Home Financing Calculators

15 Year vs. 30 Year Mortgage Calculator

Home Financing Calculators

Determining which mortgage term is right for you can be a challenge. With a shorter 15-year mortgage, you will pay significantly less interest than a 30-year mortgage - but only if you can afford the higher monthly payment. Use this calculator for a comparison of a 15- vs. 30-year mortgage.

Adjustable Rate Mortgage Calculator

Home Financing Calculators

Adjustable rate mortgages can provide attractive interest rates, but your payment is not fixed. This calculator helps you to determine what your adjustable mortgage payments may be.

APR Calculator for Adjustable Rate Mortgages

Home Financing Calculators

Use this calculator to determine the Annual Percentage Rate (APR) of your Adjustable Rate Mortgage (ARM). Knowing your APR can help you compare different ARMs with different fees and terms.

APR Mortgage calculator

Home Financing Calculators

Use this calculator to determine the Annual Percentage Rate (APR) for your mortgage. Press the report button for a full amortization schedule, either by year or by month.

ARM & Interest Only ARM vs. Fixed Rate Mortgage Calculator

Home Financing Calculators

Use this calculator to compare a fixed-rate mortgage to two types of ARMs, a Fully Amortizing ARM and an Interest Only ARM. A fixed-rate mortgage has the same payment for the entire term of the loan. An adjustable rate mortgage (ARM) has a rate that can change, causing your monthly payment to increase or decrease.

ARM vs. Fixed Rate Mortgage Calculator

Home Financing Calculators

A fixed rate mortgage has the same payment for the entire term of the loan. An adjustable rate mortgage (ARM) has a rate that can change, causing your monthly payment to increase or decrease. Use this calculator to compare a fixed rate mortgage to a Fully Amortizing ARM.

Bi-Weekly Mortgage Calculator

Home Financing Calculators

This calculator shows you possible savings by using an accelerated biweekly mortgage payment. Biweekly payments accelerate your mortgage payoff by paying 1/2 of your normal monthly payment every two weeks. By the end of each year, you will have paid the equivalent of 13 monthly payments instead of 12. This simple technique can shave years off your mortgage and save you thousands of dollars in interest. Click on the "View Report" button to see your savings!

Home Equity Line of Credit Calculator

Home Financing Calculators

Use this calculator to determine the home equity line of credit amount you may qualify to receive. The line of credit is based on a percentage of the value of your home. The more your home is worth, the larger the line of credit. Of course, the final line of credit you receive will take into account any outstanding mortgages you might have. This includes first mortgages, second mortgages and any other debt you have secured by your home.

Home Equity vs. Auto loan Calculator

Home Financing Calculators

Home equity loans generally often have lower interest rates than auto loans. One good reason to take a look at home equity loans to finance your automobile purchase.

Interest Only Mortgage Calculator

Home Financing Calculators

Use this calculator to generate an amortization schedule for an interest only mortgage. Quickly see how much interest you will pay and your principal balances. You can even determine the impact of any principal prepayments. Press the "View Report" button for a full yearly or monthly amortization schedule.