Mortgage and Real Estate Calculators
Most housing decisions come down to one of three questions: can I afford it, is now the time to change my loan, or does this property pay for itself. Start with the question, then pick the tool.
If you are buying, begin with the Home Affordability Calculator to find a price your income supports, then move to the Mortgage Calculator to see the full monthly payment with taxes, insurance and PMI. If you are using a government-backed loan, the FHA and VA calculators add the mortgage insurance or funding fee those programs charge. The Closing Cost Calculator tells you how much cash you need on the day, on top of the down payment. Unsure whether to buy at all? The Rent vs Buy Calculator shows the year the two paths cross.
If you already own, the Mortgage Refinance Calculator finds the month a new loan pays back its closing costs, and the Refinance vs Recast Calculator compares a new loan with a lump-sum paydown on the one you have. Bi-weekly payments and a HELOC are two other ways to use the equity and cash flow you already have. Homeowners 62 and older can estimate a reverse mortgage.
If you are investing, the Cap Rate Calculator gives a quick yield on the price, and the Rental Property Calculator follows the cash flow, depreciation and tax through to the sale.
Real Estate & Mortgages calculators
Mortgage Calculator
Monthly principal and interest, PMI, taxes and insurance, with a full amortization schedule.
Open calculatorProperty Tax Calculator
Estimate annual property tax from your home value and local rate.
Open calculatorPMI Calculator
Estimate private mortgage insurance and the month it drops off your loan.
Open calculatorMortgage Recast Calculator
Your new payment after a lump-sum principal paydown and recast.
Open calculatorMortgage Points Calculator
Whether buying discount points pays off, and how long the breakeven takes.
Open calculatorMortgage Payoff Calculator
How extra payments change your payoff date and the interest you pay.
Open calculatorAmortization Schedule Calculator
Month-by-month principal, interest and balance for any fixed-rate loan.
Open calculatorMortgage Refinance Calculator
Monthly savings, lifetime interest saved and the break-even month on a refinance.
Open calculatorRefinance vs Recast Calculator
Compare refinancing with recasting after a lump-sum paydown, side by side.
Open calculatorHome Affordability Calculator
The home price your income supports under the 28/36 rule, with a full PITI breakdown.
Open calculatorRent vs Buy Calculator
Year-by-year breakeven between renting and buying, including appreciation and opportunity cost.
Open calculatorRental Property Calculator
Cash flow, depreciation and after-tax return on a rental, through to the year you sell.
Open calculatorVA Loan Calculator
VA loan payment with the funding fee, the exemptions from it and no PMI.
Open calculatorFHA Loan Calculator
FHA payment with upfront and annual mortgage insurance and the minimum down payment.
Open calculatorBi-Weekly Mortgage Calculator
How much interest and time bi-weekly payments take off your mortgage.
Open calculatorReverse Mortgage Calculator
Estimate how much a HECM reverse mortgage could pay out from your home equity.
Open calculatorCap Rate Calculator
Net operating income divided by price: the standard yield measure for rental property.
Open calculatorHELOC Calculator
How much you can borrow against your home and the payment in the draw and repayment periods.
Open calculatorClosing Cost Calculator
Lender, title, government and prepaid costs at closing, itemized by state.
Open calculator
Popular guides
Frequently asked questions
Which mortgage calculator should I start with?
If you have not chosen a home yet, start with the Home Affordability Calculator to set a price range. Once you have a price, use the Mortgage Calculator for the full monthly payment, including property tax, insurance and PMI.
Do these calculators include property tax and insurance?
Yes. The Mortgage, FHA, VA and Home Affordability calculators include property tax and homeowners insurance in the monthly payment, because a lender counts them when it decides what you can borrow.
How do I know if refinancing is worth it?
Compare the closing costs with the monthly saving. The Mortgage Refinance Calculator divides one by the other to find the break-even month. If you expect to sell or refinance again before that month, the refinance costs more than it saves.
Are the results a loan offer?
No. They are estimates based on the figures you enter. Your actual rate, fees and payment depend on your credit, the property and the lender, so use the results to compare options and then get written quotes.