Mortgages
Mortgages
Buying or refinancing a home is the biggest money decision most people make. These tools estimate your real monthly payment, show how much house you can afford under lender rules, and reveal what refinancing would actually save — paired with guides that explain the terms behind the numbers.
Mortgages calculators23
Mortgage Calculator
Estimate your monthly mortgage payment with taxes, insurance, PMI and HOA — plus total interest and a full amortization breakdown. Free, fast, no signup.
Home Affordability Calculator
How much house can you afford? Get a realistic max price from your income, debts, and down payment using the 28/36 rules lenders actually apply.
Debt-to-Income Ratio Calculator
Calculate the debt-to-income (DTI) ratio mortgage lenders use to size your approval — front-end and back-end — and see how much room you have before 36%.
Property Tax Calculator
Estimate your annual and monthly property tax from your home's value and effective tax rate — the escrow line that quietly shapes your mortgage payment.
Home Equity Calculator
Calculate your home equity and how much you could borrow with a HELOC or home equity loan, based on your lender's combined loan-to-value limit.
Income Required for a Mortgage Calculator
How much income do you need to buy a house? Enter the monthly housing payment and your debts to see the salary lenders would want under the 28/36 rule.
Home Sale Proceeds Calculator
How much will you actually walk away with when you sell your home? Subtract agent commission, closing costs, and your mortgage payoff to see your net cash.
Down Payment Calculator
See the cash you need upfront to buy a home — down payment plus closing costs — and how many months of saving it takes to get there.
Rent vs. Buy Calculator
Should you rent or buy? Compare the two on a net-worth basis over the years you'll stay — including appreciation, closing and selling costs, and the return on money you'd invest instead.
Amortization Calculator
Build a complete amortization schedule for any loan: payment, year-by-year principal vs interest split, and the effect of extra payments.
Mortgage Refinance Calculator
Should you refinance? Compare payments, find your break-even month on closing costs, and see the honest lifetime cost — including the term-reset trap.
Biweekly Mortgage Calculator
See how paying half your mortgage every two weeks pays the loan off years early and saves thousands in interest — the biweekly payment trick, quantified.
Mortgage Payoff Calculator
See how much faster you'd pay off your mortgage — and how much interest you'd save — by adding a little extra to your payment each month.
Mortgage Points Calculator
Should you buy discount points? Compare the upfront cost against the lower payment and see the month your buydown starts paying for itself.
Mortgage Recast Calculator
See what a lump sum does to your mortgage payment when the loan is recast — the balance and payment drop, but the payoff date stays exactly where it was.
PMI Removal Calculator
Find out when private mortgage insurance drops off your loan, how much PMI you still have to pay, and what you'd save by reaching 80% LTV sooner.
Home Renovation ROI Calculator
How much of a renovation comes back as home value? Compare project cost against value added to see what you recoup and what the improvement really costs you.
Pay Off Mortgage Early or Invest Calculator
Put an extra payment against the mortgage or into the market? Compare the guaranteed interest saved against the after-tax value of investing the same money.
ARM vs Fixed Mortgage Calculator
Compare an adjustable-rate mortgage against a fixed one under the ARM's own worst case — every adjustment hitting its cap — and see how long you would need to sell before it stops paying.
HELOC Payment Calculator
Calculate home equity line payments across both phases — interest-only during the draw period, then fully amortising — and see the payment jump when repayment begins.
Closing Cost Calculator
Estimate the full cheque a homebuyer brings to closing — lender charges, title and settlement, and prepaid escrows — on top of the down payment.
Cash-Out Refinance Calculator
See what a cash-out refinance does to your payment and your total interest — replacing your mortgage with a larger one and taking the difference in cash.
Home Equity Buildup Calculator
Project how your home equity grows over time from two forces — the home appreciating and the mortgage amortising down — and see how much comes from each.
Mortgages guides6
How to Save for a Down Payment on a House
You don't always need 20% down — but you do need a plan. Here's how much a down payment (and closing costs) really takes, where to keep the money, and how to reach the number faster.
Fixed vs. Adjustable-Rate Mortgage: Which Should You Choose?
A fixed-rate mortgage locks your payment for life; an ARM starts lower but can rise later. The choice hinges on how long you'll keep the loan and your tolerance for risk. Here's how to decide.
Should You Refinance Your Mortgage?
Refinancing can save hundreds a month — or quietly cost you more by resetting the clock. The deciding number is your break-even point. Here's when refinancing makes sense and when it doesn't.
What Is a Good Debt-to-Income Ratio?
Your debt-to-income ratio is the number lenders weigh most for a mortgage: total monthly debt divided by gross income. Here's what counts, what's considered a good DTI, and how to lower yours before you apply.
15-Year vs. 30-Year Mortgage: How to Choose
A 15-year mortgage costs far less interest and builds equity fast; a 30-year keeps the monthly payment low and flexible. Here's how to weigh the trade against your budget and goals — and why the middle path often wins.
How Much House Can You Afford? The 28/36 Rule Explained
Lenders decide how much house you can afford with two ratios: housing costs under 28% of income, and total debt under 36%. Here is how the 28/36 rule works, why your down payment matters twice, and how to find your real budget.
Mortgages terms
- Adjustable-Rate Mortgage (ARM)
- Closing Costs
- Debt-to-Income Ratio (DTI)
- Discount Points
- Down Payment
- Escrow
- FHA Loan
- Fixed-Rate Mortgage
- HELOC (Home Equity Line of Credit)
- Home Appraisal
- Home Equity
- Loan-to-Value Ratio (LTV)
- Mortgage Preapproval
- Mortgage Underwriting
- PITI
- PMI (Private Mortgage Insurance)
- Refinancing
- Reverse Mortgage