Orlando, FL Mortgage Calculator
In Orlando, Florida, the median home is around $390,000. With 20% down at 6.85% and Florida's ~0.91% effective property-tax rate, the all-in monthly payment is roughly $2,453.91 including principal, interest, property tax, and insurance.
Payment breakdown
- Principal & interest$2,044.41
- Property tax$357.50
- Home insurance$113.75
Balance over time
| Year | Principal paid | Interest paid | Ending balance |
|---|---|---|---|
| 1 | $3,262 | $21,271 | $308,738 |
| 2 | $3,493 | $21,040 | $305,245 |
| 3 | $3,740 | $20,793 | $301,506 |
| 4 | $4,004 | $20,529 | $297,502 |
| 5 | $4,287 | $20,246 | $293,215 |
| 6 | $4,590 | $19,943 | $288,625 |
| 7 | $4,915 | $19,618 | $283,710 |
| 8 | $5,262 | $19,271 | $278,448 |
| 9 | $5,634 | $18,899 | $272,814 |
| 10 | $6,032 | $18,501 | $266,782 |
| 11 | $6,459 | $18,074 | $260,323 |
| 12 | $6,915 | $17,618 | $253,408 |
| 13 | $7,404 | $17,129 | $246,004 |
| 14 | $7,927 | $16,605 | $238,077 |
| 15 | $8,488 | $16,045 | $229,589 |
| 16 | $9,088 | $15,445 | $220,501 |
| 17 | $9,730 | $14,803 | $210,771 |
| 18 | $10,418 | $14,115 | $200,353 |
| 19 | $11,155 | $13,378 | $189,198 |
| 20 | $11,943 | $12,590 | $177,255 |
| 21 | $12,788 | $11,745 | $164,467 |
| 22 | $13,691 | $10,841 | $150,776 |
| 23 | $14,659 | $9,874 | $136,116 |
| 24 | $15,696 | $8,837 | $120,421 |
| 25 | $16,805 | $7,728 | $103,616 |
| 26 | $17,993 | $6,540 | $85,622 |
| 27 | $19,265 | $5,268 | $66,357 |
| 28 | $20,627 | $3,906 | $45,730 |
| 29 | $22,085 | $2,448 | $23,645 |
| 30 | $23,645 | $886 | $0 |
Frequently asked questions
What's a typical mortgage payment in Orlando, FL?
On a median Orlando home (about $390,000) with 20% down at 6.85%, the full monthly payment is roughly $2,453.91 — principal, interest, Florida property tax, and insurance.
How much do you need to earn to buy a home in Orlando?
Using the 28% housing rule, a $2,453.91 payment fits an income near $105,168 a year, before accounting for your other debts.
What are property taxes like in Orlando?
Florida's effective property-tax rate averages about 0.91% of home value — roughly $3,549 a year on a $390,000 home. Local rates vary by county and city assessment.
Sources: Freddie Mac Primary Mortgage Market Survey; Tax Foundation — Property Taxes by State; Consumer Financial Protection Bureau.
Estimates for educational purposes only — not a loan offer, financial advice, or a commitment to lend. Actual rates, payments, and terms vary by lender and creditworthiness.