Start by entering the basic required information: Optional fields that provide more detailed results but are not necessary for a basic calculation include property tax, home insurance, HOA fees, annual income, monthly debts, and extra monthly payments.
The calculator also offers advanced features like refinance analysis and rent vs. buy comparison, which require additional optional inputs.
Enhanced Mortgage Calculator
Basic Information
Affordability Calculation
Extra Payments
Refinance Analysis
Results:
Monthly Payment:
Total Loan Amount:
Total Interest:
LTV Ratio:
Affordability:
Extra Payment Results:
New Loan Term:
Interest Saved:
Estimated Tax Savings:
Annual Tax Savings:
Equity Build-up Over Time
Refinance Analysis:
Monthly Savings:
Break-even Point (months):
Rent vs. Buy Comparison
| Expense | Renting | Buying |
|---|---|---|
| Monthly Payment | ||
| Property Tax | - | |
| Home Insurance | - | |
| HOA Fees | - | |
| Maintenance | - | |
| Total Monthly |
