Mortgage Calculators

How much . . . ? Which is the best . . . ? Should I . . . ? The loan calculators available on this page will help answer those questions for you in the privacy of your home.

The results obtained through the following calculators should be considered to be estimates.* When in doubt, always consult with a professional.

See also the Debt Management Calculators below.

Home Buyer Calculators

• How much will my payments be?—includes amortization table—A mortgage loan calculator that provides the total mortgage payment, including applicable finance charges, hazard insurance, and property taxes (PITI), and PMI when applicable.
  
  
• Should I pay points to lower my interest rate?—Calculate how much points affect your monthly payments and how quickly they will pay for themselves.
  
  
• What if I pay more each month?—See how quickly your principal will be paid off with this loan calculator and how the total interest will be reduced when you pay just a little more each month.
  
  
• What is the REAL APR for that loan?—This calculator estimates your real APR (Annual Percentage Rate) with points and fees.
  
  
• How much can I borrow?—Do you need to know how much money you must earn to purchase the house of your dreams? Use this calculator to calculate the amount you can afford from the lender's point of view.
  
  
• Which loan is better?—Can't decide which loan offer is better? Input your numbers here and compare loans side-by-side.
  
  
• How much lower will my payments be with an interest-only loan?—Housing market moving up too fast? Figure out how much you can afford with this interest only mortgage loan calculator.
  
  
• How much more quickly will my equity increase with a Bi-Weekly loan?—You heard that bi-weekly payments can significantly decrease the time of mortgage payoff? Check it out with this calculator.
  
  
• What are the tax benefits of home ownership?—This calculator will calculate your tax savings after a house purchase. Financial analysis includes first year as well as total tax savings.
  
  
• Am I really better off buying instead of renting?—Still renting an apartment and thinking about a home purchase? This calculator can help you make the final decision.

Debt Management Calculators

The following calculators will help you work out a debt reduction strategy to keep more of your income for the things that matter most to you.

• Should I refinance?—Is your old APR (Annual Percentage Rate) too high? Estimate the benefits of refinancing using this calculator. Suggestion: If you are considering your refinancing options (this one, the HELOC or an equity loan), compare them using the "Which loan is better" calculator above.
  
  
• Should I use a HELOC to lower my debt payments?—Among the most useful refinancing loan calculators, this one will help you learn how you can cut current monthly debt payments using money from your HELOC. Suggestion: If you are considering your refinancing options (this one, the refinance option or an equity loan), compare them using the "Which loan is better" calculator above.
  
  
• What is the real cost of paying off my credit cards with minimum payments?—This credit card minimum payment calculator will help you calculate the time and cost if you only make the minimum monthly payment on your credit cards.
  
  
• How Can I Pay Off My Credit Card Debt Sooner?—Calculate how long it will take you to pay off your credit card debt with the amount you pay now, and how much you would have to pay every month to eliminate credit card debt even sooner.

* A number of the variables that will be used in the calculations are estimates. The final result of the calculation
   will therefore also be an estimate. When in doubt, always consult with a professional.