Mortgage Refinance Calculator

Using Calculator

How could refinancing my mortgage affect my payment or payoff time? Use this calculator to help determine if you should refinance your mortgage. Enter your current mortgage principal and interest payment, your current mortgage balance, the new interest rate, term of the refinanced loan, points and closing costs. This calculator will then show you the … Read more

Mortgage PITI Calculator

Using Calculator

How much will my actual mortgage payment be, including taxes and insurance? Calculate the monthly payments for a mortgage including principal, interest, taxes and insurance (PITI). Enter your sale price, down payment, the interest rate and the term of the loan. This calculator will then show you the monthly principal and interest payment, the total … Read more

Mortgage Qualification Calculator

Using Calculator

What home price can I afford? Use this calculator to help you determine the most expensive house you would qualify for. Enter your monthly income, all monthly debt expenses (credit card payments, car payments, loan payments, and any other expenses), and information about your mortgage (down payment amount, loan term, interest rate, property tax rate, … Read more

Interest-Only Mortgage Payment Calculator

Using Calculator

How much will my payments be with an interest-only mortgage? Calculate the payment amount for an interest-only mortgage loan. An interest-only loan pays no principal in the early years of the loan then converts to a traditional amortized loan for the remainder of the mortgage length. The payments are lower during the interest-only period since … Read more

Balloon Payment Calculator

Using Calculator

How much will my monthly payments and payoff amount be with a balloon mortgage? Calculate the monthly payments for a balloon mortgage loan. Enter your sale price, any down payment you’re making, the interest rate, the length of balloon payments, and the amortized length used to calculate the monthly payment. This calculator will then show … Read more

Debt to Income Ratio is Important to Lenders – Debt Ratio

Using Calculator

What is my debt to income ratio or debt ratio? Calculate your debt to income ratio or what percentage of your monthly income is used to pay fixed monthly costs. Enter your monthly income, monthly rent or mortgage expense, and other monthly expenses. This calculator will then show you your debt to income ratio which … Read more