MORTGAGE CALCULATORS



Rates and Payments Research

  • Monthly Payment
    Calculate your payment and amortization schedule.
  • Compare Terms
    Compare multiple terms for a given principal and rate.
  • Compare Rates
    See how changes in your rate affect your payment.
  • Mortgage APR
    Find the APR on a fixed rate mortgage.
  • Balloon Payment
    Balloon mortgages can reduce your monthly payments but may require refinancing at the end of the term.
  • Interest Only
    Compare monthly payments for interest-only mortgage and principal-interest mortgages.
  • Adjustable Rate
    Determine monthly payments and the effective interest rate (APR) for an ARM.


Budgeting Decision Tools

  • Mortgage Qualifier
    Find out if you qualify for a given mortgage and just much you can afford, then create an amortization schedule.
  • Payment Range
    Plug in a high and low figure for a payment and see how it translates to a mortgage.
  • Mortgage Payoff
    Save thousands of dollars in interest by increasing your monthly mortgage payment.
  • Bi-weekly Payments
    Discover how much in interest you will save if you make 1/2 of your mortgage payment every two weeks instead of making a full mortgage payment once a month.
  • Mortgage Tax Savings
    Estimate the tax savings you'll realize by deducting interest and property tax payments.


Analysis For Renters

  • Tax Savings for Renters
    Find out how much someone currently renting can save in taxes this year if they decide to purchase a home.
  • Rent vs. Buy
    Factor in things such as interest, property taxes, tax savings, appreciation, opportunity costs, closing costs, and selling costs to see the real difference in renting versus buying.
  • Renter Affordability
    Based on your current rent, find out how much of a mortgage you could afford.


Refinancing

  • Refinance Savings and Break-even
    Should you refinance your mortgage? Use this calculator to determine what your new payment will be, how much you'll save in interest and when you will break even.
  • Consolidate and Refinance
    Should you consolidate a first and second mortgage into a single mortgage?