Mortgage Calculator
Estimate your monthly payment with taxes, insurance, PMI and HOA
Greenville SC Mortgage Calculator
Estimate your monthly payment, including principal, interest, property taxes, homeowners insurance, mortgage insurance and HOA dues. Adjust any number to see how it changes your budget.
- Principal & interest$2,096
- Property tax$175
- Insurance$150
- PMI$131
- HOA$0
*Based on a 28% housing-to-income guideline. This calculator gives estimates for planning only and is not a loan offer. Rates, taxes, insurance and PMI vary by lender, property and credit profile.
Amortization Schedule
| Year | Principal paid | Interest paid | Remaining balance |
|---|---|---|---|
| Adjust the calculator to see your schedule. | |||
Get pre-approved first
A pre-approval tells you your real budget and makes your offer stronger in a competitive Upstate market.
Plan for closing costs
Budget for lender fees, title, prepaid taxes and insurance on top of your down payment. Your lender's Loan Estimate lists them.
Ask about new construction incentives
Many Greenville builders offer rate buydowns or closing cost help when you use their preferred lender. We can help you compare.
Mortgage Questions
What is included in a monthly mortgage payment?
Most payments include principal and interest on the loan, plus an escrow amount for property taxes and homeowners insurance. If you put less than 20% down on a conventional loan you will usually pay private mortgage insurance (PMI), and some neighborhoods add HOA dues.
How much should I put down on a house?
Conventional loans can start as low as 3% down, FHA loans at 3.5%, and VA and USDA loans may require nothing down for eligible buyers. Putting 20% down removes PMI on a conventional loan and lowers your monthly payment.
How are property taxes calculated in South Carolina?
South Carolina assesses an owner-occupied primary residence at 4% of its value, compared with 6% for second homes and rentals, once you apply for the legal residence rate with your county. The county then applies local millage rates, which differ across Greenville, Spartanburg and other Upstate counties.
When does PMI go away?
On most conventional loans, PMI can be removed when your balance reaches 80% of the home's original value, and it ends automatically at 78%. FHA mortgage insurance follows different rules, so ask your lender.
Ready to find a home that fits your budget?
The Moore Team can connect you with trusted local lenders and show you homes in your price range across Greenville and the Upstate.