Mortgage Calculators
Affordability Calculators
A mortgage affordability calculator lets you calculate how much it is possible to borrow based on your monthly income before taxes, down payment, mortgage interest rates, your other debt payments (credit cards, car loan, other loans) and life of the mortgage (15 or 30 years).
Mortgage Payment Calculator
Used to calculate estimated monthly payments. Input variables include loan amount, mortgage interest rates and life span of the home loan.
Refinance Calculator
If market rates have lowered considerably since you bought your mortgage, it may be time to refinance. Input includes: balance of your current loan, current property value, location of the home, type of property, length of the loan, current interest rate, closing date of the loan and some other factors.
Mortgage Amortization Calculator
To understand the home loan payments, it is useful to see a breakdown between principal and interest payments on the mortgage. Principal payments do towards paying down the balance of the loan whereas interest payments indicate the cost of borrowing. Inputs include loan amount, interest rate, term of the mortgage, extra payment information and loan starting date.
More mortgage calculator info.
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