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.
Lakewood mortgage calculator
A median-priced Lakewood, 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.
$3,896 a month, all in
Principal and interest are $3,181; escrow and PMI add the rest. Over the full term the loan costs $654,795 in interest. Discounted at 5%, buying here has a net present value of $17,336 ($337,962 in today’s dollars).
Within Colorado, Lakewood is 4th 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 21.2 ($545,000 to buy, $2,142 a month to rent), which is high. Renting and investing the deposit is a genuine alternative in Lakewood, not a fallback position.
Prices and rents here have moved together (indices of 1.00 and 1.02), so the rent-vs-buy verdict below is driven by your holding period and rate rather than by any local distortion.
Monthly cost in Lakewood vs comparable rent
Owning is stacked by component; renting is the local median asking rent.
The monthly breakdown
| Median home price | $545,000 |
|---|---|
| Down payment (10%) | $54,500 |
| Loan amount | $490,500 |
| Principal & interest | $3,181/mo |
| Property tax (0.51%) | $232/mo |
| Homeowners insurance | $258/mo |
| PMI while above 80% LTV | $225/mo |
| Total monthly payment | $3,896/mo |
| Comparable rent | $2,142/mo |
What a rate move does to the Lakewood payment
| Rate | Principal & interest |
|---|---|
| 5.5% | $2,785/mo |
| 6% | $2,941/mo |
| 6.5% | $3,100/mo |
| 7% | $3,263/mo |
| 7.5% | $3,430/mo |
| 8% | $3,599/mo |
Rent or buy in Lakewood?
Against $2,142 a month in rent, over 7 years renting leaves you about $110,629 better off — $93,068 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 Lakewood 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.