Based on the loan amount of $250,000.00, interest rate of 5%, term of 30 years, home value of $300,000.00, annual taxes of 1%, annual insurance of 0.5%, and annual PMI of 0.4%, your total monthly payment will be $1,800.38. You will have 32 months with PMI, which will cost $83.33 per month./

The chart below shows you the payoff time in years for your loan. You can use the amortization schedule to track how much principal and interest you will pay each month and year, as well as the total balance remaining after each mortgage payment.