Free Mortgage Calculators & Home Loan Tools
Get instant estimates for mortgage payments, affordability, and loan options. Trusted by homebuyers nationwide, with specialized expertise for military families.
Used by 10,000+ homebuyers nationwide
Planning your home purchase or refinance? Our free mortgage calculators give you instant, accurate estimates to help make informed decisions. Whether you’re a first-time buyer, seasoned homeowner, or using specialized loan programs, we have tools designed for your situation.
Why our calculators are different: We provide comprehensive scenarios that factor in real-world considerations other calculators miss. Our expertise spans all loan types, from conventional mortgages to specialized programs like VA and USDA loans.
Calculate Payments by Loan Type
Each loan program has unique benefits and requirements. Use our specialized calculators to see exactly what you qualify for and what your payments will be.
VA Loan Calculator | Conventional Loan Calculator | FHA Loan Calculator | Jumbo Loan Calculator | USDA Loan Calculator
Advanced Mortgage Tools & Calculators | Local Market Calculators
VA Loan Payment Calculator
For veterans, active-duty service members, and eligible spouses. See your potential VA loan payment with no down payment required and competitive rates
- Zero down payment calculations
- Funding fee scenarios (exempt vs. non-exempt)
- Military income consideration (including BAH)
- Property tax estimates by location
Conventional Loan Calculator
Calculate payments for traditional mortgage loans with various down payment options. Compare scenarios and find your optimal loan structure.
- Down payment comparison (5%, 10%, 20%)
- PMI calculation and removal timeline
- Rate estimates by credit score
- Loan term options (15, 20, 30 year)
FHA Loan Payment Calculator
Government-backed loans perfect for first-time buyers and those with lower credit scores or limited down payment funds
- 3.5% down payment scenarios
- MIP (mortgage insurance premium) calculations
- Credit score flexibility analysis
- First-time buyer advantages
Jumbo Loan Calculator
For high-value properties exceeding conventional loan limits. Calculate payments and compare loan options for luxury home purchases.
- Conforming loan limit comparisons
- Portfolio vs. agency jumbo rates
- High-balance loan scenarios
- Investment property calculations
USDA Rural Development Calculator
Zero down payment loans for eligible rural and suburban areas. Perfect for buyers seeking affordable homeownership outside urban centers.
- Property location eligibility check
- Zero down payment calculations
- Rural development funding fee
- Income limit verification
Advanced Mortgage Tools & Calculators
Refinance Calculator | Investment Property Calculator | Affordability Calculator | National Guard VA Loan Calculator | VA Loan Entitlement Calculator | VA Funding Fee Calculator
Refinance Calculator
Compare your current mortgage with refinancing options. Factor in closing costs, rate differences, and break-even analysis for informed decisions.
- Break-even point calculation
- Closing cost integration
- Cash-out refinance scenarios
- Rate-and-term refinance options
Investment Property Calculator
Analyze rental property cash flow and investment returns. Includes specialized loan programs for real estate investors.
- Rental income analysis
- DSCR (Debt Service Coverage Ratio) calculations
- Cash flow projections
- Investment property financing options
Affordability Calculator
Determine your ideal price range based on income, debts, and down payment. Get realistic expectations before you start shopping.
- Comprehensive affordability analysis
- Multiple loan program comparisons
- Down payment impact scenarios
- Monthly budget planning
National Guard VA Loan Calculator
For high-value properties exceeding conventional loan limits. Calculate payments and compare loan options for luxury home purchases.
- Conforming loan limit comparisons
- Portfolio vs. agency jumbo rates
- High-balance loan scenarios
- Investment property calculations
VA Loan Entitlement Calculator
Zero down payment loans for eligible rural and suburban areas. Perfect for buyers seeking affordable homeownership outside urban centers.
- Property location eligibility check
- Zero down payment calculations
- Rural development funding fee
- Income limit verification
VA Funding Fee Calculator
Zero down payment loans for eligible rural and suburban areas. Perfect for buyers seeking affordable homeownership outside urban centers.
- Property location eligibility check
- Zero down payment calculations
- Rural development funding fee
- Income limit verification
Local Market Calculators
Home prices and property taxes vary significantly by location. Our local calculators provide accurate estimates using real market data from your area.
Getting Accurate Results from Our Tools
Step 1: Gather Your Information Have these details ready for the most accurate calculations:
- Monthly gross income (all sources)
- Current monthly debts (credit cards, auto loans, student loans)
- Available cash for down payment and closing costs
- Desired home price range or monthly payment target
Step 2: Choose the Right Calculator
- First-time buyer: Start with FHA or conventional calculator
- Veterans/Military: Use VA loan tools for best benefits
- High-value homes: Begin with jumbo calculator
- Rural areas: Check USDA eligibility
- Investment property: Use specialized investor tools
Step 3: Review All Options Don’t limit yourself to one loan type. Many borrowers qualify for multiple programs, and comparing options can save thousands over the loan term.
Step 4: Get Professional Guidance Calculator results are estimates. Contact us for official pre-qualification with exact rates and terms based on your complete financial profile.
Expert Tips for Using Mortgage Calculators
Common Calculator Mistakes to Avoid
Using Gross Instead of Qualified Income Lenders focus on stable, verifiable income after taxes and existing debt obligations. Factor in your true available income for accurate results.
Forgetting Additional Housing Costs Property taxes, homeowners insurance, HOA fees, and PMI can add hundreds to your monthly payment beyond principal and interest.
Not Planning for Closing Costs Closing costs typically range from 2-5% of the loan amount. Budget for these expenses separate from your down payment.
Ignoring Debt-to-Income Ratios Lenders have strict DTI requirements. Even if you can afford the payment, you might not qualify if your ratios exceed guidelines.
Getting the Most from Your Calculations
Compare Multiple Scenarios Run calculations with different down payments, loan terms, and programs to find your optimal structure.
Factor in Future Changes Consider potential income changes, family growth, or life events that might affect your housing needs.
Understand Total Cost of Ownership Look beyond monthly payments to total interest paid over the loan term and long-term financial impact.
Calculator & Mortgage Questions
How accurate are online mortgage calculators?
Our calculators provide estimates within 5-10% of actual loan costs. They’re excellent for initial planning, but official pre-qualification gives you exact rates and terms. Factors like credit score, debt-to-income ratios, and property specifics affect your final loan terms.
Can I trust calculator results for budgeting purposes?
Yes, for initial budgeting and home shopping. Our calculators use current market data and proven formulas. However, actual loan terms depend on your credit profile, chosen lender, and market conditions at the time of application.
Do different loan programs really make a big difference in payments?
Absolutely. VA loans offer zero down payment, FHA allows 3.5% down, conventional loans eliminate PMI at 20% down, and USDA offers rural buyers zero down options. The difference can be hundreds per month and thousands over the loan term.
What's the difference between pre-qualification and calculator results?
Calculators use general assumptions and estimates. Pre-qualification involves credit checks, income verification, and gives you actual rates from lenders. Calculator results help you plan; pre-qualification tells you what you’ll actually qualify for.
How often should I recalculate as I shop for homes?
Recalculate whenever your financial situation changes or when you’re considering properties in different price ranges. Market rates also change, so monthly updates help maintain accurate expectations.
Can I use these calculators for refinancing decisions?
Our refinance calculator is specifically designed for this purpose. It factors in closing costs, rate differences, and break-even analysis. For cash-out refinancing or complex scenarios, contact us for personalized analysis.
Ready to Move Beyond Calculations?
Get Your Official Pre-Qualification Calculator results are just the beginning. Get exact rates, terms, and loan amounts with our free pre-qualification process. No impact to your credit for initial quotes.
Schedule Your Consultation Speak with a loan expert who can explain all your options and help you navigate the complexities of modern mortgage lending. We’ll review your calculator results and create a personalized strategy.
Start Your Application Found the right loan program? Begin your application online or schedule a call to get started with our streamlined process.
Why Choose Our Expertise:
- 20+ Years Experience: Deep knowledge across all loan programs and market conditions
- Comprehensive Options: Access to 100+ wholesale lenders for competitive rates and terms
- Education-Focused: We explain your options clearly, never pressure you to choose
- Specialized Knowledge: Unique expertise in VA loans, military benefits, and complex scenarios
- Ongoing Support: Our relationship continues beyond closing for future needs
Calculator Accuracy Promise: Our tools use current market data and industry-standard formulas used by mortgage professionals nationwide.
Expert Development: Created by mortgage professionals with 20+ years of industry experience, including specialized knowledge of government loan programs.
Regular Updates: Rate assumptions and market data updated weekly to ensure accurate estimates for changing market conditions.
Privacy Protected: Your calculations remain private – computations performed locally without storing or sharing personal information.
Start Planning Your Home Purchase Today
Use our calculators to explore your options, then contact us for expert guidance and official pre-qualification. Whether you’re a first-time buyer or experienced homeowner, your next step toward homeownership starts with understanding your numbers..