Monthly Payment Total monthly payment? $ Loan Information Down payment amount? $ Loan term (years)? Interest rate? % Other Payments Monthly home insurance? $ Monthly property taxes? $ Monthly HOA dues? $ Printer-friendly version Monthly Payment Information Loan Amount Down Payment Principal & Interest Taxes, Insurance & HOA Total Monthly Payment Chart Table Monthly Payment Information Payment Type Amount Principal & Interest Homeowners Insurance Property Taxes HOA Dues Total Monthly Payment Submit While mortgage lenders use lending ratios, such as the percentage of a borrower's debt to their income, in deciding whether to approve a loan, a borrower's household budget may determine how much they want to spend each month on housing. That monthly payment will determine how large a loan the borrower can expect to receive based on the term of the loan, down payment and interest rate. Other monthly expenses such as insurance, taxes, and HOA dues will also factor into the calculation.