Free Tool
Mortgage Calculator
Know your numbers before you buy
Calculate PITI, PMI, loan comparisons, and the break-even nightly rate for any short-term rental. Provided by Diamond Elevation & Dominion Capital Mortgage.
◆ Mortgage Calculator
Know Your Payment
Estimate your full PITI — principal, interest, taxes, and insurance — plus the nightly rate you need to cover it as a short-term rental.
= $80,000 down · Loan amount: $320,000
Estimated Monthly Payment (PITI)
$2,629
30-year Conventional · 7% rate
Amortization — 30-year loan
15-Year
$3,376
20-Year
$2,981
30-Year
$2,629
◆ STR Break-Even Nightly Rate
Minimum average nightly rate needed to cover your full PITI at 65% occupancy (237 nights/year).
$133
per night
Reba Coleman
Mortgage Loan Originator · Dominion Capital
NMLS# 1079122
◆ Bonus Tool
Mortgage Recast Calculator
A recast keeps your rate and remaining term — you make a lump sum payment toward principal and your lender re-amortizes, giving you a lower monthly payment. No refinancing, no new rate.
Before: $2,661/mo on $380,590 balance → After: $2,312/mo on $330,590 balance · Same rate (7%) · 25 yr 9 mo remaining · Not all lenders offer recasts — confirm with your servicer.
Estimates only. Actual rates, payments, and PMI vary based on credit score, lender, and loan program. Not a commitment to lend. Contact a licensed loan officer for accurate figures. · Reba Coleman · NMLS #1079122 · Dominion Capital Mortgage Inc. · NMLS #270930
Calculator results are estimates for informational purposes only and do not constitute a loan offer or commitment to lend. Actual rates, payments, and terms vary based on credit, property type, and lender guidelines. Reba Coleman · Loan Officer · Dominion Capital Mortgage · NMLS #1079122 · Equal Housing Lender · All loans subject to credit and underwriting approval.
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