Loan Calculators

A home is the most expensive thing you’ll ever buy—we can help you get the math right!

For instance, how will adding 10% to your down payment affect your monthly payments? What about choosing a 15-year vs. a 30-year loan—which will provide a monthly payment you can afford with a rate you like?

Not sure? You’re not alone—you would need a spreadsheet and about 10 cups of coffee to sort through all the math to get the answers you seek. Luckily, you don’t have to go anywhere near a spreadsheet if you don’t want to! We’ve developed several automated loan calculators to give you the answers in black and white.

Our loan calculators provide interactive calculations, dynamic graphs and fully customizable reports. Go ahead, try out a few different scenarios!

Mortgage loan calculator

Start here if you’re new to mortgage or have questions about your current loan. This calculator generates an estimated amortization schedule for your current mortgage. Use this calculator.

Rent vs. buy calculator

Should you buy a home or continue to rent? Many debates from friends, family and realtors have pondered this question. Use numbers from real life to get a definitive answer with this calculator. Use this calculator.

Mortgage comparison: 15 years vs. 30 years calculator

15-year mortgages have lower interest rates but higher monthly payments, and 30-year loans have the opposite. Which is right for your budget and financial goals? Use this calculator to explore both mortgage scenarios. Use this calculator.

Refinance breakeven calculator

Refinancing can save you a ton of money through lower interest rates, changes in monthly payments, etc., but there are also costs associated with a refinance. Use this calculator to determine when you will breakeven. Use this calculator.

Mortgage tax savings calculator

Did you know the interest and points paid for your mortgage is tax deductible? This calculator will show you exactly how much your mortgage could save you in income taxes. Use this calculator.

ARM vs. Fixed rate mortgage calculator

The interest rate of a fixed rate mortgage doesn’t change throughout the life of the loan, but adjustable rate mortgages (ARM) can go up or down, depending on the structure of your loan. Use this calculator to compare a fixed rate mortgage to two types of ARMs: a Fully Amortizing ARM and an Interest-Only ARM. Use this calculator.

Blended rate mortgage calculator

Calculating your blended, or effective, interest rate can be confusing if you have two mortgages.

This calculator helps you determine blended interest rate you would pay if you use a first and a second mortgage to finance your home purchase. Use this calculator.

 

Current Rates

VA Purchase
30 Year Fixed

As of: December 11, 2017

3.750%
RATE
3.993%
APR

Rate/Term Refinance
30 Year Fixed

As of: December 11, 2017

3.500%
RATE
3.679%
APR

Rate/Term Refinance
15 Year Fixed

As of: December 11, 2017

2.750%
RATE
3.122%
APR

Cash Out Refinance
30 Year Fixed

As of: December 11, 2017

4.000%
RATE
4.195%
APR

FHA Purchase
30 Year Fixed

As of: December 11, 2017

3.500%
RATE
3.683%
APR