Financial Calculators

How Can Owning A Home Cost Less Than Renting An Apartment?

These calculators give you numbers you can use immediately for planning the purchase of a new home or paying off the one you have.

Simple Payment Calculator
With just the loan amount, term and interest rate you can find out what your monthly house payments will be, excluding taxes and insurance.

PITI Calculator
In many cases, insurance and property taxes are rolled into your loan. Use this calculator to estimate your monthly out-of-pocket expenses.

Qualifying Calculator
How much money do you need to make to qualify for a particular home? This calculator will tell you. However, you may want to adjust the qualifying ratios. Give us a call if you’d like to know what we recommend.

Rent vs. Own
Can you really save money by buying a house? Find out quickly and easily. Rents have risen considerably recently. Not only can you save money with the tax deduction that home ownership provides, you also make a long-term investment that can offer high rates of return.

Prepay Principal or Invest the Money?
It sure would be nice not to have a house payment – but is that really the best way to spend your money? If you are locked in at a low interest rate, pre-payment may not be the best choice. Remember, the interest you’re paying on your home is tax-deductible. Use this calculator to help you decide whether it makes more sense to pay down your mortgage or invest elsewhere.