Free calculators and tools for buying, refinancing, self-employed income and investment property. You enter your own numbers, including any rate you were quoted, and nothing you type leaves the page.
Buying a home
Mortgage payment calculatorFull monthly payment, amortization schedule and extra-payment savingsSee the full monthly payment, not just principal and interest: taxes, insurance, HOA dues and mortgage insurance included.
Home affordability calculatorA price range at three debt-to-income levelsStart from your income and debts, the way a lender does, and see the price range they point to.
Mortgage points calculatorThe break-even month for paying pointsPoints buy a lower rate up front. Whether they pay off depends on how long you keep the loan.
Debt-to-income calculatorFront- and back-end ratios against program limitsThe ratio lenders look at first: how much of your monthly income goes to the new house payment and your other debts.
Bridge loan equity calculatorEquity you can borrow before your home sellsA bridge loan lets you use the equity in your current home before it sells. The lender’s combined loan-to-value limit sets how much.
Home sale proceeds calculatorCash to you at closing after the payoff and costsWhat you net from a sale decides your next down payment. Here is the cash you would walk away with.
Closing costs and cash to close calculatorThe cash you need at closing, purchase or refinanceThe down payment is only part of what you bring to closing. Add the costs and the credits to see the real number.
Loan term comparison calculatorPayment and total interest for 15, 20 and 30 yearsA shorter term means a higher payment and usually less interest. See the trade-off with the rates you were quoted.
Loan offer comparison calculatorWhich of two offers costs less over the years you keep itA lower rate with higher fees isn’t always cheaper. Compare two offers over the time you’ll actually keep the loan.
Rent vs buy calculatorWhich costs less over the years you plan to stayWhether buying beats renting depends mostly on how long you stay. Compare the two over your own time frame.
Refinancing and home equity
Cash-out refinance calculatorCash available and the new paymentHow much of your equity you can take out depends on one number above all: the loan-to-value limit for your loan type.
Blended rate calculatorThe combined rate of a first and second mortgageKeeping a low first-mortgage rate and adding a second loan can beat one new loan. The blended rate shows which.
Refinance break-even calculatorMonthly saving, break-even and lifetime interestA lower payment only pays off if you keep the loan long enough to recover the closing costs.
ARM worst-case payment calculatorThe worst-case payment, and the ARM against a fixed rateAn ARM’s caps set the most the rate can rise. This shows the payment if it rises that far, as fast as allowed.
HELOC vs home equity loan calculatorHELOC draw and repayment payments against a fixed loanA HELOC starts cheap and gets more expensive when the draw period ends; a home equity loan stays the same. See both payments.
Self-employed income
Bank statement income calculatorQualifying income from 12 or 24 months of depositsBank statement loans qualify you on deposits instead of tax returns. Here is roughly how lenders turn deposits into income.
Self-employed income calculatorTwo-year qualifying income from tax returnsOn a traditional loan, self-employed income comes from your tax returns, with some non-cash expenses added back.
Investors
DSCR calculatorThe ratio, plus the loan the rent supports at 1.25 and 1.00DSCR loans qualify on the property, not your income: does the rent cover the cost of owning it, and how large a loan will it carry?
Short-term rental DSCR calculatorThe ratio from nightly rate, occupancy and costsFor a short-term rental, income depends on the nightly rate, how often it is booked and what the manager keeps.
Mortgage reserves calculatorMonths of payments your savings coverJumbo, investor and non-QM loans often ask for savings left over after closing, counted in months of payments.
VA loans
VA funding fee calculatorThe fee by loan type, down payment and prior useMost VA loans carry a one-time funding fee. It depends on the loan type, your down payment and whether you have used the benefit before.
VA loan affordability calculatorThe price VA’s two income tests supportVA checks two things: your debt-to-income ratio and your residual income, the money left each month for living costs. This works out the price both support.Photo: W.Marsh, CC BY-SA 3.0
Tools
Loan limits by county2026 conforming and FHA limits for every county in CA, AZ, FL and OH, with a conforming, FHA or jumbo check
Property tax and insurance ratesTypical rates for every state, and for every county in CA, AZ, FL and OH
Document checklistsWhat to gather for each loan type, ready to print
Today’s average mortgage ratesNational averages, and how to read an advertised rate
