Purchase price

Please enter here the amount you expect to pay for a home.

Down payment

Down payment is cash that you pay upfront for your home.

Term in years

Number of years you have to pay.

year(s)

Interest rate (per year)

The percentage of interest that you will pay on your mortgage for a specific term.

Property Tax

Enter your property tax here if you know it.

per year

Home Insurance

Most lenders require home insurance. Enter its price here.

per year

PMI

PMI is Private Mortgage Insurance which is usually required to pay if your Down payment less than 20%.

Payment/Amortization
Calculate your monthly payment and see how the principal is paid over time.

Rent vs. Own
Calculate the difference between renting and buying a home.

Annual Percentage Rate (APR)
Calculate the APR for fixed-rate or adjustable-rate loans.

Debt Consolidation
Determine if you can consolidate your debt by combining it with your home mortgage.

Prepayment Savings
Find out how soon you can pay off your mortgage by making a prepayment.

Early Payoff
Determine the additional monthly payment amount needed to pay off the loan sooner.

Refinance Break-Even Point
Find out how long it will take to “break-even” on a refinanced loan.

Tax Savings
Determine the estimated tax savings with a new loan.

Mortgage Calculator