English 
EspañolPrincipal
The portion of each payment that pays down your loan balance.
See your real monthly payment — principal, interest, taxes, Florida insurance, HOA, and PMI — all in one place. Then talk to a lender who’s done this in Florida for 38 years.
A Florida mortgage payment is more than principal and interest. The full monthly cost — often called PITI — covers six things:
The portion of each payment that pays down your loan balance.
What the lender charges you to borrow the money.
Florida property taxes, billed annually but budgeted monthly.
Homeowners — plus wind or flood, where required in Florida.
Private mortgage insurance, if your down payment is under 20%.
For condos, townhomes, and most Florida gated communities.
Most calculators give you a number. This one gives you a number you can actually plan around.
Use a listing price or your target budget. Round up if you’re shopping in a competitive market.
Dollar amount or percentage. The calculator flags whether PMI applies based on your input.
Use Florida estimates if you don’t have a real quote yet — defaults vary by county.
30-year fixed is the default. Try a 15-year to see how much interest you’d save.
Florida is the most expensive state in the country for homeowners insurance.
In coastal counties, premiums run several times the national average — and homes in flood zones need a separate flood policy on top of that.
HOA dues on Florida condos can add $400 to $1,500 to a monthly payment. Skip those line items and your “real” payment lands hundreds of dollars off every month.
This calculator handles all of it. Run the numbers, then call us — we work these scenarios with Florida buyers every day.
The amount most generic calculators miss when estimating Florida payments because they underprice insurance and ignore HOA dues.
PITI · PITIA · Florida insurance · Wind & flood · HOA dues · PMI thresholds · 15- vs 30-year comparisons
Different loans, different math. Here’s the down payment, who each one is built for, and whether you’ll pay mortgage insurance.
| Loan Type | Min Down | Best For | Mortgage Insurance |
|---|---|---|---|
| Conventional 30-Yr | 3% | Steady W-2 income, 620+ credit | Under 20% down |
| FHA | 3.5% | First-time buyers, 580+ credit | Yes (MIP) |
| VA | 0% | Active-duty military & veterans | None |
| USDA | 0% | Eligible rural Florida areas | None (small fee) |
| Jumbo | 10–20% | Loans above the conforming limit | Varies |
| DSCR | 20–25% | Investors qualifying on rental income | None |
| Foreign National | 25–30% | Non-U.S. citizens buying in Florida | None |
| Bank Statement | 10–20% | Self-employed buyers without W-2s | Varies |
Not sure which loan fits your numbers?
Schedule a Free ConsultationHonest answers about how Florida mortgage payments work — and how to plan for one.
Alex Doce will walk you through your numbers and tell you exactly what you qualify for. No credit pull until you say so.
Talk to a Florida Mortgage ProA 10-minute call gives you a locked rate, a pre-approval letter, and a clear path to closing. No obligation. No credit pull until you say so.