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Mortgage Calculators

Mortgage Calculators

Preparing for homeownership is exciting! Whether you are a first-time home buyer or considering a mortgage refinance, our mortgage calculators can tell you exactly what you need to know to make the right decisions. Find out now.

What home can I afford?Go Now

Enter your desired down payment and monthly loan payment to estimate the purchase price and loan amount you will likely be able to afford.

How much will my mortgage payments be?Go Now

Use this calculator to learn how much your monthly fixed rate mortgage payments will be based on loan amount, interest rate and loan term.

How much will my adjustable rate payments be?Go Now

Calculate your monthly payment for an adjustable-rate mortgage loan, given a certain loan amount and loan terms.

How much can I borrow?Go Now

Enter income, debt and desired loan terms for a range of loan amounts based on conservative and aggressive underwriting and various down payments.

Which is better: fixed or adjustable? Go Now

Compare the monthly mortgage payment for a fixed and adjustable-rate mortgage using their respective interest rates and loan terms.

Should I pay points to lower the rate?Go Now

Learn if paying additional mortgage points in exchange for a lower interest could save you money over the long term.

Which is better: 15- or 30-year term loan? Go Now

Compare monthly payments for longer and shorter loan terms to determine which option is the better deal for you.

How much should I put down for a new home?Go Now

Enter loan terms, costs and number of years before you plan to sell to determine if a higher down payment could save you money.

How much can I save in taxes?Go Now

Calculate your average yearly tax savings on a mortgage loan and calculate your after-tax interest rate on the loan.

Am I better off renting?Go Now

Determine whether buying a home is a better deal than renting. Based on expenses for each, in some cases, renting is cheaper.

Am I better off refinancing? Go Now

Enter your current loan terms and the refinance terms that you are considering to calculate whether a mortgage refinance is in your best interest.

How can I reduce mortgage insurance costs? Go Now

Learn how much you can reduce your mortgage insurance costs by increasing your down payment by 5, 10 or 15 percent.

Which loan is better? Go Now

Compare all the terms for two loans to determine which is the better deal. Compare two fixed rate or adjustable rate loans, or one of each.

How advantageous is making extra payments?Go Now

Calculate the savings in interest you could realize by making prepayments for a given set of loan terms. Learn how much earlier you will pay off the loan.

Is my private mortgage insurance deductible?Go Now

Based on your income and when you purchased your home, your mortgage insurance premiums may be tax deductible. Learn if you qualify.

Am I eligible for the first-time homebuyer credit?Go Now

Depending on your income and when you purchase your new home, you may be eligible for this refundable tax-credit even if you are not a first-time buyer.

What is the annual percentage rate (APR) on my mortgage?Go Now

APR includes mortgage interest rate plus fees such as points and origination fees. Use this calculator to determine true costs over the life of a loan.





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