Run the numbers before you make your move.

Three practical tools for estimating payments, exploring affordability and understanding the impact of extra principal.

Monthly Mortgage Payment

Estimate the complete monthly housing payment.

Enter the property-specific taxes, insurance and fees whenever they are available.

Purchase price$Down payment$Interest rate%Loan termAnnual property taxes$Annual homeowners insurance$Monthly HOA or association fee$Monthly PMI or FHA MIP$

Home Affordability

Translate income and debts into an approximate buying range.

This educational estimate uses the lower of a 28% housing ratio or a 43% total debt-to-income ratio.

Annual gross household income$Monthly debt payments$Available down payment$Estimated interest rate%Loan termEstimated annual property taxes$Estimated annual homeowners insurance$Monthly HOA or association fee$Estimated monthly PMI or MIP$

Extra Payment and Early Payoff

See what a little extra principal can accomplish.

Compare the original schedule with a fixed additional principal payment every month.

Original loan amount$Interest rate%Original loan termExtra principal each month$

Educational estimates only

Calculator results are estimates, are not APR, and are not a commitment to lend, loan qualification or preapproval. Actual payments, rates, mortgage insurance, taxes, insurance, fees, terms and eligibility may differ. All loans are subject to credit approval and underwriting.

Timothy J. Fox, Mortgage Loan Originator, NMLS #2017742. Licensed in New York and New Jersey. FBC Mortgage, Inc., NMLS #17252. Equal Housing Opportunity.