From estimating payments to comparing interest rates, MortgagesTools puts the power of planning in your hands.
MortgagesTools helps you take control of your mortgage decisions with smart calculators and live rate data. We’re not a lender—we’re your go-to source for clear, unbiased tools that make home financing easier, faster, and more transparent across the U.S. and Canada.
Free Mortgage Calculators.
Accurate Mortgage Rates
Easily estimate your monthly mortgage payments based on loan amount, interest rate, amortization term, and down payment, giving you a clear idea of your budget.
Check-inQuickly determine how much home you can afford based on your income, monthly expenses, debts, and preferred loan terms, helping you set realistic buying goals.
Check-inFind out how much loan you may qualify for by calculating backward from your desired monthly payment, current interest rate, and amortization period.
Check-inCompare the long-term costs and savings between different mortgage terms, helping you choose between shorter terms with higher payments or longer ones with lower payments.
Check-inVisualize the impact of different interest rates on your monthly payments and overall mortgage cost to make smarter rate decisions.
Check-inCompare the initial benefits and long-term risks of fixed and adjustable-rate mortgages so you can select the loan type that matches your financial strategy.
Check-inSee how switching from monthly to biweekly payments could shorten your mortgage term and significantly reduce total interest costs.
Check-inCalculate initial low payments during the interest-only period and anticipate full payments after it ends, useful for short-term cash flow planning.
Check-inGenerate a full year-by-year breakdown of your mortgage, showing how each payment splits between principal and interest over time.
Check-inEstimate how much interest you’ll save and how much earlier you can become debt-free by making extra payments toward your loan.
Check-inEstimate total closing costs including lender fees, taxes, and other charges based on home price and location, giving a clearer view of upfront costs.
Check-inGet a reliable estimate of your property tax bill based on your home’s market value and local tax rates for smarter financial planning.
Check-inCalculate monthly PMI payments and find out how soon you can cancel it once your equity surpasses the required threshold.
Check-inEstimate how much homeowners insurance might cost annually based on your home’s size, value, and location, helping you budget more accurately.
Check-inGet a quick estimate of title insurance costs for buyers and lenders, which helps protect ownership rights and prevents future legal issues.
Check-inCalculate your complete monthly housing expense by factoring in mortgage payments, taxes, insurance, and other homeownership costs.
Check-inUnderstand the true cost of your mortgage per year, including fees and compounding interest, so you can compare loans fairly.
Check-inSee your mortgage’s total lifetime cost by combining principal, interest, fees, and other expenses, giving you a big-picture view.
Check-inEstimate how much you can save each month and over time by refinancing to a better interest rate or loan term that suits your goals.
Check-inCalculate how many months it will take to recover the costs of refinancing through lower monthly payments to ensure it’s worth the switch.
Check-inSee how much equity you can access with a cash-out refinance and how the new loan affects your monthly payments and interest.
Check-inCompare your current loan with a refinanced one using new rates or terms to evaluate savings and payoff advantages.
Check-inCompare refinancing an ARM into a fixed-rate mortgage to determine long-term savings and stability under each option.
Check-inCalculate your DTI ratio by comparing monthly debt to income, helping you determine if you meet lender requirements for a mortgage.
Check-inDetermine your LTV ratio to see how much equity you have in your home and whether you need PMI or qualify for better rates
Check-inEstimate how changes in your credit score could influence mortgage approval, interest rates, and monthly payments.
Check-inEstimate how much mortgage you can qualify for based on income, credit score, and debt levels to know your home buying limits.
Check-inEstimate monthly payments for investment properties, including rental income and expenses, to understand profitability.
Check-inCalculate your return on investment by comparing rental income, expenses, and purchase costs to see if the property is worth buying.
Check-inDetermine your capitalization rate to evaluate investment property performance and compare rental opportunities.
Check-inMeasure your property’s net income versus its debt payments to evaluate eligibility for investor loans or commercial financing.
Check-inSearch by ZIP code or city to get accurate local property tax rates and better understand your long-term homeownership costs.
Check-inCheck province or state-level programs to see if you qualify for grants, reduced rates, or down payment assistance as a first-time homebuyer.
Check-inTrack historical and current mortgage rate trends in your area to choose the best time to lock in your rate.
Check-inEstimate monthly payments, upfront mortgage insurance, and qualifications for FHA loans designed for first-time or low-income buyers.
Check-inCalculate zero-down VA loan payments and eligibility based on military service, providing insight into one of the best veteran benefits.
Check-inEstimate payments and check eligibility for USDA loans in rural areas, including mortgage insurance and property restrictions.
Check-inDetermine if you qualify for a jumbo mortgage and calculate monthly payments for high-value properties exceeding standard limits.
Check-inEstimate how much equity you can convert into cash with a reverse mortgage, ideal for seniors looking to supplement retirement income.
Check-inCalculate fixed payments on a home equity loan and see how borrowing against equity affects your overall finances.
Check-inEstimate monthly payments and borrowing limits for HELOCs based on your home’s value and credit score.
Check-inCombine renovation costs and home purchase into one loan to estimate total payments and eligibility.
Check-inProject how your payments will change over time with adjustable interest rates and compare them to a fixed loan.
Check-inEstimate monthly payments and the final balloon payment due at the end of the term, ideal for short-term buyers or investors.
Check-inUnderstand how mortgage points and closing fees affect your total loan cost and break-even period.
Check-inCalculate the total interest you’ll save by making regular extra payments and reducing your mortgage timeline.
Check-inCompare several mortgage offers side by side to pick the one with the best rates, terms, and lowest total cost.
Check-inEstimate potential federal tax savings from deducting mortgage interest based on your loan and income bracket.
Check-inCalculate how much tax you might owe after selling your home, considering purchase price, improvements, and exemptions.
Check-inSee how much cash you’ll take home after selling your property by subtracting fees, taxes, and outstanding loan balance.
Check-inReal feedback from people who simplified their mortgage journey with MortgagesTools.
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"Easiest decision-making process thanks to MortgagesTools!"
"The clean interface and accurate info saved me days of research. Brilliant!"
"I found the best rate in minutes, without the usual stress or endless comparisons."
“The calculators are super easy to use and helped me clearly understand what I could actually afford for my new home.”
"So easy and quick. Found my best option in less than 10 minutes!"
"I loved how transparent everything was. No hidden fees or confusion."
Simple tools with instant, clear results.
Live rates tailored to your city.
No lenders, no pressure—just facts.
Let a Pennymac loan expert uncover the best mortgage rate and savings tailored to you, so you can achieve your aspirations of home.
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