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Mortgage calculator tools are computer-aided tools that allow users to calculate the financial consequences of changing one or more variables in a mortgage financing agreement. Consumers use mortgage calculators to calculate monthly payments, while mortgage lenders use them to assess a home loan applicant’s financial eligibility. Although the Consumer Financial Protection Bureau has created its own public mortgage calculator, such tools are regularly found on commercial websites. This makes it a bit difficult to find the best tools that will give you real information and help without any hidden promotional motives.
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Luckily, we’ve got you covered in that regard. We have come up with a well-curated list of the top 20 mortgage calculator tools that will serve you well as you make your mortgage plans.
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The loan calculator at Zillow.com has a variety of mortgage calculation options, including predicting your mortgage payment, including taxes and insurance. Simply enter the price of the home, including your down payment and any credit information to calculate the mortgage payment split, schedule and interest rate, among other things.
The USMortgage home loan calculator not only estimates your expected monthly payments, but also critical “extras” like home insurance, property taxes and homeowner association fees.
Trulia guides you by estimating mortgage costs for non-traditional home loans such as veterans’ loans, FHA 30- and 15-year home loans, and adjustable-rate home loans. Maybe it has some charms that you didn’t even think about. For example, the Trulia calculator asks for your zip code to determine how local tax rates affect your home mortgage (which affects monthly and total home mortgage costs).
The Dave Ramsey.com Mortgage Calculator is very user-friendly and can quickly calculate your monthly mortgage payment and total home mortgage amount. Simply enter the value of your property, the amount of your down payment, the type of mortgage and the interest rate.
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Designed specifically for current and former members of the US military, the Veterans United Mortgage Calculator guides VA loan customers through the process of determining home loan costs. It easily manages your projected mortgage payments and helps you calculate taxes, homeowners insurance and veterans loan costs.
The FHA payment calculator calculates the FHA initial mortgage insurance premium, monthly FHA mortgage insurance, property taxes, and homeowner’s insurance to come up with an appropriate FHA mortgage payment.
Carl created the mortgage calculator in the 1990s. It’s not as fancy and fancy as some of today’s mortgage calculators. But it can be used for other purposes as well. It helps you calculate how spending extra on your mortgage will reduce your debt, how quickly you can pay it off, and how much interest you’ll save, for example.
Understanding your home loans with a mortgage pal loan calculator will help you shape a brighter future. “Mortgage Pal – Calculator” contains two functions in one application: a mortgage payment calculator and a mortgage affordability calculator. Check out the latest mortgage rates and trends. You can use their mortgage calculator tools to calculate all your loan and mortgage calculations, including PMI, taxes and other mortgage fees.
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The Calculator.net mortgage tool is a program that takes six numbers and solves for two unknown values, such as the loan amount and monthly payments. It solves the most important problem with depreciation schedules by providing a depreciation schedule based on the provided factors. Since the loan amount, interest rate and other variables can change in the mortgage company, it gives an amortization schedule based on the true value of the variables.
Rocket Mortgage is one of the most well-known online mortgage lenders in the United States. The lender offers a variety of purchase and refinancing alternatives, including a flexible-term product called “YOURGage,” which allows borrowers to choose between eight and 29 years of loan terms, as well as cash-out refinancing. Rocket Mortgage’s parent company, Quicken Loans, was founded in 1985 by Dan Gilbert, who still serves as chairman. Quicken Loans has gained popularity in recent years thanks to the introduction of technology that allows customers to apply for loans entirely online through Rocket Mortgage, which will officially be called Quicken Loans in 2021.
This C++ command-line program of Mortgage Calculator is a high-precision calculator for calculating monthly, annual and full-term mortgage payments at a fixed rate. The tool uses the same exact logic as previous mortgage calculators and rounds to the nearest pound. The app is quick and easy to use, and you can find out your exact mortgage payments in less than 30 seconds!
Finance Calculator Ultimate is one of the most stable and easy-to-use mortgage calculator tools running on Windows XP/VISTA/7/8 systems. Professional accountants, financial managers and experienced investors are the target audience of the current offer. You can copy and paste the report results into any Windows/Office compatible text editor in addition to the ergonomic report printing capability.
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This Mortgage Calculator tool by CalculatorSoup calculates the payment, present value, future value, interest and term for a mortgage.
The arithmetic behind mortgage payments is complicated, but Bankrate’s Mortgage Calculator makes it simple and straightforward. It is very important to determine your monthly house payment as part of your housing budget, as it will likely be your largest recurring expense. Bankrate’s Mortgage Calculator lets you estimate your mortgage monthly while you’re hunting for a purchase loan or refinance.
In addition to determining your monthly payments, where the SmartAsset mortgage calculator is useful, there are other financial concerns to consider, such as upfront costs and the income offered to comfortably finance your new home.

Calculating your monthly home payment is an important step in determining how much home you can afford. This monthly payment will likely make up the majority of your living expenses. When buying or refinancing a home, you can use NerdWallet’s mortgage calculator to calculate your monthly payment.
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Mortgage loans are some of the most significant financial commitments you will ever make. And with so many options, it can be difficult to figure out how much they will cost. The mortgage calculator at MoneyHelper can help. It will give you a basic, approximate figure for new mortgages, interest-only mortgages, and the monthly mortgage payments you’ll incur if interest rates rise.
A mortgage is simply a debt instrument secured against the mortgaged property, and mortgage payments are calculated in a similar manner to payments on a regular annuity; use CalculateStuff’s mortgage calculator to simplify.
A mortgage is sometimes required when buying a home, but it can be difficult to understand what you’re paying for and what you can actually afford. Borrowers can use a mortgage calculator to calculate their monthly mortgage payments based on the purchase price, down payment, interest rate and other monthly costs. Use Forbes Advisor’s mortgage calculator to calculate your monthly principal and interest payments on a new home loan.
The main purpose of using a home mortgage calculator is to get a realistic, data-driven picture of how much you can expect to pay for a home loan. Most home mortgage calculators give you this picture, but some have more options than others and are worth checking out. Start with the home mortgage calculators above to see if they can help you with your specific home loan requirements.
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Calculating the financial consequences of changes in one or more factors in a mortgage loan financing arrangement is known as mortgage calculation.
A mortgage calculator is a useful tool for determining how much home you can afford before you buy. Play around with variables like mortgage term and interest rate to see how much your monthly loan payment could change.
Buying a home is likely to be the most significant investment you will ever make. Use a home payment calculator as a research tool before you go house hunting. It will help you determine your price range and how much house you can afford based on your monthly income.
Some mortgage calculator tools will even tell you how much money you need to qualify for a mortgage. These estimates will help you determine if you can afford the home price you want. Knowing how much of your monthly household budget you can afford to spend on your dream home is a wise and responsible first step toward your financial goals.
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Look for the mortgage calculator that has the most functionality and can perform additional calculations when looking for the best mortgage calculator. The more accurate the calculation, the more specific inputs you are expected to provide.
Some mortgage calculator tools can calculate loan payments when you enter the home purchase price, or they can calculate the price of the home when you enter the monthly payment amount. Taxes, PMI premiums, and how much you earn before taxes are all parameters needed in the best mortgage calculators. Use this calculator to help calculate your VA home loan monthly payments. Enter your closing date, sale price, military status and quickly see the monthly costs of buying a home. Please note that this is an estimate, not actual
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