Different Home Loan Calculators That Might Be Useful For You


Mortgage and real estate tools online help borrowers easily determine what their expectations are if ever to decide to get a mortgage. Home loan calculators are some of those tools that, individually, have different purposes but as useful as the other.

And while these would only give you a good estimate, you’d still have to consult your lender to give you a more accurate figure. You can also decide to get a mortgage pre-approval to know how much you can afford.

Here’s a list of the useful home loan calculators that could be of help for you.

Simple Mortgage Qualification Calculator

One of the most basic home loan calculators on the web today is the simple mortgage calculator. This helps you determine the possible amount of mortgage you can qualify based on your income through an assumed loan term and interest rate.

Mortgage Amortization Schedule Calculator

The Mortgage Amortization Schedule Calculator would allow you to input an interest rate, mortgage term, and mortgage amount in order to give you a monthly payment estimate.Other than that, it will show you the amortization schedule for your home loan that will show you the principal amount and the interest amount.

Mortgage Qualification Calculator

This calculator would help you determine if the income you’re getting can qualify for the amount of mortgage you want to have. Through that, you can tell how much lenders would expect you to be making if you want to have that desired home loan that you’re aiming for.

Our lenders can extend their assistance to you.

Rent or Buy Calculator

In this case, the rent or buy calculator would give you a clearer comparison between renting costs and home buying costs.

Mortgage Refinance Calculator

This calculator would tell you if you’re financially ready and qualified to refinance your existing mortgage to a lower interest rate. This would help you see possible mortgage payment, how much you can save, and how long you can break even on closing costs.

Bi-weekly Mortgage Calculator

Through a Bi-weekly Mortgage Calculator, you would be able to see how much you can possibly save if you want to make mortgage payments every two weeks.

Interest Only vs Conventional Mortgage

Unlike other home loan calculators, this one would let you see a comparison of two different elements. By entering the balance and rate of both interest-only mortgage and a conventional mortgage, this calculator lets you see a comparison between your possible monthly due for each mortgage type.

Paydown Mortgage or Invest Calculator

This calculator would help you see what happens if you decide between prepaying your mortgage or investing with the extra money you might have. Keep in mind that your tax situation would be taken into account when you calculate.

Mortgage Rate Comparison Calculator

If you want to see and compare your monthly payment with different rates at one, perhaps a mortgage rate comparison calculator would do the trick for you.

Mortgage Affordability Calculator

True to its name, the mortgage affordability calculator would help you determine the amount of mortgage you can afford. This calculator would let you key in your monthly income and your debts and based on that information and then shows the amount of mortgage you can comfortably pay off.

Click Here to Get Matched With a Lender»

Get started today!

It only takes a few minutes to get started and best of all, it’s completely free. Get started finding the best mortgage options for you now.

Start Here

When inquiring about a loan on this site, this is not a loan application. This is not an offer to lend and we are not affiliated with your current mortgage servicer. Upon the completion of your inquiry, we will work hard to match you with a lender or lenders who may assist you with an official loan application and provide loan product eligibility requirements for your individual situation.

When applying for a loan, lenders will commonly require you to provide a valid social security number and submit to a credit check. Consumers who do not have the minimum acceptable credit required by the lender are unlikely to be approved. Minimum credit ratings may vary according to lender and loan product. In the event that you do not qualify for a credit rating based on the required minimum credit rating, a lender may or may not introduce you to a credit counseling service or credit improvement company who may or may not be able to assist you with improving your credit for a fee. Any loan product that a lender may offer you will carry fees or costs including closing costs, origination points, and/or refinancing fees. In many instances, fees or costs can amount to several thousand dollars and can be due upon the origination of the loan product.

This site is in no way affiliated with any news source or government organization and is not a government agency. Not affiliated with HUD, FHA, VA, FNMA or GNMA. This site may contain affiliate and partner links. This website and the company that owns it is not responsible for any typographical or photographic errors. If you do not agree to our terms and policies, then please leave this site immediately. If you submit your mobile number on this website you agree to receive marketing based text messages. Consent is not required for purchase. You will receive up to 4 messages per month. Standard text and data rates may apply. Reply STOP to stop & HELP for help.

Contents of this website are copyrighted property of the owner of this website. All trademarks, logos, and service marks (collectively the "Trademarks") displayed are registered and/or unregistered Trademarks of their respective owners.

In the event that you discovered this website through an advertisement, such advertisement may consist of stock photos, images, video or other publicly available resources. Any spokesperson used is an employee of the advertiser that owns and operates this website and is not a paid spokesperson or influencer.

© 2022 Mortgage.Info is not a government agency or a lender. Not affiliated with HUD, FHA, VA, FNMA or GNMA. We work hard to match you with local lenders for the mortgage you inquire about. This is not an offer to lend and we are not affiliated with your current mortgage servicer.