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Mortgage Costs for a $300,000 Home – Amortization Table – Private Mortgage Insurance (PMI) A down payment of less than 20% often requires PMI which will increase your monthly payment. For a $300,000 home, a 20% down payment would be $60,000.
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This unique mortgage calculator will not only generate an amortization schedule, but will also show the Private Mortgage Insurance payment that may be required in addition to the monthly PITI payment, and when it will automatically cancel. Want to learn more about PMI? Read "Everything you need to know about PMI", our comprehensive guide.
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