Mortgage Calculators

Mortgage Calculators:

Mortgage calculators are very useful in determining the costs associated with buying a home or refinancing. Using mortgage calculators is a VERY good practice.

• Mortgage Loan Calculator
  This calculator is used to determine your monthly payment and amortization schedule.
• Mortgage Point Calculator
  Should you buy points? This calculator should be used to find out if buying points is a good idea.
• 15 vs. 30 Year Mortgage Calculator
  This calculator is used to compare these two mortgage terms to help you decide which term is better for you.
• Adjustable Rate Mortgage Calculator
  This calculator helps you to determine what your adjustable mortgage payments will be.
• Mortgage APR Calculator
  This calculator is used to find the APR on your mortgage.
• Mortgage Tax Savings Calculator
  Use this calculator to determine how much your mortgage could save you in income taxes. Interest and points paid for a home mortgage are tax deductible
• Balloon Mortgage Calculator
  Balloon mortgages can be an excellent option for some home buyers. Use this calculator to see if a balloon mortgage fits your needs.
• ARM vs. Fixed Rate Calculator
  This calculator helps you to determine what your adjustable mortgage payments will be.
• Interest Only Mortgage Calculator
  Use this calculator to generate an amortization schedule for an interest only mortgage.

Budget

• Mortgage Qualifier Calculator
  Can you buy your dream home? Find out just how much home you can afford!
• Required Income Calculator
  Use this calculator to determine how much income you need to qualify for a mortgage and how different interest rates affect your required income.
• Maximum Mortgage Calculator
  Use this calculator to determine your maximum mortgage and how different interest rates affect your how much you can borrow.
• Mortgage Payoff Calculator
  Save thousands of dollars in interest by increasing your monthly mortgage payment.
• Biweekly Payment Calculator
  Bi-weekly payments can accelerate your mortgage payoff and save you thousands in interest. Use this calculator to compare a typical monthly payment schedule to an accelerated bi-weekly payment.
• Rent vs. Buy Calculator
  Are you better off buying your home, or should you continue to rent?

Refinance

• Refinance Interest Savings Calculator
  Use this calculator to see how much interest you can save by refinancing your mortgage!
• Refinance Breakeven Calculator
  Should you even refinance your mortgage? Use this calculator to determine when considering the closing costs associated to a mortgage, how long will it take you to breakeven!