Mortgage Calculators for Real Borrower Scenarios - MortgageLoans.net

Payment & Budgeting

Monthly Payment Calculator Calculate your estimated monthly mortgage payment including principal, interest, taxes, insurance, and PMI. Mortgage Affordability Calculator Find out how much house you can afford based on your income, debts, down payment, and current interest rates. Second Home Affordability Calculator Find out how much second home you can afford while carrying your existing mortgage, accounting for combined DTI and reserve requirements. Debt-to-Income Calculator Calculate your front-end and back-end debt-to-income ratios to understand where you stand for mortgage qualification. Amortization Calculator See a full amortization schedule showing how each payment splits between principal and interest over the life of your loan. Extra Payment Calculator See how extra payments or bi-weekly scheduling can shorten your loan term and reduce total interest.

Loan Comparison

FHA vs Conventional vs VA Comparison Compare loan programs side by side to see differences in down payment, monthly costs, and total cost over time. ARM vs Fixed Rate Calculator Compare adjustable-rate and fixed-rate mortgages side by side with year-by-year projections to see which option costs less over your planning horizon. Refinance Break-Even Calculator Determine how long it takes for refinance savings to exceed closing costs and whether refinancing makes financial sense. Mortgage Points Calculator Calculate the break-even point for buying discount points and compare scenarios to find the optimal strategy for your loan. Down Payment Comparison Compare side-by-side how different down payment amounts (3% to 20%) affect your monthly payment, PMI, and total cost over the life of the loan. Cash-Out Refinance Calculator See how taking cash out during a refinance affects your payment, equity, and loan-to-value ratio. Compare the total cost of a cash-out refi against keeping your current loan. Temporary Rate Buydown Calculator Compare 2-1, 3-2-1, and 1-0 temporary buydown structures. See year-by-year payments, total buydown cost, and how temporary buydowns compare to permanent discount points.

Costs & Fees

Closing Cost Estimator Estimate your total closing costs including lender fees, title charges, government fees, and prepaids based on your loan details and location. PMI Cost Calculator Calculate your monthly PMI cost based on credit score and loan-to-value ratio. See how credit improvement can reduce your PMI payment. VA Funding Fee Calculator Calculate your VA funding fee based on service type, loan purpose, down payment, and usage history. See how financing the fee affects your monthly payment. Rent vs. Buy Calculator Compare the long-term financial impact of renting vs buying with a year-by-year wealth accumulation model. Seller Concession Calculator Calculate how seller concessions reduce your cash-to-close and see program-specific limits for Conventional, FHA, and VA loans.

Investment & Equity

DSCR Calculator Calculate the debt service coverage ratio for an investment property to determine if it meets lender qualification thresholds. Investment Property Cash Flow Calculator Project cash flow, cap rate, and total return for a rental property investment over a multi-year horizon. Home Equity Calculator Calculate your home equity, loan-to-value ratio, and available borrowing capacity at various LTV thresholds. Reverse Mortgage Estimator Estimate available proceeds from a Home Equity Conversion Mortgage (HECM) based on age, home value, and current rates.