Mortgage calculators

Run the numbers yourself.

Straightforward calculators for buying, refinancing and everything in between. You enter the rate and every assumption, each page shows the formula it uses, and nothing is hidden behind a sign-up.

Buying

Payments, cash to close and the rent-or-own question.

Monthly PaymentMost usedPrincipal, interest, taxes, insurance, HOA and mortgage insurance in one monthly figure, with a full schedule.Cash to CloseMost usedDown payment, lender and title fees, prepaid items and credits added up to the amount due at signing.Rent or BuyNet worth after renting versus owning over the years you plan to stay, with appreciation and investment return.Down Payment Savings PlanHow long until you have enough saved for your down payment and closing costs, at different down payment levels.Mortgage Insurance (PMI)The monthly cost of PMI with less than 20% down, and the month it can come off.

Budget & Qualifying

How lenders look at income, debts and price range.

How Much Can I AffordMost usedA price range from your income, debts and down payment, the maximum loan at nearby rates, and the income a target price needs.Debt-to-Income RatioYour housing and total debt ratios, the two numbers lenders look at first.Mortgage Interest Tax SavingsWhether itemizing mortgage interest and property tax beats the standard deduction, and what it may be worth.Seller Net ProceedsWhat a seller walks away with after the payoff, commissions, title, excise tax and concessions.

Loan Types

Side-by-side math for government, jumbo, adjustable, interest-only and balloon loans.

FHA LoanUpfront and annual MIP, minimum down payment and the full FHA payment.VA LoanThe VA funding fee by down payment and use, the exemption, and a payment with no monthly MI.USDA LoanZero-down USDA payment with the 1% upfront and 0.35% annual guarantee fees.Jumbo vs. First + SecondOne jumbo loan compared with a conforming first loan plus a second lien, including the blended rate.Adjustable vs. FixedAdjustable-rate payments year by year under a likely path and a worst case, set against a fixed rate.Interest-OnlyThe lower interest-only payment, the jump when principal payments begin, and the total cost.Balloon MortgageA payment figured on a long amortization, the lump sum due at the balloon date, and what you pay along the way.15 vs. 20 vs. 30 YearsPayment, total interest and equity for three loan terms side by side.

Refinancing & Rate

Break-even points, cash-out, points and true borrowing cost.

Refinance Break-EvenMost usedMonthly savings, the break-even month and the net result over the time you’ll keep the loan.Cash-Out & Debt ConsolidationCash available from your equity, the new payment, and the long-term cost of moving debts into the mortgage.Points & Rate BuydownsBreak-even on discount points, plus the cost and payment schedule of a temporary 2-1 or 3-2-1 buydown.APRThe annual percentage rate once points and prepaid finance charges are included.

Equity & Payoff

Paying it down faster, schedules, borrowing against equity and reverse mortgages.

Early Payoff & BiweeklyMost usedInterest and years saved with extra monthly, yearly, one-time or biweekly payments.Amortization ScheduleEvery payment split into principal and interest, by month or by year, with payoff dates.Reverse Mortgage EstimatorAn educational range for how much a homeowner 62 or older might access, after paying off the current mortgage and estimated costs.HELOC & Home Equity LoanEquity you could borrow against, plus payments during the draw and repayment periods, set against a fixed home equity loan.

More Tools

Other free tools on this site.

Down Payment AssistanceSee what assistance you may qualify for in North Idaho or Eastern Washington.Compare Loan EstimatesAlready have a Loan Estimate? Get a clear side-by-side review.Long-Term Rental AnalyzerCash flow, cap rate, cash-on-cash and DSCR for a rental property.Short-Term Rental AnalyzerNightly rate and occupancy turned into income, cash flow and DSCR.

Educational estimates only, not a loan offer, rate quote or commitment to lend. Rates you enter are examples, so check current rates before deciding.

These calculators are being provided for educational purposes only. The results are estimates based on information you provided and may not reflect CrossCountry Mortgage, LLC product terms. The information cannot be used by CrossCountry Mortgage, LLC to determine a customer’s eligibility for a specific product or service.

Austin Gerimonte, NMLS #2277430 · CrossCountry Mortgage, LLC NMLS #3029 · Equal Housing Lender · NMLSConsumerAccess.org