Mortgage Calculator
Amortization Schedule
Easy to calculate home payment!
Principal, Interest, Taxes & Insurance
Compare home prices & down payment amounts!
View biweekly payment compared to monthly.
Includes PMI if applicable.
Amortization schedule that amazes..
All of your home payment data at your fingertips.
Scroll to view the increase toward principal over time.
Amortization schedule shows principal and interest percentage changes per home payment over the life of the loan.
The taxes and insurance are added on as well.
These can be adjusted to specific amounts.
But the default field values are fine.
Fields available include:
home value
equity/money down (% or $)
loan amount
interest rate
term length
taxes
insurance
PMI
You'll be a PITI calc pro in no time!
Consider paying Taxes and Insurance separately.
Paying at the end of the year in one time annual payments.
You'll have more cash flow during the year for investments or anything else.
This can be a savvy move.
Keep it in mind.
Or pay them included in the monthly payment (like most).
Whichever you choose. It's your choice.
And that's PITI pro status.
Use this nifty mortgage calculator to price out your scenario with ease.
View your amortization schedule for a clear loan picture.
Blog posts in the app:
-Government VA Home Loan & FHA Programs
-8 Things to Look for in a Family-Friendly Neighborhood
-8 Tips for Selling a Home
-Reasons a First Time Buyer Should Consider a Fixer-Upper
Saving w/ a Shorter Term
Is a 30 yr term the best fit?
Our PITI calc can price out a term length of 20, 15 or 10 yr.
This saves you money on interest, but adds to your monthly payment.
Saving w/ a Biweekly Payment
Save time & money by making biweekly payments.
Pretty cool to see how much.
Making biweekly payments cuts down the interest paid considerably!
Also years are taken off the loan (a little over 3 years on a 30 year loan).
Biweekly home payments work by sending half the typical amount every 2 weeks. Instead of the full amount once per month.
Why does this help?
52 ÷ 2 = 26 weeks ÷ 2 = 13 home payments per year
instead of the normal 12.
This seemingly tiny difference makes a BIG impact.
For tablets or phones
Optimized for both landscape and portrait mode.
Use our mortgage calculator to grab hold of your situation and be a PITI calc pro!
Explore your options.
Build your future.
Use a helpful tool to get you there!
Less than 20% down?
Using an FHA loan (3.5% down) is very common.
Also, simply putting 5%, 10% or 15% down is common.
Keep in mind PMI is added when the home loan is greater than 80% loan to value.
PITI calc plus PMI is shown.
The number of months needed is also shown.
Awesome!
Perfect for anyone looking to price out a VA home loan or an FHA loan and know the full picture.
Plus, our PITI calc can be used on your tablet or phone.
It is a simple tool that can act as a personal qualifier so you know where you stand.
Change interest rates to see the impact on your total amount due.
Easy!
Become a PITI pro!
A good mortgage calculator with an easy to read amortization schedule is a must for home buyers.
After browsing listings for a bit it's time to hire an agent to look after your interests. Often, they'll bring up issues you’d likely never notice.
Consider the friendly folks at Rad Realty.
There is a link in the app if you're interested.
Take Your Time over Finance
The lender will evaluate five factors:
1. credit score
2. income
3. assets
4. loan amount
5. home value
Get a pre-approval in writing before taking your house hunting journey too far.
This puts you in a stronger negotiating position when you can offer a speedy purchase.
Using our mortgage calculator you can view the difference in interest that is paid over the life of the loan.
And the principal that is paid down over time.