It can be a challenge to determine what is the right mortgage for you. With a 15-year mortgage you'll pay much less in interest but have to make much larger monthly payments. A 30-year loan provides more manageable payments, but by doubling the repayment period, the interest tally mounts.
Mortgage Calculators
- Mortgage calculator
Work out the monthly payments for any fixed-rate loan. Just enter the amount and terms. You can even see how extra payments can accelerate your payoff and save thousands in interest charges. - Rent vs. buy calculator
Buying a home entails more costs than what is reflected in your monthly mortgage payment. - Refinance interest savings calculator
Find out whether a mortgage refinancing makes sense for you. - Mortgage required income calculator
Will you qualify for a loan to buy the home of your dreams? Finding out the income necessary to qualify for a specific mortgage amount will answer your question. - Mortgage points calculator
Paying points will reduce the interest rate and your monthly payments. - Mortgage debt consolidation
Using a mortgage to consolidate your debt can reduce your payments and your total interest costs. - Mortgage comparison: 15 years vs. 30 years
Which mortgage is right for you? - Mortgage APR calculator
The annual percentage rate (APR) reflects the total cost of a loan by taking into consideration the interest rate plus any points and fees paid. - How much home can I afford?
The size of mortgage you can afford depends on factors such as interest rates, your current income and monthly debt payments. - Interest only mortgage calculator
An interest-only mortgage provides flexibility to the borrower in the early years of the loan. - Fixed rate mortgage vs. interest only mortgage
Which is right for you? - ARM vs. fixed rate mortgage
Which is right for you? - Adjustable rate mortgage calculator
Determine your initial monthly payment and the impact of subsequent interest rate adjustments.
Home Equity Calculators
- Amortizing loan calculator
What are the monthly payments on a particular loan amount, or how much can you borrow for a specific monthly payment? - Line of credit calculator
Lenders will look at the amount of home equity you have and determine how much they will let you borrow. - Debt consolidation calculator
Consolidating your debt can reduce your payments and your total interest costs. - Loan & line payment
This calculator will help determine what your monthly payment will be for either a fixed term loan or a line of credit, or the amount you can borrow for that monthly payment.
