Real monthly cost — principal, interest, taxes, insurance and PMI. Built by a banking professional.
The median home price in Orlando, FL is approximately $390,000. With a 20% down payment at current rates (~6.7%), your principal and interest payment on a 30-year mortgage would be around $2,013/month — before taxes, insurance, and any HOA fees.
Florida property taxes average 0.86% annually, which adds approximately $279/month on a $390,000 home. Always budget for the full PITI payment, not just the base mortgage.
If your credit score is below 700, you could be paying significantly more in interest. Use our Credit Score Simulator to see exactly how much.
Educational purposes only. Rates are estimates and vary by lender, credit score, and loan type. Not financial advice.
Each ZIP code tells a different story. Click any neighborhood to see its FRC Buyer Demand Score, median price, and mortgage breakdown.
In the Orlando-Kissimmee-Sanford, FL metro area, 24.2% of the 15,131 FHA applications that reached a credit decision were denied in 2025. Small applications (under $150K) were denied at 43.4%. The gap between its softest and hardest high-volume FHA door was 53.1 points (DHI Mortgage Company, LTD. 16.5% vs Lakeview Loan Servicing, LLC 69.6%). See this metro's full lender table →
CFPB HMDA 2025 · decisioned = actions 1,2,3 · historical observation, not a prediction · FinanceRateCalc
Prices and rates are widely reported. Whether a lender says yes is not. In the complete 2025 federal record, denial rates across the 100 largest FHA lenders ran from 1.8% to 78.7% — same programme, same year.
And it is not simply who applies where: standardizing on state, loan amount, income, debt-to-income and loan-to-value, applicant mix explains only a 2.7× range in expected outcomes.
CFPB HMDA 2025, computed by FinanceRateCalc. Covers the highest-volume lenders published per market, not all lenders. Historical observations, not predictions. CC BY 4.0, not independently reproduced.