Home Mortgage Calculator      
This calculator is designed to calculate housing costs under several scenarios as well as the amount of cash needed at closing for each scenario. These scenarios can be compared to determine the most favorable option.
           
    Scenario 1 Scenario 2 Scenario 3 Scenario 4
Price of the home  
Estimated closing costs  
           
Total cost of the home  
           
Down payment  
Closing costs paid at closing  
           
Net amount to be financed  
           
Points  
           
Annual interest rate   
           
Loan repayment term (months)  
           
Annual property taxes  
Annual homeowner's insurance  
Annual association / condo fee  
           
Monthly Payment (P&I)  
Total Monthly Payment  
           
Total P&I payments over life of loan  
Total interest over life of loan  
           
Points paid at closing  
           
Total Cash Needed at Closing