Mortgage Calculator
Estimate your full monthly payment in Jacksonville, principal, interest, property tax, Florida hurricane insurance, PMI, and HOA. Built for Florida buyers, not the national average.
Sets property tax rate automatically
FL avg: $3,000-4,500/yr (hurricane)
FL flood zones: NFIP ~$2,500/yr avg
Nocatee/E-Town CDDs: $125-250/mo
Jumbo Loan Territory
Your loan exceeds the $832,750 conforming limit for 2026. Jumbo loans typically require 10-20% down, 700+ credit, and 6-12 months reserves. Rates may be higher.
Your Monthly Payment
$0
$0 loan · $0 total interest
P & I
$0
Tax
$0
Insurance
$0
Flood
$0
HOA+CDD
$0
PMI
$0
Compare Loan Types
Same home, same rate, see your payment across Conventional, VA, and FHA
| Loan Type | Down | Loan Amt | PMI/MIP | Monthly PITI |
|---|
Comparison uses same home price + rate as above. VA: $0 down, 2.15% funding fee rolled in, no PMI. FHA: 3.5% down, 1.75% UFMIP financed, 0.55% monthly MIP. Conventional: 5% down, 0.5% annual PMI (removes at 20% equity).
Get your full amortization schedule
Year-by-year breakdown showing equity built, interest paid, and balance remaining.
Check your inbox, full schedule on the way!
Frequently Asked Questions
Why is Florida homeowners insurance so high?
Florida has some of the highest homeowners insurance rates in the country due to hurricane risk. Annual premiums of $2,500–$4,500 are common in Jacksonville. This calculator defaults to $2,800/year, ask Keneshia for a referral to a local insurance agent for a personalized quote.
What is PMI and when do I need it?
Private Mortgage Insurance (PMI) is required on conventional loans when you put down less than 20%. It typically costs 0.3%–1.0% of the loan amount annually. VA loans do NOT require PMI, which is a major benefit for veterans.
What's the average property tax rate in Jacksonville?
Duval County's effective property tax rate is approximately 0.83%, slightly below the FL state average. The Florida homestead exemption reduces your taxable value by $50,000 for your primary residence. Disabled veterans may qualify for additional exemptions.
Does this calculator include closing costs?
No, this calculates your monthly payment only. For closing costs, use our Florida Closing Cost Estimator. Jacksonville buyers typically pay 2%–5% of the purchase price in closing costs.