First Time Home Buyers Mortgage Calculators

Mortgage calculators are a must for all first time home buyers. This can answer the 1 question you may have! How much will this home cost me? You need to know what your monthly payment will be to determine if you can afford buying this house or not. So we make available FREE tools to help you figure this out.

Most of us know how much we feel comfortable with for a monthly payment. Perhaps you’re renting now and you’re thinking that with the high cost of rent you can afford to buy a house. So we can help you see if this is true.

So how does it work? Our FREE calculators are unique. Why? Because many of the calculators on the internet only give you P&I payments (principal and interest). We have special online tools that allow you to enter your zip code and then they even estimate your taxes and insurance.

This helps you get closer to knowing exactly how much home you can afford. So go ahead and play around all you want.

Click on the any of the links below and find for yourself.

For example, find the one that says “Should I buy or Rent?” Plug in rent increase of say 3% a year, home appreciation of say 5% a year. If you’re paying $700 a month in rent, you could have a $150,000 mortgage and benefit yourself in 5 years with $60,000 in appreciation and savings from rent!

That’s just one of them. We offer 12 different kinds of mortgage calculators, some for refinancing, how much you can afford, amortization, cost of living and so on.

Please use your back button in your browser to return where you started.

Enjoy!

Want to figure your payment based on a fixed rate mortgage? Many people like this calculator to figure their budget.

Fixed Rate Mortgage Payment Calculator

So you're thinking about an ARM! Using this unique calculator will help you estimate your new payment!

ARM Loan Payment

Want to know your APR on a fixed rate loan? This handy tool can help you with that!

Fixed Rate Loan APR

Your ARM loan has a different APR. Now you can estimate it for yourself using this calculator!

ARM Loan APR

Do you know how to figure your mortgage amortization? Using this link can help save you thousands in interest!

Mortgage Amortization

To figure your remaining principal balance on a mortgage, try this mortgage calculator!

Mortgage Remaining Principal

Many people ask if they should pay points. You may be surprised with the answer. Paying them can lower your interest rate.

Should I Pay Points

To buy or rent is the question many first time home buyers have. With this calculator you can get the answer to this important question.

Should I Buy or Rent

Making extra payments can save you thousands of dollars in interest. Try using this mortgage calculator to see how this works.

Should I Make Extra Payments

To consolidate your debt can be a good thing. Then again, it may not make sense to do so. This tool will help you!

Should I Consolidate My Debt

What are the tax benefits of buying a home? Keep Uncle Sam out of your pockets by testing out this neat little calculator!

Tax Benefits of Buying Go from mortgage calculators to our home page, click here.