Payment and amortization
See the life of your loan.
Shape a purchase scenario and watch the payment, cost, and payoff path respond in real time. Every visual is generated from your inputs.
01Build your scenario
Move a slider or enter an exact value.
Estimated monthly payment
—Principal, interest, property tax, insurance, dues, and estimated mortgage insurance.
Principal & interest—
Mortgage insurance—
Planned monthly outlay—
Estimated payoff—
Principal & interest——
Property tax——
Homeowners insurance——
Association dues——
Mortgage insurance——
Amortization path
How each dollar changes the balance.
BalancePrincipal paidInterest paid
Move across the chart to inspect a year.
Cost of borrowing
Interest, with context.
Original principal—
Scheduled interest—
Interest with extra principal—
Estimated interest saved—
View annual amortization schedule
| Year | Principal paid | Interest paid | Remaining balance |
|---|
Bring the estimate into focus.
Gin can review loan programs, mortgage insurance, cash-to-close, and the assumptions that matter for your scenario.Calculator results are hypothetical educational estimates, are not guaranteed, and are not a commitment to lend or a pre-approval. Actual payments can include taxes, insurance, mortgage insurance, association dues, and other costs. Rates, fees, programs, and guidelines are subject to change. Consult a licensed mortgage professional for a personalized review.
Monthly payment—
Bi-weekly payment—
Time saved—
Estimated interest saved—
Calculator results are hypothetical educational estimates, are not guaranteed, and are not a commitment to lend or a pre-approval. Actual payments can include taxes, insurance, mortgage insurance, association dues, and other costs. Rates, fees, programs, and guidelines are subject to change. Consult a licensed mortgage professional for a personalized review.
Estimated home price—
Estimated loan amount—
Principal and interest—
Taxes and insurance—
Calculator results are hypothetical educational estimates, are not guaranteed, and are not a commitment to lend or a pre-approval. Actual payments can include taxes, insurance, mortgage insurance, association dues, and other costs. Rates, fees, programs, and guidelines are subject to change. Consult a licensed mortgage professional for a personalized review.
Income and obligations
Qualifying loan calculator
Estimate a maximum loan using gross monthly income, recurring debts, a target debt-to-income ratio, and housing costs.
Maximum housing payment—
Available principal and interest—
Estimated maximum loan—
Estimated purchase price—
Calculator results are hypothetical educational estimates, are not guaranteed, and are not a commitment to lend or a pre-approval. Actual payments can include taxes, insurance, mortgage insurance, association dues, and other costs. Rates, fees, programs, and guidelines are subject to change. Consult a licensed mortgage professional for a personalized review.
Estimated rent paid—
Estimated ownership outlay—
Estimated equity—
Net ownership cost after equity—
Estimated difference—
Calculator results are hypothetical educational estimates, are not guaranteed, and are not a commitment to lend or a pre-approval. Actual payments can include taxes, insurance, mortgage insurance, association dues, and other costs. Rates, fees, programs, and guidelines are subject to change. Consult a licensed mortgage professional for a personalized review.
Current payment—
Proposed payment—
Estimated monthly change—
Break-even estimate—
New loan amount—
Calculator results are hypothetical educational estimates, are not guaranteed, and are not a commitment to lend or a pre-approval. Actual payments can include taxes, insurance, mortgage insurance, association dues, and other costs. Rates, fees, programs, and guidelines are subject to change. Consult a licensed mortgage professional for a personalized review.
Payment versus total interest
15-year versus 30-year calculator
Compare monthly principal and interest, lifetime interest, and payoff speed across two fixed-rate terms.
15-year term
Monthly payment—
Total interest—
30-year term
Monthly payment—
Total interest—
Monthly payment difference—
Interest difference—
Calculator results are hypothetical educational estimates, are not guaranteed, and are not a commitment to lend or a pre-approval. Actual payments can include taxes, insurance, mortgage insurance, association dues, and other costs. Rates, fees, programs, and guidelines are subject to change. Consult a licensed mortgage professional for a personalized review.
Temporary payment reduction
3-2-1 buydown calculator
Estimate the temporary payments and subsidy required when the effective rate is reduced by three, two, and one percentage point during the first three years.
Year 1 payment—
Year 2 payment—
Year 3 payment—
Year 4+ payment—
Estimated buydown subsidy—
Calculator results are hypothetical educational estimates, are not guaranteed, and are not a commitment to lend or a pre-approval. Actual payments can include taxes, insurance, mortgage insurance, association dues, and other costs. Rates, fees, programs, and guidelines are subject to change. Consult a licensed mortgage professional for a personalized review.
