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.
Greenville mortgage calculator
A median-priced Greenville, SC home at 6.75% over 30 years, with South Carolina property tax of 0.53% and $2,600 a year of homeowners insurance. Every figure below is computed on our amortising engine — nothing is estimated in the browser.
$2,395 a month, all in
Principal and interest are $1,900; escrow and PMI add the rest. Over the full term the loan costs $391,075 in interest. Discounted at 5%, buying here has a net present value of $105,352 ($338,776 in today’s dollars).
Within South Carolina, Greenville is 2nd of the 4 South Carolina markets covered here, between Charleston at the top and Columbia at the bottom of a 2.00x spread. A state-level median hides most of that.
Greenville carries a premium over the rest of South Carolina: a median home here runs $325,500, about 5% above the state median of $310,000. The deposit moves with it, so the same 20% down is $65,100 rather than $62,000.
A price-to-rent ratio of 16.1 puts Greenville in the middle of the range, where the rent-vs-buy answer is decided by how long you stay and what the deposit would otherwise earn.
Monthly cost in Greenville vs comparable rent
Owning is stacked by component; renting is the local median asking rent.
The monthly breakdown
| Median home price | $325,500 |
|---|---|
| Down payment (10%) | $32,550 |
| Loan amount | $292,950 |
| Principal & interest | $1,900/mo |
| Property tax (0.53%) | $144/mo |
| Homeowners insurance | $217/mo |
| PMI while above 80% LTV | $134/mo |
| Total monthly payment | $2,395/mo |
| Comparable rent | $1,680/mo |
What a rate move does to the Greenville payment
| Rate | Principal & interest |
|---|---|
| 5.5% | $1,663/mo |
| 6% | $1,756/mo |
| 6.5% | $1,852/mo |
| 7% | $1,949/mo |
| 7.5% | $2,048/mo |
| 8% | $2,150/mo |
Rent or buy in Greenville?
Against $1,680 a month in rent, over 7 years renting leaves you about $26,933 better off — $22,657 once 2.5% inflation is stripped out. See the South Carolina rent-vs-buy page.
Where these numbers come from
South Carolina medians come from editorial and are refreshed weekly. The Greenville 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.