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Mortgage calculators

Understand your numbers before you commit.

Six calculators covering the questions we get asked most. Everything updates as you type, nothing is stored, and none of it requires an application. If a number surprises you, that is worth a conversation — not a reason to stop.

Run the numbers

Six calculators, no application.

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0%25%50%
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1%8%15%

Can be rolled into the loan or paid at closing. Tiers are set by statute and change from time to time.

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On most modern FHA loans MIP lasts the life of the loan.

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Applies below 20% down and falls away at 20% equity.

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Gross rent, used to qualify the property rather than your income.

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$
$

Estimated monthly payment

$0

Principal, interest, tax, insurance and dues

Principal & interest$0
Property tax$0
Home insurance$0
Loan amount$0
Total interest over term$0
Talk this through

An estimate for illustration only. Not an offer of credit or a commitment to lend.

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Before tax, including both borrowers if applying together.

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Car loans, student loans, credit card minimums, child support. Not utilities or groceries.

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20%40%60%

43% is a common conventional ceiling. VA often stretches past it when residual income is strong.

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Texas runs high — often 1.8% to 2.5% depending on county and district.

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You could afford up to

$0

Estimated maximum home price

Max total monthly payment$0
Principal & interest$0
Estimated tax & insurance$0
Loan amount$0
Down payment as % of price0%

Get pre-approved

A real pre-approval weighs credit, assets and residual income. This is a starting point.

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%
%
2%7%12%
$

A VA interest rate reduction refinance (IRRRL) usually costs far less than a conventional refinance.

You break even in

Time to recover your closing costs

Current monthly payment$0
New monthly payment$0
Monthly saving$0
Remaining interest — current$0
Total interest — new loan$0
Lifetime interest difference$0

Review my options

Principal and interest only. Taxes and insurance are unchanged by a refinance.

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%
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$0$1,000$2,000
$

A tax refund or bonus applied straight to principal.

You would pay off

Earlier than scheduled

Scheduled payment$0
New total payment$0
Original payoff
New payoff
Interest without extra$0
Interest with extra$0
Total interest saved$0

Extra payments go straight to principal — but tell your servicer to apply them that way. Some will otherwise hold the money as a prepaid instalment.

Talk through a payoff plan

Assumes the extra amount is paid every month from today onward.

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$
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Set this to 0% to model a VA loan with no down payment.

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%
%

Percentage of home value covering property tax, insurance and maintenance.

1 yr15 yrs30 yrs

Over this period

Difference in total cost

Total rent paid$0
Total housing cost if buying$0
Equity built$0
Home value at the end$0
Net cost of owning$0
Monthly payment if buying$0

See what I would qualify for

Net cost subtracts the equity you keep when you sell. Selling costs are not included.

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%
0%12.5%25%

Putting 5% or 10% down lowers the fee. There is no mortgage insurance either way.

%

Your VA funding fee

$0

Base loan amount$0
Funding fee$0
Total loan amount$0
Down payment$0
Added to monthly payment$0

More about VA loans

Tiers follow current VA guidance for purchase loans and are set by statute. Cash-out and IRRRL refinances differ.

These are estimates, not quotes. Every figure here is for illustration and general education only. None of it is an offer of credit, a commitment to lend, or financial advice. Real numbers depend on credit, income, assets, property, programme eligibility and underwriting — and rates move. If a result here matters to a decision you are about to make, have a person check it.

No obligation

Surprised by a number? That is worth a conversation.

A calculator cannot see your whole picture. A person can. Twenty minutes, no application, no credit pull just to talk.

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