Free Tool

Mortgage Calculator

Calculate your monthly payment for FHA, VA, and conventional loans. See exactly what it costs to house hack a 2-4 unit property.

$300,000
$50k$1M
3.5%($10,500)
3.5%30%
6.50%
2%12%
30 years

Estimated Monthly Payment

$2,460
Principal & Interest
$1,830
Property Tax
$300
Insurance
$125
PMI/MIP
$205

Loan Summary

Loan Amount$289,500
Down Payment$10,500
Total Interest Paid$369,241
Total Cost of Loan$732,564

House Hacking Tip

With a 2-4 unit property, rental income from the other units can cover most or all of this payment. Try our Cash Flow Analyzer to see how much rent can offset your mortgage.