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North Carolina Mortgage Calculator

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North Carolina Mortgage Calculator with taxes and insurance, PMI, and extra payments to calculate your monthly mortgage payments with amortization schedule.

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NC Mortgage Calculator

Home Value
$
Down Payment
Mortgage Amount
$
Loan Terms
Interest Rate
PMI (Yearly)
Property Tax (Yearly)
Home Insurance (Yearly)
HOA Fees (Monthly)
Payment Frequency
First Payment Date

Amortization Schedule
Extra Payments
One Time
$ On Date
Monthly or Biweekly
$ Starting Date
Quarterly
$ Starting Date
Yearly
$ Starting Date

North Carolina Mortgage Calculator Results

Home Value: $300,000.00
Mortgage Amount: $255,000.00
Monthly Principal & Interest: $1,568.42
Monthly Extra Payment: $0.00
Monthly Property Tax: $250.00
Monthly Home Insurance: $125.00
Monthly PMI: (Until May, 2029) $106.25
Monthly HOA Fees: $0.00
Total Monthly Payment:
$2,049.67
Total # Of Payments: 360
Start Date: Dec, 2024
Payoff Date: Nov, 2054
Down Payment: $45,000.00
Principal: $255,000.00
Total Extra Payment: $0.00
Total Interest Paid: $309,631.47
Total Tax, Insurance, PMI and Fees: $140,737.50
Total of all Payments:
$750,368.97

North Carolina Mortgage Amortization Schedule

Date Payment # Interest Principal Tax, Insurance, PMI & Fees Total Payment Balance
Dec, 2024 1 $1,326.00 $242.42 $481.25 $2,049.67 $254,757.58
Jan, 2025 2 $1,324.74 $243.68 $481.25 $2,049.67 $254,513.90
Feb, 2025 3 $1,323.47 $244.95 $481.25 $2,049.67 $254,268.95
Mar, 2025 4 $1,322.20 $246.22 $481.25 $2,049.67 $254,022.73
Apr, 2025 5 $1,320.92 $247.50 $481.25 $2,049.67 $253,775.22
May, 2025 6 $1,319.63 $248.79 $481.25 $2,049.67 $253,526.43
Jun, 2025 7 $1,318.34 $250.08 $481.25 $2,049.67 $253,276.35
Jul, 2025 8 $1,317.04 $251.38 $481.25 $2,049.67 $253,024.97
Aug, 2025 9 $1,315.73 $252.69 $481.25 $2,049.67 $252,772.28
Sep, 2025 10 $1,314.42 $254.00 $481.25 $2,049.67 $252,518.27
Oct, 2025 11 $1,313.10 $255.33 $481.25 $2,049.67 $252,262.95
Nov, 2025 12 $1,311.77 $256.65 $481.25 $2,049.67 $252,006.29
Dec, 2025 13 $1,310.43 $257.99 $481.25 $2,049.67 $251,748.30
Jan, 2026 14 $1,309.09 $259.33 $481.25 $2,049.67 $251,488.98
Feb, 2026 15 $1,307.74 $260.68 $481.25 $2,049.67 $251,228.30
Mar, 2026 16 $1,306.39 $262.03 $481.25 $2,049.67 $250,966.26
Apr, 2026 17 $1,305.02 $263.40 $481.25 $2,049.67 $250,702.87
May, 2026 18 $1,303.65 $264.77 $481.25 $2,049.67 $250,438.10
Jun, 2026 19 $1,302.28 $266.14 $481.25 $2,049.67 $250,171.96
Jul, 2026 20 $1,300.89 $267.53 $481.25 $2,049.67 $249,904.43
Aug, 2026 21 $1,299.50 $268.92 $481.25 $2,049.67 $249,635.51
Sep, 2026 22 $1,298.10 $270.32 $481.25 $2,049.67 $249,365.20
Oct, 2026 23 $1,296.70 $271.72 $481.25 $2,049.67 $249,093.48
Nov, 2026 24 $1,295.29 $273.13 $481.25 $2,049.67 $248,820.34
Dec, 2026 25 $1,293.87 $274.55 $481.25 $2,049.67 $248,545.79
Jan, 2027 26 $1,292.44 $275.98 $481.25 $2,049.67 $248,269.80
Feb, 2027 27 $1,291.00 $277.42 $481.25 $2,049.67 $247,992.39
Mar, 2027 28 $1,289.56 $278.86 $481.25 $2,049.67 $247,713.53
Apr, 2027 29 $1,288.11 $280.31 $481.25 $2,049.67 $247,433.22
May, 2027 30 $1,286.65 $281.77 $481.25 $2,049.67 $247,151.45
Jun, 2027 31 $1,285.19 $283.23 $481.25 $2,049.67 $246,868.21
Jul, 2027 32 $1,283.71 $284.71 $481.25 $2,049.67 $246,583.51
Aug, 2027 33 $1,282.23 $286.19 $481.25 $2,049.67 $246,297.32
Sep, 2027 34 $1,280.75 $287.67 $481.25 $2,049.67 $246,009.65
Oct, 2027 35 $1,279.25 $289.17 $481.25 $2,049.67 $245,720.48
Nov, 2027 36 $1,277.75 $290.67 $481.25 $2,049.67 $245,429.80
Dec, 2027 37 $1,276.23 $292.19 $481.25 $2,049.67 $245,137.62
Jan, 2028 38 $1,274.72 $293.71 $481.25 $2,049.67 $244,843.91
Feb, 2028 39 $1,273.19 $295.23 $481.25 $2,049.67 $244,548.68
Mar, 2028 40 $1,271.65 $296.77 $481.25 $2,049.67 $244,251.91
Apr, 2028 41 $1,270.11 $298.31 $481.25 $2,049.67 $243,953.60
May, 2028 42 $1,268.56 $299.86 $481.25 $2,049.67 $243,653.74
Jun, 2028 43 $1,267.00 $301.42 $481.25 $2,049.67 $243,352.32
Jul, 2028 44 $1,265.43 $302.99 $481.25 $2,049.67 $243,049.33
Aug, 2028 45 $1,263.86 $304.56 $481.25 $2,049.67 $242,744.76
Sep, 2028 46 $1,262.27 $306.15 $481.25 $2,049.67 $242,438.62
Oct, 2028 47 $1,260.68 $307.74 $481.25 $2,049.67 $242,130.88
Nov, 2028 48 $1,259.08 $309.34 $481.25 $2,049.67 $241,821.54
Dec, 2028 49 $1,257.47 $310.95 $481.25 $2,049.67 $241,510.59
Jan, 2029 50 $1,255.86 $312.57 $481.25 $2,049.67 $241,198.02
Feb, 2029 51 $1,254.23 $314.19 $481.25 $2,049.67 $240,883.83
Mar, 2029 52 $1,252.60 $315.82 $481.25 $2,049.67 $240,568.01
Apr, 2029 53 $1,250.95 $317.47 $481.25 $2,049.67 $240,250.54
May, 2029 54 $1,249.30 $319.12 $481.25 $2,049.67 $239,931.42
Jun, 2029 55 $1,247.64 $320.78 $375.00 $1,943.42 $239,610.64
Jul, 2029 56 $1,245.98 $322.45 $375.00 $1,943.42 $239,288.20
Aug, 2029 57 $1,244.30 $324.12 $375.00 $1,943.42 $238,964.08
Sep, 2029 58 $1,242.61 $325.81 $375.00 $1,943.42 $238,638.27
Oct, 2029 59 $1,240.92 $327.50 $375.00 $1,943.42 $238,310.77
Nov, 2029 60 $1,239.22 $329.20 $375.00 $1,943.42 $237,981.56
Dec, 2029 61 $1,237.50 $330.92 $375.00 $1,943.42 $237,650.65
Jan, 2030 62 $1,235.78 $332.64 $375.00 $1,943.42 $237,318.01
Feb, 2030 63 $1,234.05 $334.37 $375.00 $1,943.42 $236,983.64
Mar, 2030 64 $1,232.31 $336.11 $375.00 $1,943.42 $236,647.53
Apr, 2030 65 $1,230.57 $337.85 $375.00 $1,943.42 $236,309.68
May, 2030 66 $1,228.81 $339.61 $375.00 $1,943.42 $235,970.07
Jun, 2030 67 $1,227.04 $341.38 $375.00 $1,943.42 $235,628.69
Jul, 2030 68 $1,225.27 $343.15 $375.00 $1,943.42 $235,285.54
Aug, 2030 69 $1,223.48 $344.94 $375.00 $1,943.42 $234,940.61
Sep, 2030 70 $1,221.69 $346.73 $375.00 $1,943.42 $234,593.88
Oct, 2030 71 $1,219.89 $348.53 $375.00 $1,943.42 $234,245.34
Nov, 2030 72 $1,218.08 $350.34 $375.00 $1,943.42 $233,895.00
Dec, 2030 73 $1,216.25 $352.17 $375.00 $1,943.42 $233,542.83
Jan, 2031 74 $1,214.42 $354.00 $375.00 $1,943.42 $233,188.83
Feb, 2031 75 $1,212.58 $355.84 $375.00 $1,943.42 $232,833.00
Mar, 2031 76 $1,210.73 $357.69 $375.00 $1,943.42 $232,475.31
Apr, 2031 77 $1,208.87 $359.55 $375.00 $1,943.42 $232,115.76
May, 2031 78 $1,207.00 $361.42 $375.00 $1,943.42 $231,754.34
Jun, 2031 79 $1,205.12 $363.30 $375.00 $1,943.42 $231,391.04
Jul, 2031 80 $1,203.23 $365.19 $375.00 $1,943.42 $231,025.85
Aug, 2031 81 $1,201.33 $367.09 $375.00 $1,943.42 $230,658.77
Sep, 2031 82 $1,199.43 $369.00 $375.00 $1,943.42 $230,289.77
Oct, 2031 83 $1,197.51 $370.91 $375.00 $1,943.42 $229,918.86
Nov, 2031 84 $1,195.58 $372.84 $375.00 $1,943.42 $229,546.02
Dec, 2031 85 $1,193.64 $374.78 $375.00 $1,943.42 $229,171.23
Jan, 2032 86 $1,191.69 $376.73 $375.00 $1,943.42 $228,794.50
Feb, 2032 87 $1,189.73 $378.69 $375.00 $1,943.42 $228,415.81
Mar, 2032 88 $1,187.76 $380.66 $375.00 $1,943.42 $228,035.16
Apr, 2032 89 $1,185.78 $382.64 $375.00 $1,943.42 $227,652.52
May, 2032 90 $1,183.79 $384.63 $375.00 $1,943.42 $227,267.89
Jun, 2032 91 $1,181.79 $386.63 $375.00 $1,943.42 $226,881.26
Jul, 2032 92 $1,179.78 $388.64 $375.00 $1,943.42 $226,492.62
Aug, 2032 93 $1,177.76 $390.66 $375.00 $1,943.42 $226,101.96
Sep, 2032 94 $1,175.73 $392.69 $375.00 $1,943.42 $225,709.27
Oct, 2032 95 $1,173.69 $394.73 $375.00 $1,943.42 $225,314.54
Nov, 2032 96 $1,171.64 $396.79 $375.00 $1,943.42 $224,917.76
Dec, 2032 97 $1,169.57 $398.85 $375.00 $1,943.42 $224,518.91
Jan, 2033 98 $1,167.50 $400.92 $375.00 $1,943.42 $224,117.99
Feb, 2033 99 $1,165.41 $403.01 $375.00 $1,943.42 $223,714.98
Mar, 2033 100 $1,163.32 $405.10 $375.00 $1,943.42 $223,309.88
Apr, 2033 101 $1,161.21 $407.21 $375.00 $1,943.42 $222,902.67
May, 2033 102 $1,159.09 $409.33 $375.00 $1,943.42 $222,493.34
Jun, 2033 103 $1,156.97 $411.46 $375.00 $1,943.42 $222,081.88
Jul, 2033 104 $1,154.83 $413.59 $375.00 $1,943.42 $221,668.29
Aug, 2033 105 $1,152.68 $415.75 $375.00 $1,943.42 $221,252.54
Sep, 2033 106 $1,150.51 $417.91 $375.00 $1,943.42 $220,834.64
Oct, 2033 107 $1,148.34 $420.08 $375.00 $1,943.42 $220,414.56
Nov, 2033 108 $1,146.16 $422.27 $375.00 $1,943.42 $219,992.29
Dec, 2033 109 $1,143.96 $424.46 $375.00 $1,943.42 $219,567.83
Jan, 2034 110 $1,141.75 $426.67 $375.00 $1,943.42 $219,141.16
Feb, 2034 111 $1,139.53 $428.89 $375.00 $1,943.42 $218,712.27
Mar, 2034 112 $1,137.30 $431.12 $375.00 $1,943.42 $218,281.16
Apr, 2034 113 $1,135.06 $433.36 $375.00 $1,943.42 $217,847.80
May, 2034 114 $1,132.81 $435.61 $375.00 $1,943.42 $217,412.19
Jun, 2034 115 $1,130.54 $437.88 $375.00 $1,943.42 $216,974.31
Jul, 2034 116 $1,128.27 $440.15 $375.00 $1,943.42 $216,534.15
Aug, 2034 117 $1,125.98 $442.44 $375.00 $1,943.42 $216,091.71
Sep, 2034 118 $1,123.68 $444.74 $375.00 $1,943.42 $215,646.97
Oct, 2034 119 $1,121.36 $447.06 $375.00 $1,943.42 $215,199.91
Nov, 2034 120 $1,119.04 $449.38 $375.00 $1,943.42 $214,750.53
Dec, 2034 121 $1,116.70 $451.72 $375.00 $1,943.42 $214,298.81
Jan, 2035 122 $1,114.35 $454.07 $375.00 $1,943.42 $213,844.75
Feb, 2035 123 $1,111.99 $456.43 $375.00 $1,943.42 $213,388.32
Mar, 2035 124 $1,109.62 $458.80 $375.00 $1,943.42 $212,929.52
Apr, 2035 125 $1,107.23 $461.19 $375.00 $1,943.42 $212,468.33
May, 2035 126 $1,104.84 $463.59 $375.00 $1,943.42 $212,004.74
Jun, 2035 127 $1,102.42 $466.00 $375.00 $1,943.42 $211,538.75
Jul, 2035 128 $1,100.00 $468.42 $375.00 $1,943.42 $211,070.33
Aug, 2035 129 $1,097.57 $470.86 $375.00 $1,943.42 $210,599.47
Sep, 2035 130 $1,095.12 $473.30 $375.00 $1,943.42 $210,126.17
Oct, 2035 131 $1,092.66 $475.76 $375.00 $1,943.42 $209,650.40
Nov, 2035 132 $1,090.18 $478.24 $375.00 $1,943.42 $209,172.17
Dec, 2035 133 $1,087.70 $480.73 $375.00 $1,943.42 $208,691.44
Jan, 2036 134 $1,085.20 $483.23 $375.00 $1,943.42 $208,208.21
Feb, 2036 135 $1,082.68 $485.74 $375.00 $1,943.42 $207,722.48
Mar, 2036 136 $1,080.16 $488.26 $375.00 $1,943.42 $207,234.21
Apr, 2036 137 $1,077.62 $490.80 $375.00 $1,943.42 $206,743.41
May, 2036 138 $1,075.07 $493.36 $375.00 $1,943.42 $206,250.05
Jun, 2036 139 $1,072.50 $495.92 $375.00 $1,943.42 $205,754.13
Jul, 2036 140 $1,069.92 $498.50 $375.00 $1,943.42 $205,255.64
Aug, 2036 141 $1,067.33 $501.09 $375.00 $1,943.42 $204,754.54
Sep, 2036 142 $1,064.72 $503.70 $375.00 $1,943.42 $204,250.85
Oct, 2036 143 $1,062.10 $506.32 $375.00 $1,943.42 $203,744.53
Nov, 2036 144 $1,059.47 $508.95 $375.00 $1,943.42 $203,235.58
Dec, 2036 145 $1,056.83 $511.60 $375.00 $1,943.42 $202,723.99
Jan, 2037 146 $1,054.16 $514.26 $375.00 $1,943.42 $202,209.73
Feb, 2037 147 $1,051.49 $516.93 $375.00 $1,943.42 $201,692.80
Mar, 2037 148 $1,048.80 $519.62 $375.00 $1,943.42 $201,173.18
Apr, 2037 149 $1,046.10 $522.32 $375.00 $1,943.42 $200,650.86
May, 2037 150 $1,043.38 $525.04 $375.00 $1,943.42 $200,125.82
Jun, 2037 151 $1,040.65 $527.77 $375.00 $1,943.42 $199,598.06
Jul, 2037 152 $1,037.91 $530.51 $375.00 $1,943.42 $199,067.55
Aug, 2037 153 $1,035.15 $533.27 $375.00 $1,943.42 $198,534.28
Sep, 2037 154 $1,032.38 $536.04 $375.00 $1,943.42 $197,998.23
Oct, 2037 155 $1,029.59 $538.83 $375.00 $1,943.42 $197,459.41
Nov, 2037 156 $1,026.79 $541.63 $375.00 $1,943.42 $196,917.77
Dec, 2037 157 $1,023.97 $544.45 $375.00 $1,943.42 $196,373.32
Jan, 2038 158 $1,021.14 $547.28 $375.00 $1,943.42 $195,826.05
Feb, 2038 159 $1,018.30 $550.13 $375.00 $1,943.42 $195,275.92
Mar, 2038 160 $1,015.43 $552.99 $375.00 $1,943.42 $194,722.93
Apr, 2038 161 $1,012.56 $555.86 $375.00 $1,943.42 $194,167.07
May, 2038 162 $1,009.67 $558.75 $375.00 $1,943.42 $193,608.32
Jun, 2038 163 $1,006.76 $561.66 $375.00 $1,943.42 $193,046.66
Jul, 2038 164 $1,003.84 $564.58 $375.00 $1,943.42 $192,482.08
Aug, 2038 165 $1,000.91 $567.51 $375.00 $1,943.42 $191,914.57
Sep, 2038 166 $997.96 $570.46 $375.00 $1,943.42 $191,344.11
Oct, 2038 167 $994.99 $573.43 $375.00 $1,943.42 $190,770.67
Nov, 2038 168 $992.01 $576.41 $375.00 $1,943.42 $190,194.26
Dec, 2038 169 $989.01 $579.41 $375.00 $1,943.42 $189,614.85
Jan, 2039 170 $986.00 $582.42 $375.00 $1,943.42 $189,032.43
Feb, 2039 171 $982.97 $585.45 $375.00 $1,943.42 $188,446.98
Mar, 2039 172 $979.92 $588.50 $375.00 $1,943.42 $187,858.48
Apr, 2039 173 $976.86 $591.56 $375.00 $1,943.42 $187,266.92
May, 2039 174 $973.79 $594.63 $375.00 $1,943.42 $186,672.29
Jun, 2039 175 $970.70 $597.72 $375.00 $1,943.42 $186,074.56
Jul, 2039 176 $967.59 $600.83 $375.00 $1,943.42 $185,473.73
Aug, 2039 177 $964.46 $603.96 $375.00 $1,943.42 $184,869.77
Sep, 2039 178 $961.32 $607.10 $375.00 $1,943.42 $184,262.68
Oct, 2039 179 $958.17 $610.25 $375.00 $1,943.42 $183,652.42
Nov, 2039 180 $954.99 $613.43 $375.00 $1,943.42 $183,038.99
Dec, 2039 181 $951.80 $616.62 $375.00 $1,943.42 $182,422.37
Jan, 2040 182 $948.60 $619.82 $375.00 $1,943.42 $181,802.55
Feb, 2040 183 $945.37 $623.05 $375.00 $1,943.42 $181,179.50
Mar, 2040 184 $942.13 $626.29 $375.00 $1,943.42 $180,553.22
Apr, 2040 185 $938.88 $629.54 $375.00 $1,943.42 $179,923.67
May, 2040 186 $935.60 $632.82 $375.00 $1,943.42 $179,290.85
Jun, 2040 187 $932.31 $636.11 $375.00 $1,943.42 $178,654.75
Jul, 2040 188 $929.00 $639.42 $375.00 $1,943.42 $178,015.33
Aug, 2040 189 $925.68 $642.74 $375.00 $1,943.42 $177,372.59
Sep, 2040 190 $922.34 $646.08 $375.00 $1,943.42 $176,726.51
Oct, 2040 191 $918.98 $649.44 $375.00 $1,943.42 $176,077.06
Nov, 2040 192 $915.60 $652.82 $375.00 $1,943.42 $175,424.24
Dec, 2040 193 $912.21 $656.21 $375.00 $1,943.42 $174,768.03
Jan, 2041 194 $908.79 $659.63 $375.00 $1,943.42 $174,108.40
Feb, 2041 195 $905.36 $663.06 $375.00 $1,943.42 $173,445.34
Mar, 2041 196 $901.92 $666.50 $375.00 $1,943.42 $172,778.84
Apr, 2041 197 $898.45 $669.97 $375.00 $1,943.42 $172,108.87
May, 2041 198 $894.97 $673.45 $375.00 $1,943.42 $171,435.41
Jun, 2041 199 $891.46 $676.96 $375.00 $1,943.42 $170,758.46
Jul, 2041 200 $887.94 $680.48 $375.00 $1,943.42 $170,077.98
Aug, 2041 201 $884.41 $684.02 $375.00 $1,943.42 $169,393.96
Sep, 2041 202 $880.85 $687.57 $375.00 $1,943.42 $168,706.39
Oct, 2041 203 $877.27 $691.15 $375.00 $1,943.42 $168,015.24
Nov, 2041 204 $873.68 $694.74 $375.00 $1,943.42 $167,320.50
Dec, 2041 205 $870.07 $698.35 $375.00 $1,943.42 $166,622.15
Jan, 2042 206 $866.44 $701.99 $375.00 $1,943.42 $165,920.16
Feb, 2042 207 $862.78 $705.64 $375.00 $1,943.42 $165,214.53
Mar, 2042 208 $859.12 $709.31 $375.00 $1,943.42 $164,505.22
Apr, 2042 209 $855.43 $712.99 $375.00 $1,943.42 $163,792.23
May, 2042 210 $851.72 $716.70 $375.00 $1,943.42 $163,075.53
Jun, 2042 211 $847.99 $720.43 $375.00 $1,943.42 $162,355.10
Jul, 2042 212 $844.25 $724.17 $375.00 $1,943.42 $161,630.93
Aug, 2042 213 $840.48 $727.94 $375.00 $1,943.42 $160,902.99
Sep, 2042 214 $836.70 $731.73 $375.00 $1,943.42 $160,171.26
Oct, 2042 215 $832.89 $735.53 $375.00 $1,943.42 $159,435.73
Nov, 2042 216 $829.07 $739.35 $375.00 $1,943.42 $158,696.38
Dec, 2042 217 $825.22 $743.20 $375.00 $1,943.42 $157,953.18
Jan, 2043 218 $821.36 $747.06 $375.00 $1,943.42 $157,206.11
Feb, 2043 219 $817.47 $750.95 $375.00 $1,943.42 $156,455.16
Mar, 2043 220 $813.57 $754.85 $375.00 $1,943.42 $155,700.31
Apr, 2043 221 $809.64 $758.78 $375.00 $1,943.42 $154,941.53
May, 2043 222 $805.70 $762.72 $375.00 $1,943.42 $154,178.80
Jun, 2043 223 $801.73 $766.69 $375.00 $1,943.42 $153,412.11
Jul, 2043 224 $797.74 $770.68 $375.00 $1,943.42 $152,641.44
Aug, 2043 225 $793.74 $774.69 $375.00 $1,943.42 $151,866.75
Sep, 2043 226 $789.71 $778.71 $375.00 $1,943.42 $151,088.04
Oct, 2043 227 $785.66 $782.76 $375.00 $1,943.42 $150,305.27
Nov, 2043 228 $781.59 $786.83 $375.00 $1,943.42 $149,518.44
Dec, 2043 229 $777.50 $790.92 $375.00 $1,943.42 $148,727.52
Jan, 2044 230 $773.38 $795.04 $375.00 $1,943.42 $147,932.48
Feb, 2044 231 $769.25 $799.17 $375.00 $1,943.42 $147,133.31
Mar, 2044 232 $765.09 $803.33 $375.00 $1,943.42 $146,329.98
Apr, 2044 233 $760.92 $807.50 $375.00 $1,943.42 $145,522.47
May, 2044 234 $756.72 $811.70 $375.00 $1,943.42 $144,710.77
Jun, 2044 235 $752.50 $815.92 $375.00 $1,943.42 $143,894.84
Jul, 2044 236 $748.25 $820.17 $375.00 $1,943.42 $143,074.68
Aug, 2044 237 $743.99 $824.43 $375.00 $1,943.42 $142,250.24
Sep, 2044 238 $739.70 $828.72 $375.00 $1,943.42 $141,421.53
Oct, 2044 239 $735.39 $833.03 $375.00 $1,943.42 $140,588.50
Nov, 2044 240 $731.06 $837.36 $375.00 $1,943.42 $139,751.14
Dec, 2044 241 $726.71 $841.71 $375.00 $1,943.42 $138,909.42
Jan, 2045 242 $722.33 $846.09 $375.00 $1,943.42 $138,063.33
Feb, 2045 243 $717.93 $850.49 $375.00 $1,943.42 $137,212.84
Mar, 2045 244 $713.51 $854.91 $375.00 $1,943.42 $136,357.92
Apr, 2045 245 $709.06 $859.36 $375.00 $1,943.42 $135,498.56
May, 2045 246 $704.59 $863.83 $375.00 $1,943.42 $134,634.74
Jun, 2045 247 $700.10 $868.32 $375.00 $1,943.42 $133,766.42
Jul, 2045 248 $695.59 $872.84 $375.00 $1,943.42 $132,893.58
Aug, 2045 249 $691.05 $877.37 $375.00 $1,943.42 $132,016.21
Sep, 2045 250 $686.48 $881.94 $375.00 $1,943.42 $131,134.27
Oct, 2045 251 $681.90 $886.52 $375.00 $1,943.42 $130,247.75
Nov, 2045 252 $677.29 $891.13 $375.00 $1,943.42 $129,356.61
Dec, 2045 253 $672.65 $895.77 $375.00 $1,943.42 $128,460.85
Jan, 2046 254 $668.00 $900.42 $375.00 $1,943.42 $127,560.42
Feb, 2046 255 $663.31 $905.11 $375.00 $1,943.42 $126,655.32
Mar, 2046 256 $658.61 $909.81 $375.00 $1,943.42 $125,745.50
Apr, 2046 257 $653.88 $914.54 $375.00 $1,943.42 $124,830.96
May, 2046 258 $649.12 $919.30 $375.00 $1,943.42 $123,911.66
Jun, 2046 259 $644.34 $924.08 $375.00 $1,943.42 $122,987.58
Jul, 2046 260 $639.54 $928.89 $375.00 $1,943.42 $122,058.69
Aug, 2046 261 $634.71 $933.72 $375.00 $1,943.42 $121,124.98
Sep, 2046 262 $629.85 $938.57 $375.00 $1,943.42 $120,186.41
Oct, 2046 263 $624.97 $943.45 $375.00 $1,943.42 $119,242.96
Nov, 2046 264 $620.06 $948.36 $375.00 $1,943.42 $118,294.60
Dec, 2046 265 $615.13 $953.29 $375.00 $1,943.42 $117,341.31
Jan, 2047 266 $610.17 $958.25 $375.00 $1,943.42 $116,383.06
Feb, 2047 267 $605.19 $963.23 $375.00 $1,943.42 $115,419.84
Mar, 2047 268 $600.18 $968.24 $375.00 $1,943.42 $114,451.60
Apr, 2047 269 $595.15 $973.27 $375.00 $1,943.42 $113,478.33
May, 2047 270 $590.09 $978.33 $375.00 $1,943.42 $112,499.99
Jun, 2047 271 $585.00 $983.42 $375.00 $1,943.42 $111,516.57
Jul, 2047 272 $579.89 $988.53 $375.00 $1,943.42 $110,528.04
Aug, 2047 273 $574.75 $993.67 $375.00 $1,943.42 $109,534.36
Sep, 2047 274 $569.58 $998.84 $375.00 $1,943.42 $108,535.52
Oct, 2047 275 $564.38 $1,004.04 $375.00 $1,943.42 $107,531.48
Nov, 2047 276 $559.16 $1,009.26 $375.00 $1,943.42 $106,522.23
Dec, 2047 277 $553.92 $1,014.51 $375.00 $1,943.42 $105,507.72
Jan, 2048 278 $548.64 $1,019.78 $375.00 $1,943.42 $104,487.94
Feb, 2048 279 $543.34 $1,025.08 $375.00 $1,943.42 $103,462.86
Mar, 2048 280 $538.01 $1,030.41 $375.00 $1,943.42 $102,432.44
Apr, 2048 281 $532.65 $1,035.77 $375.00 $1,943.42 $101,396.67
May, 2048 282 $527.26 $1,041.16 $375.00 $1,943.42 $100,355.51
Jun, 2048 283 $521.85 $1,046.57 $375.00 $1,943.42 $99,308.94
Jul, 2048 284 $516.41 $1,052.01 $375.00 $1,943.42 $98,256.93
Aug, 2048 285 $510.94 $1,057.48 $375.00 $1,943.42 $97,199.44
Sep, 2048 286 $505.44 $1,062.98 $375.00 $1,943.42 $96,136.46
Oct, 2048 287 $499.91 $1,068.51 $375.00 $1,943.42 $95,067.95
Nov, 2048 288 $494.35 $1,074.07 $375.00 $1,943.42 $93,993.88
Dec, 2048 289 $488.77 $1,079.65 $375.00 $1,943.42 $92,914.23
Jan, 2049 290 $483.15 $1,085.27 $375.00 $1,943.42 $91,828.96
Feb, 2049 291 $477.51 $1,090.91 $375.00 $1,943.42 $90,738.05
Mar, 2049 292 $471.84 $1,096.58 $375.00 $1,943.42 $89,641.47
Apr, 2049 293 $466.14 $1,102.29 $375.00 $1,943.42 $88,539.18
May, 2049 294 $460.40 $1,108.02 $375.00 $1,943.42 $87,431.17
Jun, 2049 295 $454.64 $1,113.78 $375.00 $1,943.42 $86,317.39
Jul, 2049 296 $448.85 $1,119.57 $375.00 $1,943.42 $85,197.82
Aug, 2049 297 $443.03 $1,125.39 $375.00 $1,943.42 $84,072.42
Sep, 2049 298 $437.18 $1,131.24 $375.00 $1,943.42 $82,941.18
Oct, 2049 299 $431.29 $1,137.13 $375.00 $1,943.42 $81,804.05
Nov, 2049 300 $425.38 $1,143.04 $375.00 $1,943.42 $80,661.01
Dec, 2049 301 $419.44 $1,148.98 $375.00 $1,943.42 $79,512.03
Jan, 2050 302 $413.46 $1,154.96 $375.00 $1,943.42 $78,357.07
Feb, 2050 303 $407.46 $1,160.96 $375.00 $1,943.42 $77,196.11
Mar, 2050 304 $401.42 $1,167.00 $375.00 $1,943.42 $76,029.11
Apr, 2050 305 $395.35 $1,173.07 $375.00 $1,943.42 $74,856.04
May, 2050 306 $389.25 $1,179.17 $375.00 $1,943.42 $73,676.87
Jun, 2050 307 $383.12 $1,185.30 $375.00 $1,943.42 $72,491.57
Jul, 2050 308 $376.96 $1,191.46 $375.00 $1,943.42 $71,300.10
Aug, 2050 309 $370.76 $1,197.66 $375.00 $1,943.42 $70,102.44
Sep, 2050 310 $364.53 $1,203.89 $375.00 $1,943.42 $68,898.55
Oct, 2050 311 $358.27 $1,210.15 $375.00 $1,943.42 $67,688.41
Nov, 2050 312 $351.98 $1,216.44 $375.00 $1,943.42 $66,471.97
Dec, 2050 313 $345.65 $1,222.77 $375.00 $1,943.42 $65,249.20
Jan, 2051 314 $339.30 $1,229.12 $375.00 $1,943.42 $64,020.07
Feb, 2051 315 $332.90 $1,235.52 $375.00 $1,943.42 $62,784.56
Mar, 2051 316 $326.48 $1,241.94 $375.00 $1,943.42 $61,542.62
Apr, 2051 317 $320.02 $1,248.40 $375.00 $1,943.42 $60,294.22
May, 2051 318 $313.53 $1,254.89 $375.00 $1,943.42 $59,039.33
Jun, 2051 319 $307.00 $1,261.42 $375.00 $1,943.42 $57,777.91
Jul, 2051 320 $300.45 $1,267.98 $375.00 $1,943.42 $56,509.93
Aug, 2051 321 $293.85 $1,274.57 $375.00 $1,943.42 $55,235.37
Sep, 2051 322 $287.22 $1,281.20 $375.00 $1,943.42 $53,954.17
Oct, 2051 323 $280.56 $1,287.86 $375.00 $1,943.42 $52,666.31
Nov, 2051 324 $273.86 $1,294.56 $375.00 $1,943.42 $51,371.75
Dec, 2051 325 $267.13 $1,301.29 $375.00 $1,943.42 $50,070.47
Jan, 2052 326 $260.37 $1,308.05 $375.00 $1,943.42 $48,762.41
Feb, 2052 327 $253.56 $1,314.86 $375.00 $1,943.42 $47,447.56
Mar, 2052 328 $246.73 $1,321.69 $375.00 $1,943.42 $46,125.86
Apr, 2052 329 $239.85 $1,328.57 $375.00 $1,943.42 $44,797.30
May, 2052 330 $232.95 $1,335.47 $375.00 $1,943.42 $43,461.82
Jun, 2052 331 $226.00 $1,342.42 $375.00 $1,943.42 $42,119.40
Jul, 2052 332 $219.02 $1,349.40 $375.00 $1,943.42 $40,770.00
Aug, 2052 333 $212.00 $1,356.42 $375.00 $1,943.42 $39,413.59
Sep, 2052 334 $204.95 $1,363.47 $375.00 $1,943.42 $38,050.11
Oct, 2052 335 $197.86 $1,370.56 $375.00 $1,943.42 $36,679.55
Nov, 2052 336 $190.73 $1,377.69 $375.00 $1,943.42 $35,301.87
Dec, 2052 337 $183.57 $1,384.85 $375.00 $1,943.42 $33,917.02
Jan, 2053 338 $176.37 $1,392.05 $375.00 $1,943.42 $32,524.96
Feb, 2053 339 $169.13 $1,399.29 $375.00 $1,943.42 $31,125.67
Mar, 2053 340 $161.85 $1,406.57 $375.00 $1,943.42 $29,719.11
Apr, 2053 341 $154.54 $1,413.88 $375.00 $1,943.42 $28,305.22
May, 2053 342 $147.19 $1,421.23 $375.00 $1,943.42 $26,883.99
Jun, 2053 343 $139.80 $1,428.62 $375.00 $1,943.42 $25,455.37
Jul, 2053 344 $132.37 $1,436.05 $375.00 $1,943.42 $24,019.31
Aug, 2053 345 $124.90 $1,443.52 $375.00 $1,943.42 $22,575.79
Sep, 2053 346 $117.39 $1,451.03 $375.00 $1,943.42 $21,124.77
Oct, 2053 347 $109.85 $1,458.57 $375.00 $1,943.42 $19,666.20
Nov, 2053 348 $102.26 $1,466.16 $375.00 $1,943.42 $18,200.04
Dec, 2053 349 $94.64 $1,473.78 $375.00 $1,943.42 $16,726.26
Jan, 2054 350 $86.98 $1,481.44 $375.00 $1,943.42 $15,244.81
Feb, 2054 351 $79.27 $1,489.15 $375.00 $1,943.42 $13,755.67
Mar, 2054 352 $71.53 $1,496.89 $375.00 $1,943.42 $12,258.78
Apr, 2054 353 $63.75 $1,504.68 $375.00 $1,943.42 $10,754.10
May, 2054 354 $55.92 $1,512.50 $375.00 $1,943.42 $9,241.60
Jun, 2054 355 $48.06 $1,520.36 $375.00 $1,943.42 $7,721.24
Jul, 2054 356 $40.15 $1,528.27 $375.00 $1,943.42 $6,192.97
Aug, 2054 357 $32.20 $1,536.22 $375.00 $1,943.42 $4,656.75
Sep, 2054 358 $24.22 $1,544.21 $375.00 $1,943.42 $3,112.54
Oct, 2054 359 $16.19 $1,552.24 $375.00 $1,943.42 $1,560.31
Nov, 2054 360 $8.11 $1,560.31 $375.00 $1,943.42 $0.00

Compare Monthly vs. Bi-weekly

Payment Frequency Monthly Bi-weekly
Payments / Year 12 26
Each Payment $2,049.67 $1,006.33
Total Extra Payments $0.00 $0.00
Total Interest $309,631.47 $240,941.04
Total Tax, Insurance, PMI & Fees $140,737.50 $113,134.62
Total Payment $750,368.97 $654,075.66
Total Savings $0 $96,293.32
Payoff Date Nov, 2054 Feb, 2049

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North Carolina Mortgage Calculator with Taxes and Insurance

The mortgage calculator NC has many options such as PMI, property tax, home insurance, payment frequency (monthly and bi-weekly), monthly HOA fees, and extra payments. You will also get an amortization schedule with monthly payment details and a summary of the mortgage on the payoff. Best of all, the amortization schedule is printable and exportable as an Excel spreadsheet or as a pdf file.


How do mortgages work?

A mortgage is a loan that you apply to finance the purchase of your home. The lender gives the borrowers a lump sum to help them buy a house. In return, the borrower repays the loan with interest on a monthly basis for a predetermined number of years, usually 30 years. On a conventional mortgage, the buyer puts down a down payment and the rest is financed by a bank. A mortgage is a secured loan that uses the home as collateral which means the lender can put the house into foreclosure to recoup their loss if the buyer defaults or fails to make monthly payments.


How does mortgage interest work?

There are different types of mortgages such as fixed and variable interest rates. With a fixed-interest mortgage, the monthly payments are the same over the course of the loan. A mortgage with variable interest will have unpredictable monthly payments. Variable interest rate mortgages usually have lower monthly payments initially and higher monthly payments down the road. If the interest rate rises too fast in the future, the borrowers could be faced with pressure paying their mortgages.


Fixed-rate mortgage pros and cons

There are pros and cons of mortgages with fixed interest rates vs variable rates. Pros of fixed-rate mortgage

  • Fixed month payment - the monthly payments are unchanged through the term no matter how high the interest rate rises in the future.
  • Easy to understand - fixed-rate mortgages are easier to understand which is good for first-time buyers. It is also easier to make comparisons between lenders and see which lender gives you the best option.
  • Peace of mind - knowing that monthly payments would never rise gives peace of mind to borrowers.
  • Inflation - if you are paying $1,000 in monthly payments today, you will be still paying the $1,000 twenty years later even though the same $1,000 twenty years from now is probably worth much less than today's money.
  • Build equity faster - variable interest rates usually have lower monthly payments initially, but that means the homeowners are building equity slower. With a fixed interest rate mortgage, borrowers can build equity much faster.

Cons of fixed-rate mortgage

  • Falling interest rate - if the interest rate falls dramatically in the future, you won't be able to take advantage of it unless you refinance the mortgage which comes with closing costs and other fees.
  • It could be costly - if the interest rate was high when you got your mortgage, you are locked into this high-interest rate for the rest of the term which could be costly.
  • Higher monthly payments - fixed interest rates usually have higher monthly payments than ARM in the initial period. Borrowers who cannot afford the higher monthly payments may not be able to buy a home.

The best time to use a fixed interest rate is when the interest rate is low and it is expected that the interest rate would rise in the near future. Borrowers would want to lock into this low rate so that they won't have to refinance the loan at a later point. However, it is hard to predict when the interest rate will rise or fall. One thing borrowers can do is compare the current rate to the interest rate in recent years and watch the inflation data. Usually, when inflation is high, the Fed may hike interest rates to fight inflation, in that case, it would be a wise idea to use a fixed interest rate.



How do mortgage payments work?

The monthly mortgage payments are divided into two parts, the principal and interest payments. It is the principal part that allows the homeowner to reduce their debt and build equity in their house. The interest payment is recalculated each month based on how much money you owe to the bank. Therefore, at the beginning of the term when your balance is the largest, most of the monthly payments are for interest payments with little going toward the principal. It could be years before the balance between the principal and interest payments begin to shift with more money going toward the principal than interest.


What do mortgage lenders look for?

Before starting to apply for a mortgage, first learn how the mortgage process works and what mortgage lenders are looking for. There is only one thing that mortgage lenders want to learn about the borrowers, the ability and willingness to repay the mortgage and interest. There are other costs that are associated with owning a house, such as property tax and home insurance. If your down payment is less than 20% on a conventional mortgage, you will need to pay for private mortgage insurance which is an additional cost. Mortgage lenders want to know how much you make, and how much debt you have to decide whether you are able to repay the loan, tax, insurance, and all the other costs. They also look at your credit score to check if you pay your other debts on time. If you are, then you will most likely repay your mortgage payments on time. Although the bank can foreclose the house and recoup their loss in case the borrower stops making payments, they do not like to deal with foreclosures. It is in the best interest of banks to make money from interest payments than seeing their borrowers default.


How to get the best mortgage rate?

Borrowers that are financially strong with good credit scores will get the best interest rates from lenders. Lenders will either deny borrowers with bad credit scores or charge them with high-interest rates. Borrowers with bad credit scores are more likely to default on the mortgage, and therefore more riskier to the bank than borrowers with high credit standing. To offset this type of risk, the banks will charge them a higher interest rate. Many banks will deny applications from borrowers with a credit score lower than 620. A higher interest rate would cost borrowers thousands and thousands of dollars in interest payments over the course of the term. Therefore, it is important to maintain a good credit score if you ever plan to buy a house on a mortgage. Paying off existing debts will help improve your credit score because it lowers your overall debt and credit utilization which in turn will raise your credit score. Lowing your debt will also lower your LTV which is a factor that lenders use to judge whether or not you will get the loan. The lower your LTV, the better. In addition to improving your credit score, you should shop around and compare the interest rates of different lenders. There are also other charges such as closing costs and fees that you should take into account when doing comparisons from lenders. After some research, borrowers should be able to find a lender that offers them the best mortgage rate and the least fees and closing costs on the mortgage.


How to apply for a mortgage?

Once you select a lender, you will need to prepare lots of documents to show the bank that you have the ability to repay the loan and that you are responsible for your loans. Following are some common documents that you need.


Documents needed for mortgage application

  • W2 or 1099 - if you work for a company, you will need the W2 for the last 2 years. If you are self-employed, you will need 1099 from the last 2 years.
  • Bank statements - show bank statements and investment accounts for the last 2 months as proof that you have the money for the down payment and closing costs.
  • Recent Pay Stub - show recent pay stubs to prove that you are currently an employee and getting paid.
  • Tax documents - you will need the personal tax documents from the last 2 years. If you own a business, you will need to provide the business tax documents as well.
  • Signed contract - you will need a signed contract and sales agreement between the seller and you.

Your bank may ask for other documents, it is recommended that you submit the documents and statement promptly to avoid any delays in closing the deal. For those who are self-employed, the banks may need additional documents. Communicate with your mortgage loan originator to learn where you stand. Mortgage loan originators usually deal with dozens of mortgage applications, sometimes they may forget to inform you that you need additional documents. Therefore, it is wise to follow up with them from time to time if you have not heard from them.



How to use the North Carolina mortgage calculator?

This house payment calculator North Carolina with PMI has advanced options for a home mortgage. If you are looking for a simple mortgage calculator for other types of loans such as auto loans, you may want to use the simple mortgage calculator. If you would like to include taxes and insurance, you can simply enter the yearly property tax and yearly home insurance amount into the mortgage calculator with PMI North Carolina. These amounts will be included in the NC Mortgage Calculator, you can also enter a 0 for the property tax or home insurance if you do not want to include these amounts in your mortgage calculator and the mortgage amortization North Carolina. This North Carolina Mortgage Calculator with Extra Payment has everything you need to calculate your mortgage in North Carolina such as PMI, extra payment, taxes and insurance. In addition, the mortgage calculator North Carolina gives you biweekly and monthly payment options so you can view your mortgage amortization schedule by monthly or biweekly. The amortization schedule is both printable and downloadable so you can save it on your computer or have a physical copy.

For commercial loans in North Carolina, please use the North Carolina commercial mortgage calculator.


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