill in general program down payment and fee rules only; they do not include any interest rate. They are not an offer of credit from Scoggin Blue, LLC or any lender. Actual rates, fees, mortgage insurance, and eligibility vary by borrower, lender, and program. Not affiliated with or endorsed by HUD/FHA, VA, or USDA. Consult a licensed mortgage lender.
Estimate for illustration only. This calculator is not a loan offer, a commitment to lend, a rate quote, or financial advice. Starting numbers are examples only, not rates or terms available from Scoggin Blue, LLC or any lender. Actual rates, payments, taxes, insurance, and PMI depend on your credit, the lender, the loan program, and the property. Scoggin Blue, LLC is a real estate brokerage, not a lender. Consult a licensed mortgage lender for actual terms.
Want to talk through your budget?
Steele can walk you through the buying process and share names of several local lenders. You are free to choose any lender.
Your deal breakdown
Estimate for illustration only, based on the numbers you entered. Not a loan offer or Loan Estimate.
Year-by-year amortization
| Year | Principal paid | Interest paid | Balance |
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Mortgage calculator FAQ
Are the starting numbers a rate or loan offer?
No. The starting numbers are neutral examples so the calculator shows a result. They are not a quote, an advertised rate, or terms available from anyone. Enter the figures a licensed lender gives you.
What is included in the monthly payment?
Principal and interest on the loan, plus monthly estimates for property tax, homeowners insurance, HOA dues, and private mortgage insurance (PMI) if you enter them.
When does PMI apply?
On many conventional loans, lenders require PMI when the down payment is under 20% of the price. Cost and rules vary by lender and loan type. This calculator applies the PMI rate you enter only when the down payment is under 20%.
How do I find out what I actually qualify for?
Talk with a licensed mortgage lender. Steele can share names of several local lenders; you are free to choose any lender.
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