Mortgage Calculators
Our Mortgage Calculators are tools to provide you with precise calculations for your loan. Should you need to refinance? What is my APR for a fixed or adjustable rate mortgage? Should I consolidate my debt? These calculators will help you answer these questions and more. If you need help with the calculators or would prefer a loan advisor to guide you through the calculations, call us at call us at 1-877-256-5681.
Payment / Amortization
The Payment / Amortization calculator can help you compare what your monthly payment would be for fixed-rate or adjustable-rate loans. It also allows you to determine the breakdown between principal and interest in payments over the loan term.
Rent vs. Own
Buying a home often can provide substantial savings for the long term over renting. Our Rent vs. Own calculator lets you calculate exactly what the difference would be between renting a property and buying a home, based on exact criteria that you specify.
Annual Percentage Rate (A.P.R.)
This calculator allows you to calculate A.P.R. for fixed-rate or adjustable-rate loans, as defined by the Federal Truth in Lending Act.
Debt Consolidation
Consolidating your debt in a single low-interest loan can save on interest payments and speed the process of paying off debts. This calculator will help you determine how much you can save by consolidating.
Prepayment Savings
Paying off some or all of your loan early can save you a considerable amount of money. This calculator shows you how much sooner you can pay off your loan by making extra mortgage payments, and how much you will save.
Early Payoff
Making additional principal payments each month can allow you to pay off your mortgage faster. The Early Payoff calculator assists you in determining the amount of additional principal payments needed per month to payoff your loan in a shorter period of time.
Refinance Break-Even Point
This calculator will help you determine the length of time until break-even on a refinance loan (how long it will take for the payment savings to offset the closing costs paid), factoring in the new interest rate and closing costs.
Tax Savings
For most people, securing a loan to purchase a home will result in substantial tax savings. Using this calculator, you can determine your estimated annual tax savings over a period of years, based on your loan amount, interest rate, federal tax rate, and other factors.
