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US mortgage tools
Free, transparent mortgage tools to help you understand your numbers — not pressure you into a loan.
Example rate, not a live quote.
Loan term
Principal and interest
$2,075.51
Loan amount $320,000.00. This quick result leaves out taxes, insurance, HOA, and PMI.
Open the full payment calculatorFree to use
No account is required to run a calculator.
Numbers stay here
Saved inputs stay in this browser. They are not sent to a lender.
Assumptions are labeled
Example rates, PMI, and fees are marked as assumptions.
Not a lender
Nothing on this site is an application or a loan offer.
A fixed-rate estimate of principal, interest, taxes, insurance, HOA, and PMI. The starting rate is an example, not a live quote.
An educational 28/36 estimate. It is not a pre-approval, and lenders use their own limits.
See how each payment splits between principal and interest until the balance reaches zero.
The extra-monthly path and the one-time path are calculated separately.
Closing costs in this model are added to the new loan. A higher payment does not get a break-even period.
Appreciation and investment returns are assumptions. Tax deductions are not included.
Cash required includes a closing-cost percent you can change. It is not a lender quote.
One point is often 1% of the loan. The rate reduction per point comes from the lender, not from this site.
Fee and eligibility details are subject to current FHA rules. This does not mean you qualify.
VA loans are for eligible service members, veterans, and some surviving spouses. This page does not decide eligibility.
These fees are assumptions. USDA eligibility depends on the property location and household income.
This is not a guaranteed quote and it does not apply a hidden state-tax table.
The labels describe common teaching ranges. They are not a lender's approval or denial.
The default 80% combined LTV is an assumption, not an offer of a home-equity loan or HELOC.
The future rate is a scenario you enter. It is not a forecast and it is not guaranteed.
PMI prices vary by borrower and loan. Removal dates are an educational model, not a servicer's promise.
Interest falls in this model only if each half-payment is applied to the loan.
The lowest payment, lowest interest, and lowest total are labeled in words. You can add or remove a third scenario.
A 30-year payment can look easier and still cost more interest than a 15-year loan. The compare tool puts two or three offers next to each other and labels the lowest payment, the lowest interest, and the lowest total in words.
Open compare scenariosWhat a mortgage payment is made of, how amortization works, and which numbers are assumptions.
The 28/36 guideline, why debt can limit the price more than income, and what the estimate leaves out.
What a refinance replaces, how closing costs enter the new loan here, and when a lower payment is not the whole story.
Extra principal, biweekly drafts, and a shorter term, and what each one does to interest.
Conventional, FHA, VA, USDA, and jumbo loans, and which calculator matches each fee.
The order of operations for a first purchase: budget, documents, pre-approval, offer, and closing, without a lender pitch.
Calculators work without an account. This site does not store email addresses. Write to hello@mortgageguide.tools and include the page address if a figure looks wrong.