Basic Calculators

• Monthly Payment Calculator - See monthly payment estimates for a given price. This basic tool is quick-and-easy to use, but does not include PMI or property taxes. Please use our advanced calculator if you are looking for a more in-depth payment estimate.
• Minimum Income Requirement - See a house you want to buy? Use this to calculate the minimum income required to afford it.
• Home Loan Limit - Curious about how much home you can afford? Use this free calculator.
• DTI - See your current front-end & back-end debt-to-income ratios.

Advanced Calculator

Advanced Mortgage Calculator - This full featured mortgage calculator allows you to input home value, principal, interest rate, loan term, start date, property tax, HOA dues, homeowner's insurance and PMI. Its output features includes

• loan breakdown graphs
• repayment charts
• a balance graph
• loan summary
• biweekly savings
• private mortgage insurance
• discount points
• other closing costs
• monthly amortization tables
• annual amortization tables
• share links
• and more!

Money Saving Calculators

Rent or Buy?

• Rent vs Buy - Determine if you are better off renting or buying a home.
• Tax Savings Benefits Estimator - Learn how much you can save on your federal income taxes by deducting home loan related expenses like mortgage interest & discount points.

Loan Amortization

• Amortization - See how quickly you'll make progress paying off your home using regular payments. Print out the amortization schedule to see your current balance at any point in time.
• Compare Loan Terms - Rather than amortizing your home over 30 years see how much you can save by repaying your loan in 20, 15 or 10 years! You can also use our side-by-side calculator to compare two loan options on the same page.

Extra Payments

• Loan Payoff Goal - See how much you'll need to add to your monthly payments to pay your loan off by a set date.
• Payment Range - See how much faster your loan will be paid off if you increase your monthly payments.
• Bi-weekly Payments - Learn how much time and money you'll save paying off your loan on a bi-weekly payment plan. You can also calculate biweekly payments with extra payments & create amortization schedules for the new loan payments.
• Additional Payments - Are you trying to save money by making extra payments? Use this tool to project your potential savings.

Refinancing

• Current Balance - See how much you still owe on your loan.
• Refinance Calculator - Thinking of refinancing your home? Compare new loan offers to your old loan to see how much you could possibly save by refinancing.
• Cash Out Refinance Calculator - If you want to withdraw equity while refinancing your home.

Home Loan Options

Points, Closing Costs & Real Rates

• Discount Points Calculator - Not sure if you should pay discount points on your loan? Use this to estimate potential savings.
• Real APR - Find out the real annual percentage rate of your loan after points and other costs.
• Closing Costs - Figure out how much you will need to set aside to cover the down payment & escrow.

Adjustable-Rate Loans

• Fixed vs ARM - Quickly estimate payments for fixed, adjustable & IO only loans side-by-side.
• ARM Calculator - Figure out monthly payments and view the amortization schedule for adjustable-rate mortgages.
• Interest Only Calculator - Find out how low monthly payments can be using an interest-only payment plan.
• Mortgage Rates Calculator - Unsure if rates are going up or down? This tool makes it easy to see how rate shifts will impact monthly loan payments.

Government-Backed Home Loans

• FHA Loans - Learn about loans backed by the FHA.
• VA Loans - Explore payments & requirements for loan programs catering to active duty military, veterans & their spouses.
• USDA Loans - Rural home loan programs guaranteed by the USDA.

Second Mortgages

• HELOC Qualifier - See how much a homeowner is qualified to borrow at various LTV values.
• Home Equity Loans - Consolidate debts into a low-interest loan secured by your home.

International Markets

• UK Mortgage Calculator - Provides fixed-rate repayments and interest only payments along with the option to generate printable amortization schedules.
• Canada Mortgage Calculator - Provides fixed-rate repayments along with the option to generate printable amortization schedules.

Current 30-YR Fixed Mortgage Rates

The following table highlights locally available current mortgage rates. By default 30-year purchase loans are displayed. Clicking on the refinance button switches loans to refinance. Other loan adjustment options including price, down payment, home location, credit score, term & ARM options are available for selection in the filters area at the top of the table.

Real Estate Investors & Property Sellers

Selling a Home

• Real Estate Commissions - Compare the savings of various commission rebate options or see if it makes more sense to conduct a FSBO.
• Net Seller Proceeds - See how much you'll have in the bank after factoring outstanding loan balance along with fees associated with the property sale and transfer.

Buying Investment Properties

• Purchase Money Loans - Calculate the future balance due on PMMs.
• Income Properties - Analyze the potential returns on residential income property investments.
• 1031 Exchanges - Explore the tax deferred like-kind exchange program

Reverse Mortgages

• Reverse Mortgages - Estimate future loan balances based upon the upfront payment, monthly payments & the anticipated rate of interest.

Borrowers: Are You Unsure Which Loans You'll Qualify For?

We have partnered with Mortgage Research Center to help homebuyers and refinancers find out what loan programs they are qualified for and connect them with lenders offering competitive interest rates.