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Mortgage Calculators

Rates and Payments Research

  • Monthly Payment – Calculate your payment and amortization schedule.
  • Compare Terms – Compare multiple terms for a given principal and rate. For example, see the difference between a 15 year and a 30 year mortgage.
  • Compare Rates – See how changes in your rate affect your payment for a given principal and term.
  • Mortgage APR – Find the APR on a fixed rate mortgage.
  • Balloon Payment – A balloon mortgage can reduce your monthly payments but may require refinancing at the end of the term.
  • Interest Only – Compare monthly payment amounts for an interest-only mortgage and a principal-interest mortgage.
  • Adjustable Rate Mortgages – Determine monthly payments and the effective interest rate (APR) for an ARM.

Budgeting Decision Tools

  • Mortgage Qualifier – Find out if you qualify for a given mortgage and just much you can afford, then create an amortization schedule.
  • Payment Range – Plug in a high and low figure for a payment and see how it translates to a mortgage.
  • Mortgage Payoff – Save thousands of dollars in interest by increasing your monthly mortgagepayment.
  • Bi-weekly Payments – Discover how much in interest 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.
  • Mortgage Tax Savings – Estimate the tax savings you’ll realize by deducting interest and property tax payments.

Analysis For Renters

  • TaxSavings for Renters – Find out how much someone currently renting can save in taxes this year if they decide to purchase a home.
  • Rent vs. Buy – Factor in things such as interest, property taxes, tax savings, appreciation, opportunity costs, closing costs, and selling costs to see the real difference in renting versus buying.
  • Renter Affordability – Based on your current rent, find out how much of a mortgage you could afford.


  • Refinance Savings and Break-even – Should you refinance your mortgage? Use this calculator to determine what your new payment will be, how much you’ll save in interest and when you will break even.
  • Consolidate and Refinance – Should you consolidate a first and second mortgage into a single mortgage?