Mortgage Qualification Calculator This calculator will help you to determine how much house you can afford and/or qualify for.
Mortgage Affordability Calculator This calculator will estimate the size of a mortgage you could afford based on the size of your monthly rent payment, the down payment you could afford, and on the anticipated property taxes and homeowner's insurance.
Mortgage Payment Calculator w/ Amortization This calculator will compute a mortgage's monthly payment amount based on the principal amount borrowed, the length of the loan and the annual interest rate. This calculator will also compute your total mortgage payment which will include your property tax, property insurance and PMI payments. Then, once you have computed the monthly payment, click on the "Create Amortization Schedule" button to create a report you can print out.
Rate Comparison Calculator This calculator will help you compare monthly payments and interest costs of home mortgages at up to five interest rates simultaneously.
Term Comparison Calculator This calculator that will help you compare monthly payments and interest costs of home mortgages at various loan term lengths.
Bi-Weekly Payment Calculator This calculator will show you how much you will save if you make 1/2 of your mortgage payment every two weeks instead of making a full mortgage payment once a month. In effect, you will be making one extra mortgage payment per year -- without hardly noticing the additional cash outflow. But, as you're about to discover, you will certainly notice the "increased" cash flow that will occur when you pay your mortgage off way ahead of schedule!
Payoff Goal Calculator This calculator will show you the additional monthly payment you will need to make on your current mortgage in order to pay it off within a specified number of years. It will also show you how much interest you will save if you make the calculated additional payment each month, from now until your mortgage is paid off.
Refinancing Calculator This calculator will help you decide whether or not you should refinance your current mortgage at a lower interest rate. Not only will this calculator calculate the monthly payment and net interest savings, but it will also calculate how many months it will take to break even on the closing costs.
Consolidation & Refinancing Calculator This calculator will help you decide whether or not it would be advantageous for you to consolidate a first and a second mortgage and refinance into a single mortgage with a lower interest rate. Not only will this calculator calculate the monthly payment and net interest savings, but it will also calculate how many months it will take to break even on the closing costs.
Rent vs. Buy Calculator This calculator will help you compare the costs of renting to the costs of buying a home. Since there are all kinds of forces at work behind the scenes (interest, property taxes, tax savings, appreciation, opportunity costs, closing costs, selling costs, etc.), comparing the cost of renting to the cost of buying is a lot more complicated than just comparing the monthly mortgage payment to the monthly rent payment. This calculator attempts to forecast the net effects of all the hidden forces so you can make an informed decision.
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