Physician Mortgage Calculator

See how much house you can afford with a physician mortgage—including your PMI savings.

Loan Details

Loan Type

No PMI required with physician loan

Home Price: $500,000

$100K$2M

Down Payment: 0% ($0)

Interest Rate: 6.75%

4%9%

Loan Term

Property Tax Rate: 1.10%

0.5% (HI, AL)3% (TX, NJ)

Estimated Monthly Payment

$3,851

Principal & Interest$3,243

Property Taxes$458

Home Insurance$150

You're saving $28,000 in PMI

With a physician loan, you avoid PMI even with 0% down

Loan Summary

Home Price$500,000

Down Payment$0

Loan Amount$500,000

Total Interest Paid$667,477

Total of All Payments$1,386,477

Check Your Full Eligibility

* This calculator provides estimates for informational purposes only. Actual rates, payments, and terms will vary based on your specific situation, creditworthiness, and current market conditions. Contact us for a personalized quote.

Why Use a Physician Mortgage?

0% Down Payment

Buy a home with no down payment on loans up to $1M+. Keep your savings for other investments.

No PMI Ever

Save $200-$500/month by avoiding private mortgage insurance, even with less than 20% down.

Student Loans Excluded

Your student debt won't count against your debt-to-income ratio like it does with conventional loans.

Ready for a Personalized Quote?

Get pre-qualified in minutes with no impact to your credit score.

Check Your Eligibility