We have over twenty different online mortgage calculators for you to choose from. We've taken our calculators and placed them into categories that follow you from the basics of comparing mortgages, to calculations you might want to perform on an existing mortgage, through specialty mortgages. Our calculators can also help individuals having trouble making their monthly mortgage payments.

**simple monthly mortgage calculator** to figure out your monthly mortgage payment. The results of the calculator also include the total of all payments and the interest paid over the life of the mortgage. This mortgage calculator only requires three inputs: total home loan amount, annual interest rate, and the term of the loan.

**maximum mortgage calculator** to figure out how much money you can borrow; when thinking about buying a new home. The calculator provides the user with two maximum mortgage values, based on the most common measures that lenders use: The rules of 28 and 36.

**qualify for a mortgage**. The calculator provides the user with two annual income values, based on the most common measures that lenders use: The rules of 28 and 36.

**mortgage comparison calculator** to evaluate the differences between the monthly payments, total payments and total interest charges for 15, 20 and 30 year mortgages. The calculator only requires two types of inputs: The total home loan amount that is borrowed and the interest rate charged for each mortgage term.

**mortgage points calculator** to compare a loan with no points versus a loan where you are paying points. The calculator figures out how much you will save off your monthly mortgage by paying points, and how many months it will take to recover the points paid.

**mortgage APR calculator** to estimate the effective annual interest rate on a loan. The calculator uses the quoted annual interest rate, in combination with the fees charged, to figure out an effective monthly payment on the loan. Based on that new payment, the APR on the mortgage can be determined.

**mortgage cost calculator** to estimate the cost of the loan in terms of fees and points paid. This calculator leverages the fact the annual percentage rate, or APR, for a loan is determined using all out-of-pocket costs associated with the mortgage. The closer the quoted interest rate is to the APR, the lower the fees and other upfront costs such as points.

**rent versus buy a home calculator**. This free tool not only allows you to compare your monthly payments for renting, or buying, but offers additional analytics. The calculator provides an estimate of the home's future value, as well as the tax savings you'll realize when buying a home.

**mortgage tax deduction calculator**. It provides you with the total interest charges / tax deductions as well as the tax benefit over the life of a mortgage. The calculator also provides an amortization table, which provides the tax deduction by year.

**mortgage payoff calculator** to estimate how much money you might be able to save, and the number of months that are shaved off the length of your loan, by paying more on your monthly mortgage payment than your regularly scheduled amount. This payoff calculator only requires four inputs: the initial mortgage amount, the annual interest rate charged on the loan, the length of the loan, the remaining principal on the mortgage, and the additional payment you wish to make each month.

**mortgage amortization table calculator** to determine your monthly mortgage payments, and the remaining loan balance at the end of each year through the creation of an amortization table for the loan. This calculator only requires three inputs: the total home loan amount, the annual interest rate, and the length of the loan.

**balloon mortgage** may be a good option for many potential homeowners. The term of a balloon mortgage is usually rather short, from 1 to 10 years. The payments for this type of mortgage, however, are based on a term of 30 years. Balloon mortgages often carry a lower interest rate, and are often easier to qualify for than a traditional 30 year fixed rate mortgage. This benefit comes with a risk. At the end of the balloon's term, you need to pay off the outstanding balance of the loan.

**blended rate mortgage calculator** to figure out the blended interest rate on a combined financing arrangement. The calculator not only provides the blended interest rate, but the monthly payment amount for each loan, and the blended mortgage payment.

**biweekly mortgage calculator** will show you exactly what you can expect in terms of real savings.

**adjustable rate mortgage (ARM) calculator** allows you to see how your monthly payments with an ARM type loan might change over time. This calculator allows you to evaluate true ARM loans, as well as hybrid loans. This planning tool provides estimates of initial monthly mortgage payments, maximum payments, and presents the data for each year of the mortgage.

**escrow calculator** that can help you estimate what you might expect to pay each month into an escrow account. This online tool will calculate a starting escrow balance, as well as the maximum and minimum account balances.

**HELOC calculator** helps you to understand the payment patterns associated with a home equity line of credit. The calculator begins by asking the user to supply variables such as the current HELOC balance, interest rate on the loan, draw and repayment periods. Using this information, the calculator then provides values that include the monthly payment, ending loan balance, as well as the repayment amount.

**interest-only mortgage calculator** to figure out your monthly payments if you decide to take out an interest-only loan. With an interest-only mortgage, you only pay interest charges. The principal, or balance, of the loan is never reduced. This keeps your monthly payments low, but increases the total interest charges over the life of the mortgage.

**refinancing a mortgage calculator** can help. We'll let you compare the monthly payment for each loan, so you can see how much you might save each month. The calculator requires two types of inputs: one for the existing mortgage, and one that represents the refinancing option. The calculator provides the savings achieved through refinancing on a monthly basis, as well as the savings over the life of the loan.

**option ARM calculator** provides you with a feel for the alternative payment arrangements this type of mortgage has to offer the home buyer. An option ARM is a mortgage where the borrower has the option of making a minimum payment, an interest-only payment, or a fully amortizing payment.

**reverse mortgage calculator** provides you with insights into how quickly your mortgage balance will grow over time. This calculator will not figure out a line of credit or lump sum payment based on your age and HUD rules. Using the assumptions gathered from other tools concerning the lump sum advance, interest rate, monthly payment and term of loan, this tool will calculate the mortgage balance over time.