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Mortgage Payment
Standard VS BiWeekly
How Much Income Do I Need
Affordability Calculator
Second Loan VS PMI
Tax Benefits Calculator
Should I Pay Points
Should I Use Heloc
Payment Per Thousand
Mortgage Principal
Which Loan Is Better
Should I Refinance
Loan With Interest Only Period
Interest Only Calculator
What Is The Real APR
What If I Pay More
Mortgage Length Calculator
Interest Only With PrePayment
Buy VS Rent Calculator

How Much Will My Mortgage Payment Be?

Input
Loan Info
Amount ($)
Interest (%)
Loan Length (Yrs)
Property Info
Home Value ($)
Taxes and Insurance
Annual Property Taxes
Annual Insurance
Annual PMI
Financial Analysis
Monthly Payment $1,247.74
Monthly Property Taxes $250.00
Monthly Insurance $125.00
Loan to Value 80.000%
Months with PMI 0
Monthly PMI $0.00
Total Monthly Payment $1,622.74

Standard vs Bi-Weekly

Input
Loan Info
Amount ($)
Interest (%)
Loan Length (Yrs)
Your Tax Rates and Deductions
Your Tax Rate (%)
State Tax (%)
Annual Deductions ($)
Financial Analysis
  Standard Bi-Weekly
Loan Length 30 Yrs 0 Mts 24 Yrs 2 Mts
Time Saved 5 Yrs 10 Mts
Monthly Payment $1,247.74 $1,351.72
Total Interest Paid $249,186.33 $192,043.58
Interest Savings $57,142.74
Tax Savings $105,147.76 $82,783.51
Tax Saving Losses $22,364.25
Total Benefits $34,778.49

How Much Income Do I Need to Qualify?

Input
Property Info
Home Value ($)
Loan Info
Downpayment
Interest (%)
Loan Length (Yrs)
Estimated Front Ratio (%)
Estimated Back Ratio (%)
Taxes and Insurance
Annual Property Taxes
Annual Insurance
Annual PMI
Financial Analysis
Monthly Payment $1,403.71
Monthly Property Taxes $250.00
Monthly Insurance $125.00
Loan to Value 90.000%
Months with PMI 93
Monthly PMI $93.75
Total Monthly Payment $1,872.46
Allowable Debt Payment $1,486.08
Required Income $6,687.35

Affordability Calculator

Input
Loan Info
Downpayment
Interest (%)
Loan Length (Yrs)
Estimated Front Ratio ($)
Estimated Back Ratio ($)
Income DebtPayment
Income 1 ($) Auto Loan ($)
Income 2 ($) Boat/RV ($)
Income 3 ($) Credit Card 1 ($)
Income 4 ($) Credit Card 2 ($)
Income 5 ($) Other Accounts ($)
Taxes and Insurance
Annual Property Taxes
Annual Insurance
Annual PMI
Financial Analysis
Monthly Payment $1,542.40
Monthly Property Taxes $250.00
Monthly Insurance $125.00
Monthly PMI $103.01
Total Monthly Payment $2,020.41
Monthly Income $8,000.00
Monthly Debt Payment $910.00
Actual Front Ratio 25
Actual Back Ratio 37
Amount $247,231.03
Downpayment $27,470.11
Home Value $274,701.15

Affordability Calculator

Input
Loan Info
Downpayment
Interest (%)
Loan Length (Yrs)
Estimated Front Ratio ($)
Estimated Back Ratio ($)
Income DebtPayment
Income 1 ($) Auto Loan ($)
Income 2 ($) Boat/RV ($)
Income 3 ($) Credit Card 1 ($)
Income 4 ($) Credit Card 2 ($)
Income 5 ($) Other Accounts ($)
Taxes and Insurance
Annual Property Taxes
Annual Insurance
Annual PMI
Financial Analysis
Monthly Payment $1,542.40
Monthly Property Taxes $250.00
Monthly Insurance $125.00
Monthly PMI $103.01
Total Monthly Payment $2,020.41
Monthly Income $8,000.00
Monthly Debt Payment $910.00
Actual Front Ratio 25
Actual Back Ratio 37
Amount $247,231.03
Downpayment $27,470.11
Home Value $274,701.15

Tax Benefits Calculator

Input
Property Info
Home Value ($)
Years Before Sell (Yrs)
Loan Info
Amount ($)
Interest (%)
Loan Length (Yrs)
Points (%)
Taxes and Insurance
Annual Property Taxes
Annual Insurance
Annual PMI
Your Tax Rates and Deductions
Your Tax Rate (%)
State Tax (%)
Annual Deductions ($)
Financial Analysis
Amount Financed $198,000.00
Monthly Payment $1,247.74
Monthly Property Taxes $250.00
Monthly Insurance $125.00
Months with PMI 0
Monthly PMI $0.00
Total Monthly Payment $1,622.74
  First Years Total
Interest and Points $63,814.88 $251,186.33
Total Property Taxes $15,000.00 $90,000.00
Total Annual Deductions $15,000.00 $90,000.00
Total Deductions $93,814.88 $431,186.33
Tax Savings $29,082.61 $133,667.76
Average Payment After Taxes $763.03 $876.44

Should I Pay Points to Lower Interest Rate?

Input
Loan Info
Amount ($)
Interest (%)
Interest with Points (%)
Loan Length (Yrs)
Additional Info
Points (%)
Savings Rate (%)
Financial Analysis
  Without Points With Points
Amount Financed $200,000.00 $198,000.00
Monthly Payment $1,247.74 $1,167.15
Monthly Payment Savings $80.59
Points Value $2,000.00
Monthly Investment Savings $8.33
True Monthly Savings $72.26
Break Even 2 Yrs 4 Mts

Should I Use HELOC to Lower Debt Payments?

Input
Loan Info
Interest (%)
Loan Length (Yrs)
Closing Cost ($)
Your Tax Rate (%)
Auto Loan Amount ($) Payment ($) Interest (%)
Auto Loan
Boat Loan
Credit Card 1
Credit Card 2
Other Accounts
Financial Analysis
  Debt HELOC
Debt Amount $9,000.00
Monthly Payment $910.00 $56.15
Average Interest Rate 12.933% 6.375%
Payoff Timeline 0 Yrs 11 Mts 30 Yrs 0 Mts
Total Monthly Payment $9,567.93 $20,213.38
Total Deductible Interest $0.00 $11,213.38
Average Annual Tax Savings $0.00 $97.18

Payment per $1,000

Input
Loan Info
Amount ($)
Interest (%)
Loan Length (Yrs)
Additional Info
Origination Fees (%)
Points (%)
Other Loan Fees ($)
Financial Analysis
Total Closing Cost $4,000.00
Total Monthly Payment $449,186.33
Total Cost of Loan $453,186.33
Payment per $1,000 $6.29
Annual Payment per $1,000 $75.53
Life-Time Payment per $1,000 $2,265.93

Mortgage Principal Calculator

Input
Loan Info
Amount ($)
Interest (%)
Loan Length (Yrs)
Months Already Paid
Months Paid (Mts)
Financial Analysis
Remaining Balance $186,950.49

Which Loan is Better?

Input
  Loan 1 Loan 2
Amount ($)
Interest (%) (%)
Loan Length (Yrs) (Yrs)
Points (%) (%)
Origination Fees (%) (%)
Closing Cost ($) ($)
Financial Analysis
  Loan 1 Loan 2
Monthly Payment $2,000.00 $3,000.00
Origination Fees $1,000.00 $1,250.00
Total Closing Cost $4,200.00 $4,950.00
Amount Financed $198,000.00 $197,000.00
Monthly Payment $1,235.26 $1,149.64
Total Monthly Payment $444,694.46 $413,869.87
Total Savings $0.00 $30,824.59

Should I Refinance?

Input
Loan Info
Amount ($)
Interest (%) (%)
Loan Length (Yrs) (Yrs)
Months Paid (Mts)
Years Before Sell (Yrs)
Refinansing Fees
Points (%)
Origination Fees (%)
Closing Cost ($)
Your Tax Rates and Deductions
Your Tax Rate (%)
State Tax (%)
Financial Analysis
  Original Loan Refinanced Loan
Monthly Payment $1,247.74 $1,080.08
Total Monthly Payment $74,864.39 $64,804.94
Monthly Payment Savings $10,059.44
Total Interest Paid $56,931.13 $51,409.13
Tax Savings $17,648.65 $15,936.83
Tax Saving Losses $1,711.82
Balance at Refinance $186,950.49
Points Value $1,869.50
Amount Refinanced $185,080.98
Balance at Sale $169,017.23 $171,685.17
Balance Losses $2,667.94
Total Losses $4,379.76
Total Closing Cost $4,004.26
Total Benefits $1,675.43

Mortgage Loan with Interest-Only Period Calculator

Input
Loan Info
Amount ($)
Interest (%)
Loan Length (Yrs)
Additional Info
Interest-Only Period (Yrs)
Years Before Sell (Yrs)
Financial Analysis
  Standard With Interest-Only
Interest-Only Payment - $1,062.50
Monthly Payment $1,247.74 $1,295.19
Payments During Interest-Only Period $44,918.63 $38,250.00
Average Period Payments $1,247.74 $1,155.58
Total Monthly Payment $74,864.39 $69,334.64
Total Interest Paid $61,814.88 $63,395.14
Interest Savings $1,580.27 $0.00
Balance at Sale $186,950.49 $194,060.50

Interest-Only Calculator

Input
Loan Info
Amount ($)
Interest (%)
Loan Length (Yrs)
Financial Analysis
Monthly Payment $1,062.50
Total Monthly Payment $382,500.00

What is the Real APR for that Loan?

Input
Loan Info
Home Value ($)
Interest (%)
Loan Length (Yrs)
Downpayment
Additional Info
Origination Fees (%)
Points (%)
Other Loan Fees ($)
Financial Analysis
Downpayment $25,000.00
Amount Financed $225,000.00
Monthly Payment $1,403.71
Points Value $2,500.00
Origination Value $1,250.00
Other Loan Fees $1,000.00
Total Closing Cost $4,750.00
Actual APR 6.580%

What if I'll Pay More?

Input
Loan Info
Amount ($)
Interest (%)
Loan Length (Yrs)
Additional Payment
Additional Payment ($)
Financial Analysis
  Original Loan Additional Payment
Monthly Payment $1,247.74 $1,297.74
Total Monthly Payment $449,186.33 $419,169.95
Monthly Payment Savings $30,016.37
Loan Length 30 Yrs 0 Mts 26 Yrs 11 Mts
Time Saved 3 Yrs 1 Mts

Mortgage Length Calculator

Input
Loan Info
Amount ($)
Interest (%)
Loan Length (Yrs)
Considered Monthly Payment
Considered Monthly Payment ($)
Financial Analysis
Original Monthly Payment $1,247.74
New Monthly Payment $1,300.00
New Loan Length 26 Yrs 9 Mts

Interest-Only with PrePayments Calculator

Input
Loan Info
Amount ($)
Interest (%)
Loan Length (Yrs)
Additional Payment ($)
Financial Analysis
  Interest-Only With Prepayments
Average Period Payments $1,062.50 $1,064.82
Months Paid 360 360
Total Monthly Payment $382,500.00 $383,335.31
Total Interest Paid $382,500.00 $365,335.31
Interest Savings $17,164.69
Remaining Balance $200,000.00 $182,000.00
Total Principal Paid $18,000.00

Should I Buy or Rent?

Input
Rent Info
Monthly Rent ($)
Annual Rent Increase (%)
Property Info
Home Value ($)
Annual Maintainance ($)
Annual Appreciation (%)
Years Before Sell (Yrs)
Selling Cost (%)
Loan Info
Amount ($)
Interest (%)
Loan Length (Yrs)
Points (%)
Annual PMI
Taxes and Insurance
Your Tax Rate (%)
Annual Property Taxes
Annual Insurance
Financial Analysis
  Rent Buy
Downpayment $0.00 $50,000.00
Taxes and Insurance $0.00 $22,500.00
Total PMI $0.00 $0.00
Total Maintainance $0.00 $6,000.00
Total Payments $59,676.82 $155,864.39
Average Period Payments $994.61 $2,597.74
Rent Savings $96,187.57 $0.00
Tax Savings $0.00 $16,071.87
Total Rent Savings $80,115.70
House Appreciation $289,818.52
Proceeds Minus Cost $272,429.41
Remaining Balance $186,950.49
Equity Appreciation $85,478.92
Home Purchase Benefit $5,363.22

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