Mortgage Calculators

Planning Your Financing

Step 1. How much can you afford?

  • 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.

Step 2. Mortgage Options

  • Fixed Rate Mortgage Loan
    Use this calculator to determine your monthly payment and amortization schedule.
  • Adjustable Rate Mortgages (ARM's)
    This calculator helps you to determine what your adjustable rate mortgage payment will be..
  • 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.
  • ARM vs. Fixed Rate
    This calculator helps you compare ARM's to Fixed rate loans.
  • 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.

Step 3. Refine Your Choices

  • Mortgage Points
    Should you buy points? Use this calculator to find out.
  • Mortgage APR (Annual Percentage Rate) 
    Use this calculator to find the APR on your mortgage.
    Compare options using the APR.
  • 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.
  • 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.

Refinancing

  • Refinance Breakeven
    Should you refinance your mortgage? Use this calculator to determine when you will breakeven!
  • Refinance Interest Savings
    Use this calculator to see how much interest you can save by refinancing your mortgage!
  • Mortgage Payoff
    Save thousands of dollars in interest by increasing your monthly mortgage payment.

Nobody Works Harder for You than We Do.  Period.


Julian & Mike @ Lydecker Realty 143 Main Street Nyack, NY 10960
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