How Much Can I Afford Calculator

The first and most important step in selecting a mortgage, is determining the monthly payment that is affordable. To help with this critical first step, Provider has compiled an assortment of calculators.*

Additional Mortgage Calculators:

Monthly Payment Calculator

This tool will calculate your monthly payment based on the loan amount, interest rate, and term that you provide.

Payment Schedule Calculator
This calculator will calculate the breakdown of principal and interest payments for each year that you will be paying for the life of the loan. You can also view the monthly breakdowns.

Extra Payment Calculator
This tool will allow you to see how much money you can save by increasing your monthly payment.

How Much Can I Borrow Calculator
To get a sense of how much you may be able to borrow, use this calculator. Please note that prequalification is different from a preapproval. Pre-qualification gives you an estimate of how much you may be able to borrow. Pre-approval, on the other hand, indicates that you have been approved for a set loan amount prior to property selection.

Rent vs. Own Calculator

To estimate the benefits of owning a home as opposed to renting, use this calculator.

Fixed Rate vs. ARM Calculator

This tool allows you to compare the monthly payment for Fixed Rate Mortgage and an Adjustable Rate Mortgage (ARM).

15-Yr vs. 30-Yr Mortgage Calculator
This tool compares 15 year and 30 year mortgages based on the loan amount and interest rate that you provide.

Refinance Interest Savings Calculator

This tool calculates your interest savings based on refinancing your existing mortgage.

Interest Only Calculator

This tool will calculate your monthly payment based on the loan amount, interest rate, and term that you provide.

The information provided by these calculators is for illustrative purposes only. The default figures 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.

* Legal Disclaimer:

These calculators are for demonstration purposes only. There may be additional variables that can effect your calculations.

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