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Your complete
mortgage picture.

Every loan type, every cost, every scenario — so you can buy with confidence.

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Loan Details
Home Price $400,000
$50k$3M
Down Payment 20% — $80,000
0%60%
% or
Your Quoted Rate shop lenders 7.00%
1%15%
Loan Term 30 years
10 yr30 yr
Location & Extras
State property tax rate
Home Insurance (est.)
PMI / MIP
Monthly Payment (PITI)
$—
principal · interest · taxes · insurance
P & I
$—
Property Tax
$—
Insurance
$—
PMI / MIP
$—
Loan Amount
$—
after down payment
Total Interest
$—
over full term
Total Loan Cost
$—
P&I + upfront fees
Payoff Date
—
estimated
What Rate Can I Expect?
Based on Fannie Mae LLPA pricing — the actual grid lenders use
Enter your credit score to see your estimated rate and every factor driving it
—est. rate
Credit score range
Loan purpose
Your estimated rate
— %
rounded to nearest 0.125%
Market base rate —%
Total adjustment —
vs. best possible rate —
What's driving your rate
Estimated using Fannie Mae LLPA pricing for conventional conforming loans. Actual rate depends on lender margin, DTI, property type, and market conditions. Get quotes from 3+ lenders to find your real rate.
Income Qualifier
Based on the 28/36 rule — lenders prefer housing costs ≤28% of gross income
Find out the minimum salary needed to qualify for this mortgage
—min. salary/yr
Min. Monthly Income
$—
to qualify (28% rule)
Min. Annual Salary
$—
gross income needed
Max Debt (36% rule)
$—
total monthly obligations
Loan-to-Value
—%
—
Housing DTI at min. salary28% threshold
Closing Costs Estimator
Typical range is 2–5% of the loan amount — often forgotten in budgeting
See the full itemized breakdown of what you'll owe at the closing table
—est. due at closing
Should You Buy Down Your Rate?
Your quoted rate is —%. Each point costs 1% of your loan and buys your rate down ~0.25%.
Compare every point scenario side by side — cost, monthly savings, and exact break-even
—break-even
Points
Rate
Upfront Cost
Monthly P&I
Mo. Savings
Break-Even
Interest Saved
Verdict
Extra Monthly Payment
Your required payment never changes — extra money goes straight to principal
See how much interest you'd save — and how many years you'd shave off
—total interest
Extra Monthly Payment $0
$0$2,000
How it works: Your lender won't lower your bill. Instead, extra payments reduce your principal balance faster — meaning less interest accrues every month after that. The savings compound over time.
$— required + $0 extra = $— total/mo
Without Extra Payment
—
total interest
With Extra Payment
—
total interest
Interest saved
$—
Paid off sooner by
—
7.0%
Prepay Mortgage
Invest Instead
What you put in
—
—
What you get back
—
—
Effective return
—
—
Risk
Guaranteed
Market risk
Verdict
—
—
Set an extra payment above to compare your options.
Why people pay extra
📉
Save on interest
Even $100/mo can save tens of thousands — the math is often shocking
🏠
Build equity faster
More equity = more options. HELOCs, refinancing, and selling all get better
🔒
Guaranteed "return"
Paying down a 7% mortgage is a risk-free 7% return — hard to beat safely
😌
Peace of mind
Many buyers pay extra while income is high before kids, college, or retirement
Equity Built vs. Interest Paid
See how your equity grows year by year — and how much goes to interest vs. principal
—equity at yr 10
Equity Interest
Amortization Schedule
Full year-by-year breakdown of principal, interest, balance and equity
—total paid
YearPrincipalInterestBalanceEquity
Is It Worth Refinancing?
Uses your current loan details — just enter a new rate and how long you'll stay
Get a clear yes/no with break-even math based on your exact numbers
Current rate
7.00%
from your loan above
→
New quoted rate
%
You plan to stay
Current payment
$—
at —%
→
New payment
$—
at —%
per month
Monthly savings
$—
new vs. current P&I
Cost to refinance
$—
est. 2% of balance
Break-even
—
cost ÷ monthly savings
Net savings
$—
after refi costs
—
Enter a new rate above to see your recommendation.