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NMLS 2705737 Learning Center
Calculators

Thirteen calculators. Every number worth knowing.

Each returns a plain verdict, not just a figure. No sign-up, no email gate, no credit pull.

Tool 01

How much house can I actually afford?

Not what you technically qualify for — what fits. Enter your income and debts and this works backwards to a purchase price.

Before tax, all borrowers combined.

Car, student loans, credit card minimums, child support. Not rent.

43% is the common conventional limit. Some programs stretch to 50%, but borrowing to the ceiling means every month is tight. Drag it down to see what comfortable looks like.

Local costs (pre-filled)
Tool 02

What will the payment actually be?

The whole payment — taxes, insurance, HOA and mortgage insurance included. Not the number in the advert.

Tool 03

Should I buy points?

Only if you keep the loan past the break-even. This tells you which month that is, so you can compare it against how long you actually plan to stay.

One point = 1% of the loan amount. Your Loan Estimate shows this in section A.

Be honest. Median US homeowner tenure is roughly 11–13 years, but most people refinance sooner.

Tool 04

Is refinancing worth it?

A refinance that never pays back its closing costs is just a fee. This shows the month it turns positive.

Principal and interest only — exclude escrow.

Rolling costs into the loan does not make them free — it just moves where you pay them.

Tool 05

Rent or buy?

Buying is not automatically better. Over a short horizon, transaction costs usually beat any equity you build.

Assumptions (adjustable)

Also assumed: 1.2% property tax, 0.4% insurance, 1% annual maintenance, and 7% total cost to sell (agent commissions plus closing).

Tool 06

How much cash do I need to close?

The down payment is not the whole number. This is the figure that surprises first-time buyers.

Negotiated seller concessions or lender credits taken in exchange for a higher rate.

Credited back to you at closing, so it reduces what you wire on the day.

Tool 07

What do extra payments actually save?

Extra principal is a guaranteed, tax-free return equal to your rate. Here is exactly what it buys.

Specify “apply to principal” when you pay, or the servicer may hold it as a prepaid regular payment.

Tool 08

Your full amortization schedule

Year by year, how the interest and principal split shifts — and when it finally crosses over.

Crossover More of your payment goes to principal than interest from year 18.
YearInterestPrincipalBalance
Tool 09

When does PMI drop off?

Automatic termination, the request threshold, and how appreciation can get you there far sooner.

Appreciation-based removal usually needs a new appraisal and servicer-specific seasoning. Set to 0% to see the schedule-only dates.

Tool 10

Does this rental qualify? (DSCR)

The property qualifies on its own rent. This is the ratio a lender will calculate.

Lenders generally use the lower of the lease or the appraiser’s Form 1007 market rent.

Tool 11

Seller net proceeds

Gross price is the number you quote. This is the number you keep.

Commission is negotiable and is not set by law. Drag it to compare scenarios.

Tool 12

Temporary buydown (2-1 and 3-2-1)

Often funded by a seller or builder. Here is what it actually costs and what it saves you.

Buydown structure
Tool 13

Recast vs extra payments

Same lump sum, two very different outcomes. One lowers your payment; the other shortens the loan.

Ready when you are

Numbers done. Ready when you are.

The application takes about fifteen minutes and does not lock you into anything.

No fee · No obligation · Pre-approval typically under an hour · Call or text 24/7 · NMLS 2705737

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