34 calculators

Mortgage Calculators

Run the numbers on home loans — payments, refinancing, points, ARMs and the rent-versus-buy question.

A mortgage is built from a handful of moving parts — price, down payment, rate, term and the taxes and insurance folded into the payment. These calculators let you change one at a time and watch the monthly cost and lifetime interest respond, so a "should I?" question becomes a number you can compare.

Start by sizing the payment and what you can afford, then use the focused tools — refinance break-even, 15- vs 30-year, points, PMI, extra payments — to pressure-test the specific decision in front of you.

Read the complete mortgage guide
All 34 mortgage calculators
15 vs. 30 Year Mortgage Use this calculator to compare these two mortgage terms, and let us help you decide which term is better for you. 20 vs. 30 Year Mortgage Use this calculator to compare these two mortgage terms, and let us 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. APR Calculator for Adjustable Rate Mortgages Use this calculator to find the APR on your adjustable rate mortgage. APR Mortgage calculator Use this calculator to find the APR on your mortgage. ARM & Interest Only ARM vs. Fixed Rate Mortgage Use this calculator to compare a fixed rate mortgage to two types of ARMs, a Fully Amortizing ARM and an Interest Only ARM. ARM vs. Fixed Rate Mortgage Use this calculator to compare a fixed rate mortgage to a Fully Amortizing ARM. Balloon Mortgage Calculator A balloon mortgage can be an excellent option for many home buyers, use this calculator to see if a balloon mortgage might fit your needs. Biweekly Mortgage Calculator Using biweekly payments can accelerate your mortgage payoff and save you thousands in interest. Use this biweekly mortgage calculator to compare a typical monthly payment schedule to an accelerated biweekly payment. Biweekly Mortgage Payment Calculator for an Existing Mortgage This calculator shows you the possible savings by starting to pay your existing mortgage with biweekly payments, instead of monthly payments. Blended Rate Mortgage Calculator This calculator helps you determine the effective, or blended, interest rate you would pay if you use a first and a second mortgage to finance the purchase of a home. Combination Mortgage Calculator Use this calculator to compare one mortgage with combination financing that consist of a first and second mortgage. FHA Loan Calculator Use this calculator to determine your FHA loan amount and how much cash needed for to complete the home purchase.. Fixed Rate Mortgage vs. Interest Only Mortgage Use this calculator to compare a fixed rate mortgage to Interest Only Mortgage. Fixed Rate Mortgage vs. LIBOR ARM Use this calculator to compare a fixed rate mortgage to a LIBOR ARM. Home closing cost calculator Use this calculator to help estimate the total cost to purchase a home. Home Rent vs. Buy Calculator Are you better off buying your home, or should you continue to rent? Interest Only ARM Calculator Interest only mortgages can provide you with very low monthly payments, however you are not paying off any principal during the interest only period. Interest Only Mortgage Calculator Use this calculator to generate an amortization schedule for an interest only mortgage. Maximum Mortgage Calculator Use this calculator to determine your maximum mortgage and how different interest rates affect how much you can borrow. Mortgage Calculator Use this calculator to determine your monthly mortgage payment and amortization schedule. Mortgage Calculator with PMI Use this calculator to determine your total monthly mortgage payment including and estimated amount for Private Mortgage Insurance (PMI). Mortgage Calculator with Taxes and Insurance Use this calculator to determine your monthly mortgage principal, interest, taxes and insurance payment (PITI) and amortization schedule. Mortgage Debt Consolidation Calculator This calculator is designed to help determine whether using a mortgage to consolidate your debt is right for you. Mortgage Payoff calculator Save thousands of dollars in interest by increasing your monthly mortgage payment. Mortgage Points Calculator Should you buy points? Use this calculator to find out. Mortgage Qualifier Calculator Can you buy your dream home? Find out just how much you can afford! Mortgage Refinance Calculator Should you refinance your mortgage? Use this calculator to determine when you will break even on a mortgage refinance. Mortgage Required Income Use this calculator to determine how much income you need to qualify for a mortgage and how different interest rates affect your required income. Mortgage Tax Savings Calculator Interest and points paid for a home mortgage are tax deductible. Use this calculator to determine how much your mortgage could save you in income taxes. Option ARM Calculator Use this calculator to see how a minimum payment on an Option ARM Mortgage can save you money on your monthly mortgage payment. Reverse Mortgage Calculator This calculator is specifically designed to show you how the outstanding balance of a reverse mortgage can rapidly grow over a period of time. Seller Closing Cost Calculator Use this calculator to help estimate your closing costs and net proceeds from the sale of a home. Should I Refinance Calculator Use this calculator to see how much interest you can save by refinancing your mortgage!
Calculator FAQ
Do these mortgage calculators include taxes and insurance?

Some do. The basic mortgage calculator shows principal and interest only; the calculator with taxes and insurance (and the PMI version) adds property tax, homeowners insurance and mortgage insurance for the full monthly payment. Pick the one that matches what you want to see.

How accurate are these mortgage calculators?

They use the same standard amortization math lenders use, so the payment and total-interest figures are reliable planning estimates. Your exact rate, taxes and insurance come from a lender quote, so treat the results as a close estimate, not a final number.

Which mortgage calculator should I start with?

Start with the mortgage calculator for your monthly payment, then the mortgage qualifier to see how much house you can afford. From there, use the focused tools — refinance, points or extra payments — for the specific decision in front of you.