realestate-mortgage

To calculate your mortgage payment including property taxes and PMI, input the property price, down payment, and loan type. The tool computes amortized monthly P&I, then adds PITI components like taxes, insurance, PMI, and HOA fees for a total payment.

You can find how much house you can afford by applying 28/36 DTI affordability guardrails. Input your income and debts to estimate the maximum purchase price that fits within standard debt-to-income ratio screening limits.

The refinance break-even point is calculated by comparing your current mortgage rate against the new rate. Input your remaining loan balance and new rate assumptions to determine when monthly savings offset closing costs.

Comparing 30-year fixed, FHA, and ARM loan scenarios produces side-by-side tables showing monthly payments, cash-to-close, and total interest. Input a property price to evaluate multiple loan types simultaneously.

Renting vs buying is evaluated using a break-even and 5-year wealth framing. Input your target property price and local costs to compare the long-term financial outcomes of renting against purchasing.

Yes, affordability screening works with location-specific property taxes. Applying location-based cost assumptions allows the calculator to accurately estimate PITI components and DTI-based maximum purchase prices for specific areas.