Your total monthly housing payment usually includes:
If the property has HOA fees, those are separate, but we show them as part of the total payment in Padzilly because that’s what you’re going to have to come out of pocket every month for, and it’s what the lender will qualify you for. Yes, you will pay it separately, but it will be calculated in your total monthly housing payment. Many online calculators only show principal and interest, which is why real numbers often look higher than quick estimates. A complete payment view gives you clarity — and clarity gives you confidence when shopping.
Please consult your Mortgage Advisor for guidance specific to your situation before making changes.
Principal (paying down the loan)
Interest (cost of borrowing)
Property taxes
Homeowners insurance
Mortgage insurance (if applicable)
