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Mortgage and Financial Calculators


NOTE: All of these mortgage and financial calculators have been tested for accuracy, however, the accuracy and results are not guaranteed.
  • Full Mortgage Amortization Schedule with Prepayment option - Calculate a wide variety of mortgage scenarios.

  • Adjustable Rate Mortgage Amortization Schedule with APR and Lender Cost options - Calculate a wide variety of adjustable rate mortgage scenarios. Allows you to include all lender costs except mortgage insurance.
  • Income Qualification Calculator - How much Income do you need for a Mortgage?
  • How much house can you afford? - for qualification of mortgages
  • Rent vs. Buy? - Compare your costs to rent a home with the cost of purchasing. See which makes better sense.
     
  • Prepayment/Biweekly Mortgage calculator - Take your current balance and look at your loan reduction. Does biweekly mortgages too. Allows input of your originating loan values.
  • Prepayment vs. Investment -- which is best for you? If you have an extra amount you can pay each month should you pay down your loan or invest it.
  • FHA vs. Conventional 95 LTV loan calculator - This shows two very popular plans for first time buyers and how much house you can afford with your cash and income levels.
  • Balloon Calculator - 5/25 and 7/23 Balloon Convertible Mortgages analysis
  • APR Calculator - See what that loan REALLY costs you
  • APR Calculator #2 - Same as above with different options to find the APR of a loan given points, and other included costs.
  • Mortgage Duration - Calculate how long a loan will last with a set payment, or find how much to pay to end your loan at a certain time period.
  • Monthly Payment table generator - Generate Loan payment tables to see your payment at various interest rates.
  • Nominal and Effective Interest Rate calculator   - Calculate Nominal and Effective Interest Rates.
  • Simple Loan Calculator - Only three inputs, loan amount, interest and length of loan, calculates the monthly payment for any type of fixed payment, fixed period amortized loan (mortgage, car loan, etc).
  • Roth IRA Conversion Calculator - Compare your current IRA with a conversion to Roth IRA comparison.
  • Retirement Payout Calculator - a modification of "duration.cgi" to show the fixed payout out of an annuity in a perfect world.
  • Wealth Calculator This uses the formulas and discussion from Stanley and Danko's best-seller The Millionaire Next Door so you can see how wealthy you really are.
  • Estate Tax Calculator Estimate your total taxable estate and how much estate tax you would pay!
  • IRA/401K/403B Calculator  Note that this follows current "standard" IRA laws. And remember when you take withdrawals from your Roth IRA's you PAY NO TAX! They are really too good to believe. Roll over your present IRA's next year while you can!
  • What's Your Yield? Find the long term yield of your investments given start and ending amounts and how much you contribute each month.
  • Simple Savings Calculator - Given a beginning balance and a monthly deposit, watch you money grow!
  • Tuition Savings Calculator - We're going to have another child! That means one more body to send to college! Let's see how much it will cost...
  • Canadian mortgage payment calculator - Now both calculates loan amount or monthly payment for those of you in the "Great White North"
  • Retirement Calculator - Enter required income, number of years, and inflation and this will tell you how much you must put away.
  • Compounding Yield Calculator - Calculate Annual Yield of an Investment
  • Lease Calculator - Car leasing payment calculator
  • Future Value/Tax deferred annuity calculator

  • Direct questions, comments to: Matthew J. Rainoff

  • Special thanks to Hugh Chou for his expertise on these calculators!