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Cleveland, OH Mortgage Calculator

Estimate your monthly mortgage payment in Cleveland including property taxes, homeowners insurance, PMI, and 2025 loan limits.

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≈ $22,000

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Illustrative — check with your lender

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Extra Monthly Payment

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Estimated Monthly Payment

$849

Estimates are for educational purposes only and are not a loan offer or commitment to lend.

FHA Eligible

Loan Amount: $88,000

LTV: 0.01%

P&I Payment

$583

Total Interest

$121,705

over loan life

Payoff

30 yr

Closing Costs

$2,340–$4,368

est. range

Monthly Payment Breakdown

2025 Loan Limit Context

FHA Limit

$524,225

Conforming Limit

$806,500

Amortization Schedule

Mo.PaymentPrincipalInterestBalanceTotal Interest
1$583$73$510$87,927$510
2$583$73$509$87,854$1,019
3$583$74$509$87,780$1,528
4$583$74$508$87,706$2,036
5$583$75$508$87,632$2,544
6$583$75$508$87,557$3,052
7$583$75$507$87,481$3,559
8$583$76$507$87,405$4,065
9$583$76$506$87,329$4,572
10$583$77$506$87,252$5,077
11$583$77$505$87,175$5,583
12$583$78$505$87,097$6,088
Months 112 of 360

2025 Loan Limits — Cuyahoga County, OH

Limit Type2025 LimitNote
FHA Loan Limit (1-unit)$524,225Max loan for FHA-insured mortgage
Conforming Loan Limit (1-unit)$806,500Fannie Mae / Freddie Mac eligible

Source: HUD / FHFA. Data as of 2025-01-15.

FAQ — Cleveland Mortgage

What is the average mortgage payment in Cleveland?
Based on the median home value of $110,000 in Cleveland, a 30-year conventional loan with 20% down at current illustrative rates would result in an estimated P&I payment. Add local property taxes and insurance for a full PITI estimate.
What is the 2025 FHA loan limit in Cleveland?
The 2025 FHA loan limit for Cleveland (Cuyahoga County) is $524,225.
What is the conforming loan limit in Cleveland?
The 2025 conforming loan limit for Cleveland is $806,500. Loans above this are considered jumbo.

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