Mortgage and Home Calculators
Buying, owning and selling a home each come with their own numbers: what you can afford, what the monthly payment will be, whether paying extra or refinancing is worth it, and how much equity you can use. These calculators are grouped by that decision.
Mortgage rates change daily and differ by borrower. Where a calculator starts from an example rate, replace it with the rate you were quoted. Results are estimates, not loan offers.
Published by Hen Machluf · Figures reviewed October 2026 · Editorial standards
Start here
Buying your first home
- 1Home Affordability: find a price range your income supports
- 2Down Payment: plan the down payment
- 3Mortgage: see the full monthly payment with tax, insurance and PMI
- 4Closing Costs: budget the cash due at closing
Already own a home
- 1Mortgage Refinance: check whether a lower rate pays for its costs
- 2Extra Mortgage Payment: see what extra payments save
- 3Home Equity: measure your equity and loan-to-value
Deciding whether to buy
- 1Rent vs Buy: compare the total cost of renting and buying
- 2Rent Increase: see what a rent increase costs over a year
Can I afford it?
Lenders look at your income, your other debts and the cash you bring. Run these before you shop.
The monthly payment and loan types
Principal and interest, plus property tax, insurance and any mortgage insurance.
- MortgageWhat will my monthly mortgage payment be?
- AmortizationHow much of each payment goes to interest and principal?
- FHA LoanWhat does an FHA loan cost with its mortgage insurance?
- VA LoanWhat does a VA loan cost with its funding fee?
- Points vs RateIs buying mortgage points worth it?
- Property TaxHow much property tax will I pay per year and per month?
Paying the mortgage off faster
Extra principal shortens the loan and cuts total interest. Whether it beats investing depends on your rate.
Refinancing and home equity
Ways to change your loan or borrow against the home. Each has costs to weigh against the savings.
- Mortgage RefinanceWill refinancing save money, and when do I break even?
- Cash-Out RefiHow much cash can a cash-out refinance give me?
- HELOCWhat will HELOC payments be during and after the draw period?
- Home Equity LoanWhat will a home equity loan cost per month?
- HELOC vs RefiIs a HELOC or a cash-out refinance cheaper?
- Home EquityHow much equity do I have?
- Reverse MortgageHow much could a reverse mortgage (HECM) pay me?
Selling, renting and investing
What a sale leaves you with, and whether a property pays as an investment.
Figures and sources
Rules and limits these calculators use, each linked to the agency or law that sets it.
| Rule or limit | Value |
|---|---|
| PMI cancellation on request | when the scheduled balance reaches 80% of the original value |
| PMI automatic termination | when the scheduled balance reaches 78% of the original value |
| 2026 reverse mortgage (HECM) limit | $1,249,125 |
| 2026 SALT deduction cap (includes property tax) | $40,400 |
Official sources
Rates and rules change, so confirm the current figures with the publisher before you rely on them:
- CFPB: When can I remove private mortgage insurance (PMI) from my loan? (80% on request, 78% automatic) (consumerfinance.gov)
- HUD Mortgagee Letter 2025-22: 2026 HECM maximum claim amount ($1,249,125) (hud.gov)
- Public Law 119-21, section 70120: SALT cap of $40,400 for 2026, $505,000 phase-down threshold, $10,000 floor (govinfo.gov)
Worked example: a $400,000 home with 20% down
With $80,000 down, the loan is $320,000. At an example rate of 6.5% for 30 years, principal and interest come to $2,022.62 a month, and total interest over the full term is $408,142. Because the down payment is 20%, there is no PMI. Property tax and insurance come on top: enter yours in the calculator. The 6.5% is an example, not a current rate quote.
Run your own numbers in the Mortgage →