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Florida Mortgage Calculator

Use this free Florida mortgage calculator to estimate your monthly mortgage payments and annual amortization.

Loan details

%

Monthly payment

$2,120

at 6.93% · 30-year fixed

  • Principal & interest

    $1,585

  • Property taxes

    $375

  • Homeowners insurance

    $160

Loan amount

$240,000

Total interest paid

$330,765

Payoff date

—

YOU'RE KEEPING $18,049

$18,049

stays in your pocket

That's your total savings over 30 years at today's best rate on NerdWallet (6.93%) vs. the 7.24% national average — $50 less every month.

  • Today's best rate: 6.93%

  • Get your free rate with no credit impact

Get my rate

No impact to your credit score

Calculated payments and savings are estimates. The calculator result does not constitute an offer for a loan and will not solicit a loan offer. Savings will depend on the actual amounts and rate for which you are approved, should you choose to apply.

Getting a Mortgage in Florida

Written by 
,  Edited by 
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Last updated November 19, 2025
Real estate markets can vary dramatically by location, which is why national housing averages don’t always reflect what buyers actually pay. Housing costs are just one part of affordability, and tools like a cost of living calculator can help show how everyday expenses differ from place to place.
In Florida, this leads to noticeable differences in monthly mortgage payments from county to county. Here were the typical monthly principal-and-interest payments for a median-priced home in some of Florida's most populous counties in Q1 2025, according to the National Association of Realtors:
  • Miami-Dade: $3,394
  • Palm Beach: $3,414
  • Hillsborough: $2,449
  • Orange: $2,601
  • Duval: $1,994

Delaware mortgage and refinance rates today (APR)

ProductInterest rateAPR
30-year fixed-rate7.467%7.472%
20-year fixed-rate7.406%7.412%
15-year fixed-rate6.724%6.736%
7-year ARM7.250%7.006%
5-year ARM6.625%6.502%
30-year fixed-rate VA6.817%7.170%
Data source: ©Zillow, Inc. 2006 – 2026. Use is subject to the Terms of Use

Today's rate

7.472%

30-year fixed

Today's mortgage rates in Delaware are 7.472% for a 30-year fixed, 6.736% for a 15-year fixed, and 6.502% for a 5-year adjustable-rate mortgage (ARM).

Florida's first-time home buyer programs

The Florida Housing Finance Corporation, or Florida Housing, offers several loan programs to help qualified first-time home buyers get a mortgage.
» MORE: First-time home buyer programs by state

Average property tax by county

Taking U.S. Census data, NerdWallet has crunched the numbers to help you understand what property tax rate you can expect to pay on your future home in Florida. Because assessed values aren't frequently updated, you may pay a higher rate at first but eventually you'll pay a similar rate.

CountyAvg. property tax rateMedian home value
Alachua County1.06%$280,500
Baker County1.01%$198,900
Bay County0.63%$312,800
Bradford County0.59%$153,900
Brevard County0.74%$336,800
Broward County0.99%$393,900
Calhoun County0.61%$118,100
Charlotte County0.89%$342,700
Citrus County0.66%$239,700
Clay County0.85%$308,000
Collier County0.64%$541,500
Columbia County0.78%$205,400
DeSoto County0.72%$139,500
Dixie County0.66%$93,200
Duval County0.81%$309,500
Escambia County0.65%$257,600
Flagler County0.80%$360,100
Franklin County0.52%$236,100
Gadsden County0.61%$137,300
Gilchrist County0.66%$165,500
Glades County0.73%$91,300
Gulf County0.58%$197,700
Hamilton County0.53%$100,800
Hardee County0.77%$118,700
Hendry County0.93%$153,200
Hernando County0.77%$277,100
Highlands County0.72%$176,900
Hillsborough County0.88%$366,900
Holmes County0.51%$94,900
Indian River County0.75%$344,400
Jackson County0.48%$113,300
Jefferson County0.72%$167,600
Lafayette County0.68%$118,600
Lake County0.81%$307,200
Lee County0.85%$361,400
Leon County0.82%$287,700
Levy County0.67%$151,800
Liberty County0.68%$113,300
Madison County0.51%$92,400
Manatee County0.82%$398,200
Marion County0.78%$243,200
Martin County0.82%$433,200
Miami-Dade County0.86%$453,300
Monroe County0.54%$718,600
Nassau County0.78%$382,900
Okaloosa County0.61%$350,800
Okeechobee County0.80%$158,500
Orange County0.88%$378,200
Osceola County0.80%$346,900
Palm Beach County0.88%$439,400
Pasco County0.86%$306,500
Pinellas County0.80%$359,400
Polk County0.75%$267,500
Putnam County0.80%$149,900
Santa Rosa County0.64%$327,800
Sarasota County0.75%$406,700
Seminole County0.75%$386,300
St. Johns County0.83%$490,600
St. Lucie County0.99%$343,900
Sumter County0.81%$367,200
Suwannee County0.69%$136,500
Taylor County0.73%$89,300
Union County0.63%$146,200
Volusia County0.84%$306,200
Wakulla County0.70%$198,600
Walton County0.49%$398,600
Washington County0.48%$137,600
Source: American Communities Survey 2022, U.S. Census

How to use the mortgage calculator

To use our mortgage calculator, add your details to the following fields:
  1. Home price
  2. Down payment
  3. Interest rate
  4. Loan term (years)
After you enter this information, the calculator displays the monthly payment, as well as:
  • Total principal
  • Total interest payments
  • Payoff date
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Calculating costs in addition to principal and interest

The calculator lets you fine-tune your payment by entering your annual property tax premium, annual home insurance premium, monthly homeowner association (HOA) fee, and monthly private mortgage insurance (PMI) premium.
To enter this information, click “Show Advanced Info” underneath the main loan details. Note that you'll enter the annual cost for property taxes and home insurance and the monthly cost for HOA fees and PMI premiums. The PMI field will only display if your down payment is less than 20%.
In the “Loan Estimate” window, select "Amortization Schedule" to uncover a table that shows how much you'll pay in principal and interest each month, as well as the remaining amount you owe ("Principal balance") after making the payment.
» MORE: What is mortgage amortization?

Explanation of terminology

  • Total monthly payment: An estimate of all your monthly housing costs, covering your loan principal, interest, taxes, insurance, and PMI.
  • Total principal: This is the amount you borrow. Each mortgage payment reduces the principal you owe.
  • Total interest payments: How much interest you would pay over the life of the loan.
  • Total loan payments: The entire amount of principal and interest paid, excluding taxes, insurance, and PMI.
  • Down payment: The portion of the home’s price you pay in cash upfront. 
  • Interest rate: How much the lender charges you to lend you the money. Interest rates are expressed as an annual percentage. A lower interest rate gives you a smaller monthly payment.
  • Loan term (years): The number of years you have to repay the mortgage. A longer term gives you a lower monthly payment, but you’ll pay more interest.
  • Start date: The month that your first mortgage payment is due.
  • Payoff date: The month your home will be fully paid off based on the loan term.
  • Property taxes: The annual tax assessed by a government authority on your home and land. You pay about one-twelfth of your annual property tax bill with each mortgage payment, and the servicer saves them in an escrow account. When the taxes are due, the loan servicer pays them.
  • Homeowners insurance: Your policy covers damage and financial losses from fire, storms, theft, a tree falling on your house and other bad things. As with property taxes, you pay roughly one-twelfth of your annual homeowners insurance premium each month, and the servicer pays the bill when it's due.
  • Monthly HOA fees: The amount you may pay each month if you belong to a homeowners association. Typically, these dues are billed directly, not added to the monthly mortgage payment. Because HOA dues can be easy to forget when considering the cost of homeownership, NerdWallet's mortgage calculator allows you to enter them here.
  • Private mortgage insurance: If you get a conventional mortgage and put down less than 20%, you’ll have to pay a monthly PMI premium. It covers the lender if you default on the loan and can be canceled once you reach 20% equity. FHA loans require a similar fee called a mortgage insurance premium. 
If you're looking to see how much you could save by refinancing your mortgage, try NerdWallet's refinance calculator.
» MORE FOR CANADIAN READERS: Canada mortgage payment calculator
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