Mortgage Calculators
Use our interactive calculators to estimate your payments, analyze investment properties, and see how much you can save by refinancing.
Mortgage Calculator
How much can I afford?
📉2-1 Buydown Calculator
Lower 1st & 2nd year rate
⚖️Rent vs. Buy
Which is better for you?
📊Refinance Savings
Should I refinance?
🏢Investment (DSCR)
Analyze rental income
💰Extra Payment
Save time & interest
🏡NJ DPA Estimator
Down payment assistance
🏦HELOC / Equity
Tap into your home value
How Much Can I Afford?
Estimate your monthly mortgage payments including taxes, insurance, and HOA fees to see how much home fits your budget.
Mortgage Payment Calculator
Estimate your complete monthly mortgage payments
Rent vs. Buy Calculator
Compare the long-term costs of renting versus buying a home.
Rent vs. Buy Calculator
Compare the long-term costs of renting versus buying a home
Cost of Renting (10 yrs)
$343,916
Net Cost of Buying (10 yrs)
$237,942
Break-Even Point
Year 4
Buying is cheaper!
How is this calculated?
Cost of Renting: Cumulative rent paid over time, factoring in annual rent increases.
Net Cost of Buying: Cumulative out-of-pocket expenses (Down payment, principal, interest, taxes, insurance, HOA, maintenance) minus the proceeds you would get if you sold the home at the end of the period (estimated home value minus remaining loan balance and 6% selling costs). Your Equity grows as you pay down the loan and the home appreciates.
Refinance Savings Calculator
See if refinancing makes sense for you by comparing your current mortgage with a new loan to calculate potential monthly savings.
Refinance Calculator
See how much you could save by refinancing
* This is an estimate of Principal & Interest only. Taxes, insurance, and other fees are not included.
Investment Property (DSCR) Calculator
Analyze investment properties using the Debt Service Coverage Ratio (DSCR). See if the expected rental income qualifies for a Non-QM investor loan.
DSCR Analysis
DSCR Ratio
1.14
Acceptable - May require higher reserves/rate
Extra Payment Savings Calculator
See how much time and interest you can save by making additional monthly payments towards your principal balance.
Amortization Savings
Interest Saved
$68,042
Time Saved
4y 9m
NJHMFA Down Payment Assistance Estimator
Estimate your eligibility for up to $15,000 in New Jersey DPA. Adjust the inputs to see how income, credit, and purchase price affect your assistance estimate.
NJHMFA DPA Estimator
Adjust the sliders to estimate your New Jersey assistance
Likely Eligible!
Estimated DPA Assistance
$15,000
Up to $15,000 as a 5-year forgivable, 0% interest second mortgage (forgiven 20% per year).
Based on your inputs, you appear to meet the core NJHMFA Down Payment Assistance requirements. Rich Bolt can confirm your full eligibility and lock in your assistance amount.
Income within NJHMFA limit
Your income $95,000 vs limit $169,620
Purchase price within county limit
Home price $400,000 vs Morris limit $576,000
Credit score meets 640 minimum
Your score 700 (strong)
First-time buyer status
First-time buyer (no ownership in last 3 years)
Morris County Limits
This estimator provides a general guideline based on publicly available NJHMFA program parameters and is for informational purposes only. It is not a commitment to lend or a guarantee of assistance. Actual eligibility, income limits, and purchase-price limits are set by NJHMFA and subject to change. Contact Rich Bolt (NMLS #222703) for a personalized qualification review.
HELOC & Home Equity Calculator
Calculate how much equity you can tap into and estimate your monthly payments for a Home Equity Loan or HELOC.
Most lenders allow up to 80-90% Loan-to-Value.
Your Home Equity
Max Available to Borrow
$100,000
Estimated Monthly Payments
Interest Only (HELOC)
$354
Amortizing (Home Equity Loan)
$492
Ready to Get Started?
Pick the best way to get started with Rich & his team.
Talk With Rich
Schedule a quick consultation to discuss your options with no obligation.
Daily Mortgage Interest Rates
Disclaimer: Mortgage interest rates shown are for informational purposes only and subject to change without notice. Actual rates and terms vary based on credit profile, loan amount, property location (NJ, FL, GA, PA, VA), occupancy, and LTV. Please contact Rich Bolt directly for a personalized rate quote.
