Full Home Cost

Full Home Cost Calculator

Calculate your complete monthly homeownership costs. Know the full cost before you buy.

What this calculator does

This tool calculates your full monthly budget for owning a home. Unlike standard calculators that only show the bank loan, we include taxes, insurance, PMI, HOA fees, maintenance, and utilities to prevent you from becoming "house poor."

Example: A $2,000 mortgage payment may cost more each month

If principal and interest are $2,000 per month, plus $300 in property taxes, $125 in homeowners insurance, $250 in utilities, and $200 set aside for maintenance, the estimated monthly total is $2,875 —$875 more than principal and interest alone.

Illustrative amounts only, not market averages. Your actual costs may also include PMI, HOA fees, repairs, or other expenses. Avoid counting taxes or insurance twice if they are included in an escrow payment. Enter property-specific estimates below.

Learn why your mortgage payment isn't your full housing cost
Results are estimates only
Home Details
Enter your home purchase information
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Monthly Costs
Additional homeownership expenses
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Property taxes vary by location. Use this lookup to help estimate your local property tax rate, then enter the percentage above.

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A common rule of thumb is to budget about 1% to 1.5% of the home's value per year for maintenance and repairs.

Your Finances
Income and debt information for affordability rating
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Your Results Will Appear Here
Enter your numbers to see your estimate.

Full Home Cost will show you the complete monthly cost of homeownership, including all the expenses that most mortgage calculators leave out. You'll also get an affordability rating and personalized recommendations.

Explore More Tools

Need to calculate your base payment first? Try theMortgage Calculator, see if your budget can handle it with the House Poor Risk Calculator, or compare renting vs buying with the Rent vs Buy Calculator.

Frequently Asked Questions