Our Florida mortgage calculator shows you the principal and interest for any home loan, but your actual monthly cost includes more. Florida homeowners also pay property taxes (about 0.82% annually), homeowners insurance ($1,500-4,000+ per year due to hurricane risk), and often HOA fees. If you're in a flood zone, add flood insurance too. If your down payment is under 20%, you'll also pay mortgage insurance.

Property taxes in Florida are lower than many states, and the homestead exemption can save you hundreds per month once you qualify. Broward County homeowners where our Hollywood office is located see significant savings with this benefit.

Insurance costs are higher here than most states because of hurricanes and coastal location. The mortgage calculator gives you your base payment—add roughly $150-400 monthly for insurance depending on your home's value and location.

Why Use a Mortgage Payment Calculator?

Before you start house hunting in Florida, know what you can actually afford. Our calculator lets you test different scenarios: What if you put 10% down versus 20%? How does a 15-year loan compare to a 30-year? What happens if rates drop half a percent?

Running these numbers first helps you shop smarter and avoid falling in love with homes outside your budget. Florida's real estate market moves fast, especially in areas like Hollywood and South Florida. Having your numbers ready means you can act quickly when you find the right property.

Ready to Buy Your Florida Home?

Once you've calculated your estimated payment, the next step is getting pre-qualified. City First Mortgage has helped Florida buyers since 1988. We're based in Hollywood at 6100 Hollywood Blvd, Suite 305, and we understand Florida mortgages inside and out.

Let's turn your Florida mortgage calculator results into a real pre-approval.