Mortgage Calculators
Estimate your payment, see if refinancing makes sense, or find out how much home you can afford — all in one place.
Mortgage Payment Calculator
Estimate your monthly payment including taxes & insurance
Loan Details
Taxes & Insurance (optional overrides)
Monthly Payment Breakdown
Estimated Monthly Payment
$3,537.59
5% down · 6.5% rate · 30-yr fixed
* PMI/MIP is typically required when putting less than 20% down. Rate shown is an estimate; actual rate may vary.
Mortgage Refinance Calculator
Compare current vs. new loan — savings, break-even, and more
Current Loan
Principal & interest only — not taxes or insurance
New Loan
Additional funds received at closing above your current balance
Typically 2–3% of the loan amount
Refinance Analysis
Current Payment
$2,595.00
P&I / month
New Payment
$2,439.78
P&I / month
Monthly Savings
+$155.22
Annual savings
+$1,862.61
Strong Candidate for Refinancing
You'd save $155/month and break even in 22 months. Combined monthly and interest savings total an estimated $18,337 over the life of the loan. This looks like a solid move.
Your actual break-even may be even shorter
This estimate reflects your P&I payment savings only. Additional factors that can reduce your break-even period and increase monthly savings include:
- 1Skipping a mortgage payment — most borrowers skip one payment at closing, already factored into the break-even above.
- 2Dropping PMI — if your new loan-to-value is 80% or below, you may eliminate mortgage insurance entirely.
- 3Debt consolidation — rolling high-interest debt (credit cards, personal loans) into your new mortgage can significantly reduce total monthly obligations.
Home Affordability Calculator
Based on 48% debt-to-income ratio
Your Financial Profile
How this works
We use a 48% back-end DTI ratio. Max housing payment = (gross income × 48%) − existing debts. We solve for the purchase price where your full PITI payment (P&I, taxes, insurance, and PMI if applicable) fits within that budget.
Your Affordability Estimate
Estimated Max Home Price
$425,866.32
6.5% rate · 30-yr fixed · 48.0% DTI
These calculators are for educational and estimation purposes only. Results are not a commitment to lend. Actual loan terms, rates, payments, and qualification depend on your credit profile, income, assets, and other factors. Refinance savings estimates are illustrative and do not account for all costs. Contact Scott Kepler Mortgage Team for a personalized quote. Scott Kepler | NMLS# 833792 | Mortgage Approval Group, LLC | NMLS# 1742769.
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