Mortgage & Financial Calculators

• Renting vs. Buying Calculator - This caclulator compares the cost of renting versus the real cost of buying a home, including the often underestimated benefit of mortgage interest tax deductions.

• Home Affordability Caclulator - This calculator estimates the most expensive house you can buy based on the highest payment you can afford, but does not indicate whether you would qualify for the loan.

• Mortgage Qualification Calculator - This calculator estimates the most expensive house you can buy based on both your total monthly gross income and your monthly fixed debt expenses.

• Fixed Rate Mortgage/Loan Calculator - This calculator computes the payments (principal and interest) for a fixed rate loan, using monthly interest compounding and monthly payments.

• Variable Rate Mortgage/Loan Calculator - This calculator computes the estimated payments and interest for an adjustable rate loan, where the rate increases by the maximum amount allowed at each interval until it reaches the rate cap.

• Advanced Loan Calculator - This calculator computes any one of the following given the others: the home price, number of payments, payment amount, or interest rate.

• Loan Comparison Calculator - This calculator will help you compare the total cost of any two or three loans. This analysis includes the effect of a tax deduction for interest.

• Refinance Calculator - This calculator shows whether the amount you saved in interest refinanced over the length of stay exceeds the cost of refinancing itself.

• Debt Consolidation Calculator - This calculator determines the advantage or disadvantage of consolidating various loans and credit card debt.

• Extra Payment Calculator - This calculator computes the monetary advantage to paying extra principal with your payments.