A clearer home-buying plan

Know the cost. Keep your cushion.

Explore the monthly ownership plan and the cash you keep—before the numbers turn into a commitment.

Educational estimate, not a quote

03 · Complete plan

Planning ownership budget

30-year fixed

$4,784/mo

Lender-style payment plus a $500 monthly maintenance reserve.

Estimated lender payment: $4,284
Cash needed to buy: $146,500
Liquid after purchase: $63,500

Educational estimate only—not a loan offer, approval, tax estimate, insurance quote, or financial advice.

Where transaction cash goes

$180,000 available

Down payment$120,000
Closing and prepaids$18,000
Inspections and testing$1,500
Moving and setup$7,000
Unused transaction cash$33,500

Your emergency fund stays intact.

The plan leaves $33,500 in unused transaction cash, plus the protected $30,000 emergency reserve.

$30,000

Payment breakdown

Rounded display · exact math

Monthly lender payment and ownership planning breakdown
Principal and interest	May be paid to lender	$3,034
Property tax	Escrow varies	$1,000
Homeowners insurance	Escrow varies	$250
PMI ⓘ	Estimate	$0
HOA	Payment method varies	$0
Estimated lender payment	Subtotal	$4,284
Maintenance reserve ⓘ	Planning reserve	$500
Planning ownership budget	Before utilities	$4,784

Ownership plan$4,784/moLiquid$63,500

Compare the tradeoff

15-year versus 30-year

Illustrative fixed rates

Plan	Ownership / month	Scheduled interest	Action
30-year fixed6.50% rate	$4,784	$612,214	Current plan
15-year fixed5.95% illustrative	$5,788	$246,760

Scheduled interest assumes the loan is held for the full term with no extra payments or refinance. Taxes, insurance, PMI, HOA, maintenance and purchase costs are excluded from interest.

What this scenario means

A plan you can explain

With 20% down, this 30-year scenario creates a $480,000 mortgage. The planning ownership budget is about $4,784 per month before utilities. The plan leaves $63,500 liquid after purchase, including the protected emergency reserve.

Mortgage: $480,000
Loan to value: 80.0%
Full-term interest: $612,214

A plan, not a countdown

An example buying runway

Starting pointFunds ready
Weeks 1–4Preapproval + team
Your paceTour + compare
30–45 daysContract to close
After closingProtect the cushion

Keep the conversation going

Take this plan with you

Shared links contain calculator assumptions, not personal identity or an address.

Educational estimate only.

This is not a loan offer, approval, tax estimate, insurance quote, or financial advice. Actual costs and eligibility depend on the property, lender, credit profile, location, and transaction. Utilities are excluded.

Scenario assumptions

Printed

Home price: $600,000
Loan term: 30 years
Interest rate: 6.500%
Property-tax rate: 2.00%
Down-payment strategy: 20% of home price
Annual homeowners insurance: $3,000
Monthly HOA: $0
Annual PMI rate: 0.30%
PMI down-payment threshold: 20.00%
Annual maintenance reserve: 1.00%
Dedicated house fund: $150,000
Semi-liquid available: $30,000
Protected emergency fund: $30,000
Closing-cost rate: 3.00%
Inspections and testing: $1,500
Moving and setup: $7,000
Seller or lender credits: $0

Key outputs

Resolved down payment: $120,000
Mortgage: $480,000
Estimated lender payment: $4,284/month
Maintenance reserve: $500/month
Planning ownership budget: $4,784/month
Closing costs and prepaids: $18,000
Cash needed to buy: $146,500
Transaction resources: $180,000
Unused transaction cash: $33,500
Liquid after purchase: $63,500
Full-term scheduled interest: $612,214

Educational estimate, not a loan quote.