Mortgage Calculators

A number of valuable mortgage calculators are available on our corporate website, which you may visit by clicking any of the links below. These calculators can often help you make sense of all of the numbers and weigh one scenario against another.

It is very important to remember, however, that the calculators may not tell the whole story. Schedule your free consultation with Fisher & Wallace to ensure that you are building a complete mortgage strategy that is integrated with the whole of your financial plan.

Mortgage Loan
Use this calculator to determine your monthly payment and amortization schedule.

Mortgage Points
Should you buy points? Use this calculator to find out.

15 vs. 30 Year Mortgage
Use this calculator to compare these two mortgage terms, and let us help you decide which term is better for you. Note: We do not recommend 15-year mortgages. Arrange for your free consultation to find out why!

Adjustable Rate Mortgages
This calculator helps you to determine what your adjustable mortgage payments will be.

Mortgage APR
Use this calculator to find the APR on your mortgage.

Mortgage Tax Savings
Interest and points paid for a home mortgage are tax deductible. Use this calculator to determine how much your mortgage could save you in income taxes.

Balloon Mortgages
A balloon mortgage can be an excellent option for many home buyers, use this calculator to see if a balloon mortgage might fit your needs.

ARM vs. Fixed Rate
This calculator helps you to determine what your adjustable mortgage payments will be.

Interest Only Mortgage Calculator
Use this calculator to generate an amortization schedule for an interest only mortgage.

Option ARM vs. Fixed Rate Mortgage Calculator
Use this calculator to find out how much money you could save with an Option ARM loan.

Budget Calculators

Mortgage Qualifier
Can you buy your dream home? Find out just how much you can afford!

Required Income
Use this calculator to determine how much income you need to qualify for a mortgage and how different interest rates affect your required income.

Maximum Mortgage
Use this calculator to determine your maximum mortgage and how different interest rates affect your how much you can borrow.

Mortgage Payoff
Save thousands of dollars in interest by increasing your monthly mortgage payment. Note: We do not recommend accellerated pay-offs, and we feel it is a mistake to plan a mortgage in this way. Arrange for your free consultation to find out why!

Bi-weekly Payments
Using bi-weekly payments can accelerate your mortgage payoff and save you thousands in interest. Use this calculator to compare a typical monthly payment schedule to an accelerated bi-weekly payment. Note: We do not recommend bi-weekly payments, and we feel it is a mistake to plan a mortgage in this way. Arrange for your free consultation to find out why!

Rent vs. Buy
Are you better off buying your home, or should you continue to rent?

Refinance Calculators

Refinance Interest Savings Use this calculator to see how much interest you can save by refinancing your mortgage!

Refinance Breakeven
Should you refinance your mortgage? Use this calculator to determine when you will breakeven!