Mortgage Calculators

This calculator will compute your Total Monthly Mortgage Payment, which consists of Payment, Interest, Taxes and Insurance (a.k.a. PITI), and Loan to Value Ratio (LTV) based on the property value, loan amount borrowed, loan term and annual interest rate. You can also specify to calculate annual property taxes and insurance.

Mortgage Payment Amortization

This calculator will compute your Monthly Payment, the Total Interest you will pay over the term of the loan plus the total amount you will actually pay for borrowing the money. Simply input your information in to the required field. You can check "Show Amortization Schedule" box to see a breakdown of payments.

Tax Benefits of Buying a Home

This calculator estimates the tax benefit of buying a home. Input your loan parameters and the month you purchased the home. Since home interest and points are captured in itemized deductions, please estimate your Schedule A itemized deductions. Your itemized deductions including your mortgage deductions will be compared to your standard deduction to calculate the tax benefit of purchasing your home. Unless stated otherwise, all fields above are on an annual basis.

APR ARM Loan Calculator?

This APR Calculator can be used to estimate the Annual Percentage Rate for an Adjustable Rate Mortgage based on input parameters. The ARM parameters (Initial Rate, Index, Margin) are neccessary to compute the APR. There are various ways that companies compute APR. Mortgage Company Fees may include Appraisal, Credit Report, Processing, Document Preparation, Administration, Underwriting, Flood Certificate, Tax Service, Wire Transfer, and other fees. (This APR Calculation assumes 15 days of Prepaid Interest)

APR ARM Payment Calculator?

This ARM Calculator can be used to compute your initial payments and estimate your future payments. The ARM parameters (Initial Rate, Index, Margin) are necessary for this calculator. The current version of this calculator only computes your first interest rate change to the fully indexed interest rate. (Index plus Margin)

APR Loan Calculator?

This APR Calculator can be used to estimate the Annual Percentage Rate for a loan based on input parameters. There are various ways that companies compute APR. Mortgage Loan Fees may include Appraisal, Credit Report, Processing, Document Preparation, Administration, Underwriting, Flood Certificate, Tax Service, Wire Transfer, and other fees. (This APR Calculation assumes 15 days of Prepaid Interest)

How Much Can I Afford?

You can use this calculator as a guide to determine what the mortgage companies will allow you to borrow and how much will you save on taxes. There are a lot of factors, of course, which will ultimately determine what your bank or mortgage company will allow you to borrow, but gross income and current debt payments are the most heavily weighted qualifiers.