Mortgage Calculators

Ready to crunch some numbers? You’ve come to the right place.

Planet’s free, simple mortgage calculators can help you plan your homebuying budget, weigh pros and cons, and make the right decisions as you buy or refinance a home.

If you’re ready to talk to a professional, give us a call at 888-966-9044 for more information — or get a free quote today.

What’s my mortgage payment?

Use this home loan mortgage payment calculator to find your monthly payment for fixed rate or adjustable-rate loans. You can even see an amortization table to break down your payment by principal and interest.

Rent vs. Buy — what’s right for me?

Should you rent or buy a home? Your monthly mortgage payment might be less than your rent, and owning a home allows you to gain equity, build net worth, and maybe even come out ahead on your taxes (but ask your financial advisor to be sure).

Is a debt consolidation loan a good option?

You can use this mortgage loan calculator to see the pros and cons of a debt consolidation loan to save money or simplify to a single monthly payment. Consult your financial advisor to be sure this is the right solution for your unique needs.

A debt consolidation refinance increases your mortgage debt, reduces equity, and extends the term on shorter-term debt and secures such debts with your home. The relative benefits you receive from debt consolidation will vary depending on your individual circumstances. You should consider that a debt consolidation loan may increase the total number of monthly payments and the total amount paid over the term of the loan. To enjoy the benefits of a debt consolidation loan, you should not carry new credit card or high interest rate debt.

How can I calculate my prepayment savings?

If you pay more than the minimum each month, depending on your mortgage loan, you might save interest and shorten the length of your loan. Use this calculator to see how that might work for you.

Should I make an early payoff?

In some cases, it might make sense to pay off your mortgage loan early. This mortgage payoff calculator will help you find what size payment will pay off your mortgage entirely. Take a look.

These calculators are great, but what are the mortgage rates today for buying or refinancing?

Good question! But rates change fast, sometimes more than once a day. You can be confident that at Planet, we work hard to get you the best rates available. Call us for current rates, dedicated service, and doing the math to get you home: 888-966-9044.

The information provided by these calculators is for illustrative purposes only and based on inputs from the user. Taxes, insurance, and other fees may apply and are not included in these calculators. Loan products vary and are subject to change at any time. Any results shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. The calculated results are intended for illustrative purposes only and accuracy is not guaranteed. This is not a commitment to lend.