Not financial advice. Mortgage FV Calculator is a software calculator, not a personal-finance product or advisory service. It computes standard financial functions and displays the results for your convenience. Nothing here constitutes, or is intended to constitute, financial, investment, tax, legal, mortgage, credit, or insurance advice. Always consult a qualified professional before making any financial decision.
Denver mortgage calculator
A median-priced Denver, CO home at 6.75% over 30 years, with Colorado property tax of 0.51% and $3,100 a year of homeowners insurance. Every figure below is computed on our amortising engine — nothing is estimated in the browser.
$4,442 a month, all in
Principal and interest are $3,659; escrow and PMI add the rest. Over the full term the loan costs $753,014 in interest. Discounted at 5%, buying here has a net present value of $14,254 ($379,980 in today’s dollars).
Within Colorado, Denver is 2nd of the 6 Colorado markets covered here, between Boulder at the top and Colorado Springs at the bottom of a 2.06x spread. A state-level median hides most of that.
The price-to-rent ratio here is 21.6 ($626,750 to buy, $2,415 a month to rent), which is high. Renting and investing the deposit is a genuine alternative in Denver, not a fallback position.
Denver carries a premium over the rest of Colorado: a median home here runs $626,750, about 15% above the state median of $545,000. The deposit moves with it, so the same 20% down is $125,350 rather than $109,000.
Monthly cost in Denver vs comparable rent
Owning is stacked by component; renting is the local median asking rent.
The monthly breakdown
| Median home price | $626,750 |
|---|---|
| Down payment (10%) | $62,675 |
| Loan amount | $564,075 |
| Principal & interest | $3,659/mo |
| Property tax (0.51%) | $266/mo |
| Homeowners insurance | $258/mo |
| PMI while above 80% LTV | $259/mo |
| Total monthly payment | $4,442/mo |
| Comparable rent | $2,415/mo |
What a rate move does to the Denver payment
| Rate | Principal & interest |
|---|---|
| 5.5% | $3,203/mo |
| 6% | $3,382/mo |
| 6.5% | $3,565/mo |
| 7% | $3,753/mo |
| 7.5% | $3,944/mo |
| 8% | $4,139/mo |
Rent or buy in Denver?
Against $2,415 a month in rent, over 7 years renting leaves you about $128,405 better off — $108,023 once 2.5% inflation is stripped out. See the Colorado rent-vs-buy page.
Where these numbers come from
Colorado medians come from editorial and are refreshed weekly. The Denver figures index those state medians to the local market, so they track the same feed rather than going stale. Insurance and the state income tax rate are editorial. Treat everything here as a planning estimate, not a quote.