Mortgage & Financing Calculators
Choosing the right mortgage can save tens of thousands of dollars over the life of your loan. Interest rates, loan terms, down payment amounts, and various loan products all affect your total cost of borrowing. These calculators help you compare options and make informed financing decisions.
Monthly payment calculations are just the starting point. Amortization schedules show how payments split between principal and interest over time. Extra payment analysis reveals how additional payments accelerate payoff and reduce total interest. Refinance calculators determine break-even points when rates drop.
Different loan products serve different situations. Fixed-rate mortgages provide payment stability. Adjustable-rate mortgages (ARMs) offer lower initial rates with future uncertainty. Interest-only loans minimize early payments at the cost of delayed equity building. These calculators help you understand the tradeoffs.
All Financing Calculators
Mortgage Calculator
Calculate monthly mortgage payments including principal, interest, property tax, insurance, and PMI. See total interest over the loan term and full amortization schedule.
Amortization Calculator
Generate detailed amortization schedules showing principal and interest breakdown for each payment. See how the balance decreases over time and total interest paid.
Refinance Calculator
Calculate refinance savings and break-even timeframes. Compare your current loan against refinance options including closing costs and monthly payment changes.
PMI Calculator
Calculate private mortgage insurance costs based on loan amount and LTV ratio. See when PMI drops off and total PMI paid over the coverage period.
Biweekly Mortgage Calculator
Calculate savings from biweekly payment schedules versus monthly. Biweekly payments result in one extra monthly payment per year, accelerating payoff.
Home Equity Loan Calculator
Calculate home equity loan payments and available equity. See how second liens affect your total monthly housing payment and equity position.
HELOC Calculator
Estimate HELOC payments during draw and repayment periods. Understand how variable rates affect payments on home equity lines of credit.
Which Calculator Should You Use?
Getting a new mortgage? Start with the Mortgage Calculator for monthly payments. Use the Amortization Calculator to see the payment breakdown over time.
Considering refinancing? The Refinance Calculator shows savings and break-even points.
Accessing home equity? Compare Home Equity Loans versus HELOCs for your situation and needs.