Your Vision, My Commitment.
Rima Hodgeson, REALTOR® · ABR® · SRS® | Compass
Greater Baton Rouge and surrounding communities
Questions?Let’s talk
Curious what your monthly payment could look like?

Let’s get a feel for the numbers.

Try a few possibilities, adjust what you know, and see how the pieces come together. No pressure and no complicated math—just a practical place to start.

When you’re ready, I’ll help you turn the estimate into a real plan.
Rima Hodgeson, REALTOR® with Compass, serving Baton Rouge and surrounding communities
Rima Hodgeson, REALTOR®  |  ABR®  |  SRS®

Your financing details

Use the details you know today. This is a planning estimate. A lender and insurance professional can refine it for the exact borrower and property.

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Conventional is a standard mortgage. FHA is government-insured and often used with smaller down payments. VA is for eligible veterans, service members and some surviving spouses. USDA is for eligible buyers and properties in qualifying areas. Jumbo loans exceed applicable conforming limits.
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A larger down payment can reduce the loan amount and, depending on the program, mortgage insurance.

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Insurance varies by property and borrower circumstances: location, roof, construction, claims history, coverage, deductible, insurer and underwriting factors can all matter.
Flood insurance is separate from standard homeowners insurance. A lender may require it for a property in a Special Flood Hazard Area; the requirement is property- and lender-specific. Flood risk can exist outside high-risk areas too.

The estimate automatically includes mortgage insurance when the selected program typically requires it. Actual PMI/MIP depends on the program, LTV, credit, lender and other factors.

Conventional loans often have PMI below 20% down. FHA loans generally have upfront and annual mortgage insurance. USDA loans have an upfront guarantee fee and annual fee. VA loans generally do not have monthly mortgage insurance, but a funding fee may apply.

Income & tax planning

These optional fields help illustrate why a potential tax benefit is not simply “interest × tax rate.”

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Louisiana home beside a calm neighborhood waterway
Louisiana flood zone guide

A little flood clarity goes a long way.

Flood risk can vary from one neighborhood—and sometimes one street—to the next. A lender may require flood coverage when the property is in a higher-risk FEMA flood area. Even when it is not required, asking about the home's flood history and insurance options is a smart first step.

Practical next step: Ask your REALTOR®, lender and insurance professional about the property's flood zone, prior flood claims, elevation information and a current quote.
Loan programs

Five paths to the front door.

Each program has its own eligibility, lending rules and insurance considerations. Use this as a quick orientation—not a final approval guide.

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Conventional

A standard mortgage option. PMI may apply below 20% down.

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FHA

Government-insured financing often used with a lower down-payment entry point. Mortgage insurance generally applies.

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VA

For eligible service members, veterans and qualifying surviving spouses. No monthly mortgage insurance, though a funding fee may apply.

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USDA

For eligible buyers and properties in qualifying areas. Program fees apply.

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Jumbo

For financing above applicable conforming loan limits. Terms and pricing vary.

Potential tax benefits

Homeownership may have tax implications.

Depending on your circumstances and whether you itemize, qualifying mortgage interest and certain state/local taxes may be deductible. This estimate compares potential itemized deductions with the standard deduction; it does not prepare a tax return.

A helpful starting point—not a loan offer.

This calculator is designed to help you plan. It is not an exact mortgage quote, loan approval, insurance quote, tax calculation, or financial/tax advice.

Actual payment can change with credit profile, lender pricing, loan program, rate, points, property value and final terms.

Insurance can vary by person and property, including location, roof, construction, claims history, coverage, deductible, insurer and underwriting factors.

Flood insurance is separate from standard homeowners insurance. Requirements depend on the property and lender; flood risk can exist outside high-risk zones.

Your next move starts here

Ready to turn this estimate into a plan?

Let’s connect the numbers with your goals and identify the most practical next step.

Your Vision, My Commitment.
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