Aurebay - Mortgage Calculator | Save Thousands on Your Home Loan

💰 Loan Information

Enter your basic mortgage details

Home Loan Amount

Enter your total mortgage amount

Annual Interest Rate

Your current mortgage interest rate

Loan Term (Years) Original length of your mortgage

Extra Monthly Payment

Additional amount to pay each month

🏠 Additional Monthly Costs

Include property taxes, insurance, and other recurring costs

Property Taxes

Monthly property tax amount

Home Insurance

Monthly homeowners insurance

PMI

Private Mortgage Insurance

HOA Fees

Homeowners Association fees

📈 Tax Benefits & Investment Analysis

Optional: Compare mortgage overpayments vs. investing

Tax Bracket Your marginal federal tax rate

Investment Return

Expected annual return on investments

Home Appreciation

Expected annual home appreciation

See your complete payment breakdown month by month

💡 Pro Tip

Even an extra $100 per month can save you tens of thousands in interest and shorten your loan by years!

Calculating your savings...

Total Interest Saved

Years Saved

New Payoff Time

P&I Payment

Total Monthly (PITI)

💰 Monthly Payment Breakdown

Principal & Interest

Property Taxes

Home Insurance

PMI

HOA Fees

Extra Payment

Total Monthly Payment

Scenario	Total Interest	Total Paid	Payoff Time
Standard Payment	$0	$0	0 years
With Extra Payment	$0	$0	0 years

Standard Payment

Total Interest $0

Total Paid $0

Payoff Time 0 years

With Extra Payment ⭐

Total Interest $0

Total Paid $0

Payoff Time 0 years

🏠 Home Affordability Calculator

Find out how much house you can afford based on your income and expenses using industry-standard lending guidelines.

Annual Gross Income

Your total yearly income before taxes

Monthly Debt Payments

Car loans, credit cards, student loans, etc.

Down Payment

How much you can put down upfront

Interest Rate

Expected mortgage interest rate

Loan Term (Years) Length of mortgage term

Monthly Insurance & Taxes

Property taxes, homeowners insurance, PMI

$0
Maximum Home Price
Based on 28/36 Rule

Maximum Loan Amount

After down payment

Monthly Payment (PITI)

Principal, Interest, Tax, Insurance

Debt-to-Income Ratio

Calculating...

📊 Financial Health Assessment

Debt-to-Income Ratio 0%

0% 28% 36% 50%

🏦 Lending Guidelines Breakdown

Monthly Gross Income: $0

28% Housing Rule (Max): $0

36% Total Debt Rule (Max): $0

Available for Housing: $0

Current Monthly Debts: $0

Remaining Debt Capacity: $0

💰 Down Payment Impact Analysis

🎯 Personalized Recommendation

Enter your financial information to get personalized advice.

📖 Understanding Your Results

📏 The 28% Rule

Your housing costs (principal, interest, taxes, insurance) should not exceed 28% of your gross monthly income. This ensures you can comfortably afford your mortgage payments.

📊 The 36% Rule

Your total monthly debt payments (including the new mortgage) should not exceed 36% of your gross monthly income. This includes credit cards, car loans, student loans, etc.

🎯 Your Sweet Spot

The calculator uses the stricter of the two rules to determine your maximum affordable home price, ensuring you maintain healthy finances and can handle unexpected expenses.

⚖️ Loan Comparison Calculator

Compare up to two different loan scenarios side by side.

Loan Option A

Loan Amount

Interest Rate

Loan Term (Years)

Closing Costs

Loan Option B

Loan Amount

Interest Rate

Loan Term (Years)

Closing Costs

Comparison	Loan Option A	Loan Option B	Difference
Monthly Payment	$0	$0	$0
Total Interest Paid	$0	$0	$0
Total Loan Cost	$0	$0	$0
Payoff Time	0 years	0 years	0 years

📅 Bi-Weekly Payment Calculator

See how bi-weekly payments can save you money and time on your mortgage.

Loan Amount

Interest Rate

Loan Term (Years)

Monthly Payments

Monthly Payment

Total Interest

0 years

Payoff Time

Bi-Weekly Payments$0
Bi-Weekly Payment
$0
Total Interest
0 years
Payoff Time

💰 Your Savings with Bi-Weekly Payments

$0
Total Interest Savings

0 years
Time Saved

📝 How Bi-Weekly Payments Work

Instead of making 12 monthly payments per year, you make 26 bi-weekly payments (equivalent to 13 monthly payments). This extra payment goes directly toward principal, reducing interest and shortening your loan term.

Understanding Mortgage Overpayments

💰 How Overpayments Work

When you make extra payments toward your mortgage principal, you reduce the total amount of interest you'll pay over the life of the loan. Even small additional payments can result in significant savings.

⏰ Time Savings

Extra payments not only save money but also shorten your loan term. A $200 monthly overpayment on a $300,000 mortgage could save you over 6 years of payments.

📊 Strategic Benefits

Mortgage overpayments provide guaranteed savings equal to your interest rate, making them a safe investment compared to volatile market alternatives.

📋 Before You Start Overpaying

✅ Emergency Fund: Ensure you have 3-6 months of expenses saved
✅ High-Interest Debt: Pay off credit cards and other high-interest debt first
✅ Employer Match: Maximize your 401(k) employer match
✅ Interest Rate: Consider if your mortgage rate is low enough that investing might yield better returns

💰 Aurebay Mortgage Calculator

⚠️ Important Disclaimer

💰 Loan Information

🏠 Additional Monthly Costs

📈 Tax Benefits & Investment Analysis

💡 Pro Tip

💰 Monthly Payment Breakdown

🏠 Home Affordability Calculator

How This Calculator Works

📊 Financial Health Assessment

🏦 Lending Guidelines Breakdown

💰 Down Payment Impact Analysis

🎯 Personalized Recommendation

📖 Understanding Your Results

📏 The 28% Rule

📊 The 36% Rule

🎯 Your Sweet Spot

⚖️ Loan Comparison Calculator

Loan Option A

Loan Option B

💡 Recommendation

📅 Bi-Weekly Payment Calculator

Monthly Payments

Bi-Weekly Payments

💰 Your Savings with Bi-Weekly Payments

📝 How Bi-Weekly Payments Work

Understanding Mortgage Overpayments

💰 How Overpayments Work

⏰ Time Savings

📊 Strategic Benefits

📋 Before You Start Overpaying

💰 Aurebay Mortgage Calculator

⚠️ Important Disclaimer

💰 Loan Information

🏠 Additional Monthly Costs

📈 Tax Benefits & Investment Analysis

💡 Pro Tip

💰 Monthly Payment Breakdown

🏠 Home Affordability Calculator

How This Calculator Works

📊 Financial Health Assessment

🏦 Lending Guidelines Breakdown

💰 Down Payment Impact Analysis

🎯 Personalized Recommendation

📖 Understanding Your Results

📏 The 28% Rule

📊 The 36% Rule

🎯 Your Sweet Spot

⚖️ Loan Comparison Calculator

Loan Option A

Loan Option B

💡 Recommendation

📅 Bi-Weekly Payment Calculator

Monthly Payments

Bi-Weekly Payments

💰 Your Savings with Bi-Weekly Payments

📝 How Bi-Weekly Payments Work

Understanding Mortgage Overpayments

💰 How Overpayments Work

⏰ Time Savings

📊 Strategic Benefits

📋 Before You Start Overpaying

📊 Amortization Schedule