Mortgage Calculators

15 vs. 30 year Mortgage Comparison Calculator 15 vs. 30 year Mortgage Comparison Calculator - Use this calculator to find out how much money you can save overall by choosing a 15-year mortgage over a 30-year mortgage. Or use the calculator to find out how much lower your monthly payment will be with a 30-year mortgage. You can also see how big of an effect mortgage amount (principal) and interest rate have on 15-year and 30-year mortgages. Monthly payment size, total interest paid, and ... Find Out More

Accelerated Mortgage Payoff Calculator Accelerated Mortgage Payoff Calculator - Use this calculator to find out how you can pay off a mortgage early, and how much paying off early will save. The calculator will tell you how much sooner you will pay off a mortgage by increasing your monthly payment. The calculator also tells you how much you'll save in interest. The total monthly payments are also calculated.

Use the calculator to examine different scenarios for ... Find Out More

Auto Loan vs. Home Equity Loan Calculator Auto Loan vs. Home Equity Loan Calculator - Use this calculator to figure out whether an auto loan or home equity loan will be cheaper. Home equity loans have some of the lowest rates of any loan by far. But they also have high closing costs. Meanwhile, you may be able to get a low-rate auto loan, through a promotion or by virtue of your excellent credit rating. Then again, home equity loan interest ... Find Out More

Balloon Mortgage Calculator Balloon Mortgage Calculator - Use this calculator to find out what a balloon mortgage will really cost you. The calculator will tell you the total cost of the mortgage over its lifespan. Then see the size of the balloon payment. Total lifetime interest is also calculated.

Balloon mortgages offer a tradeoff between low initial payments and a possibly higher payment further down the road. The calculator ... Find Out More

Bi-weekly Mortgage Calculator Bi-weekly Mortgage Calculator - Use this calculator to find out how much faster you could pay off a mortgage by dividing your monthly payments into two, paying every two weeks rather than every month. You'll also see how much money you'll save in interest by dividing your monthly mortgage payment in two. The total interest and total payments over the life of the mortgage are also calculated.

You can also use this ... Find Out More

Interest Only Mortgage Calculator Interest Only Mortgage Calculator - Interest-only mortgages allow you to make only small monthly payments covering only the interest during the first year(s) of your mortgage. But since the principal never decreases during the interest-only period, interest-only mortgages can be surprisingly expensive in the long-run. Find out how much an interest-only mortgage will really cost, and how much you can save by shortening the interest-only term and making prepayments.

... Find Out More

Maximum Mortgage Calculator Maximum Mortgage Calculator - Use this calculator to find out the maximum mortgage amount you can borrow at various interest rates. The calculator looks at the total cost of the mortgage and your ability to pay. It looks at your income and debt payments as well as the property tax and insurance, and the mortgage term you will choose. This method of comparing the size of the mortgage and other debts and costs ... Find Out More

Mortgage Calculator Mortgage Calculator - Use this calculator to find out how much a fixed-rate mortgage will cost. Also find out the monthly payment of the mortgage you are considering. In other words, the calculator helps you understand the amortization of a fixed-rate mortgage.

Use the calculator to evaluate different mortgage options. These options include monthly payment amount, interest rate, mortgage term (length of time to repay the mortgage), and prepayments. For ... Find Out More

Mortgage Payoff Calculator Mortgage Payoff Calculator - Mortgage Payoff Calculator ...coming soon ... Find Out More

Mortgage Qualifier Calculator Mortgage Qualifier Calculator - Use this calculator to find out what price house you can qualify for a mortgage for. The calculator will tell you the total cost of the mortgage over its lifespan, both in terms of the actual costs of the home, and the actual costs of buying a house, including tax and closing costs. The calculator lets you see the total monthly payments, and what proportion of ... Find Out More

Mortgage Refinance Interest Savings Calculator Mortgage Refinance Interest Savings Calculator - Use this calculator to see whether refinancing your mortgage will save you enough money to be worth it. You can plug in different values for the loan amount, interest rate, term, and closing costs. See how much each one will affect what you have to pay.

Get the bigger picture when you see your PITI. PITI stands for payments, interest, taxes, and insurance. These ... Find Out More

Mortgage Tax Savings Calculator Mortgage Tax Savings Calculator - Use this calculator to see how much of a tax deduction you will get from your mortgage interest. As you've probably heard, the interest you pay on a mortgage is tax-deductible. This tax deduction goes a long way toward making buying a house more affordable for many people. Of course, it's not 100% straightforward. The higher your income tax bracket--i.e., the more of your income you are paying in ... Find Out More

Rent vs Buy Calculator Rent vs Buy Calculator - Use this calculator to find out whether renting housing or buying it will be cheaper. The calculator looks at the total cost of homeownership and your ability to pay. On the side of mortgages, it looks at property tax and insurance, mortgage interest tax deductions, home appreciation or depreciation, years of ownership, and the mortgage term you will choose. On the side of rent, it looks at rent increases ... Find Out More

Required Income Mortgage Calculator Required Income Mortgage Calculator - Use this calculator to find out what annual income you would need to qualify for a particular mortgage. The calculator looks at factors in the mortgage itself: the interest rate, the mortgage amount, and the mortgage term (how long the mortgage will last). It also looks at factors affecting your ability to pay: your indebtedness, property taxes, and insurance.

You can use the calculator to ... Find Out More