Use our tools to prepare for one of the most exciting times in your life
Use our tools to prepare for one of the most exciting times in your life
Disclaimer: Every home loan is different and the terms of your note or the terms of the loan you are searching for may use a different method of calculating your mortgage payment than the calculators above. This tool is provided purely for comparative reasons and may / may not reflect the actual payments of your loan. It is imperative you consult with a mortgage professional or your existing lender for exact payment figures. We are not responsible for any typographical errors, omissions or mistakes. Not every applicant qualifies nor is every program available for each unique borrower.
Rent vs. buy calculator
Rent vs. Buy Calculator by MortgageLoan.com
This calculator can help you to compare the costs of renting to the costs of buying a home. Because there are other factors to consider, (interest, property taxes, tax savings, appreciation, opportunity costs, closing costs, selling costs, etc.) it is complicated to compare the cost of renting to the cost of buying. This calculator attempts to take all of these factors into consideration in order for you to make an informed decision.
Interest only calculator
Interest Only Calculator by MortgageLoan.com
What is an Interest Only Loan? An Interest-Only loan is a home loan program where you have an option to make “interest-only” payments for a defined period of the loan. The term “interest-only” does not mean not mean a consumer will never have to repay the principal amount of the loan. Usually there is a term in which you will pay only interest. After that term, you would then have to pay both interest and principle. Interest only loans generally use a variable interest rate.
Mortgage payment calculator
Mortgage Payment Calculator by MortgageLoan.com
Compute your monthly payment amount based on the principal amount borrowed, the length of the loan and the annual interest rate. Estimate your total mortgage payment including property tax, property insurance and PMI (Private Mortgage Insurance). Use the Amortization Schedule button to create a printable report.
Should I refinance?
Should I Refinance Calculator by MortgageLoan.com
Tax benefits calculator
Tax Benefits Calculator by MortgageLoan.com
How much house you can afford
How Much Income Do I Need by MortgageLoan.com