Mortgage Calculator: Mortgify

Mortgify helps you estimate payments, compare paths, and understand what a home really costs—before you talk to a lender.

Whether you are buying your first home, refinancing, or deciding whether to keep renting, Mortgify puts the numbers in one clear place so you can explore scenarios at your own pace.

FREE PAYMENT CALCULATOR

Start with the core Payment tab—no account required:

• Full monthly payment breakdown — principal & interest, property tax, home insurance, HOA, and PMI in one view
• Amortization schedule — month-by-month balance, interest, and principal with calendar dates
• Extra payments — model recurring extras, annual lump sums, and one-time payments on specific months
• Payment frequency — monthly, bi-weekly, weekly, quarterly, or yearly
• Fixed and hybrid ARM loans — explore rate changes after the fixed period
• Refinance comparison — compare your current loan to a new rate and term, with monthly savings and break-even on closing costs
• Balance chart — visualize how your loan balance declines over time
• Smart Insights — quick, plain-language takeaways on your scenario
• Deal Score — an illustrative scorecard using optional income, debts, and reserve inputs (not a credit or approval decision)
• American and Canadian amortization conventions — switch in Settings to match your market

MORTGIFY PRO — LIFETIME ACCESS

Upgrade once with a one-time purchase. No subscription. Keep every Pro tool on all your devices, forever.

Pro unlocks the full calculator suite and advanced planning tools:

• Affordability — Safe, Stretch, and Aggressive budget moods from your income, debts, and DTI caps, with max home price and PITI estimates
• HELOC — estimate line size from home value, existing mortgage, and combined LTV, plus interest-only payments on drawn amounts
• Rent vs Buy — compare homeowner equity against renting and investing over a multi-year horizon, with appreciation, maintenance, taxes, and selling costs
• Closing Costs — state-based closing cost estimates with line-item breakdown and total cash needed at purchase
• Rate Trends — explore historical 30-year, 15-year, and FHA rate context over selectable time windows
• Saved Scenarios — save, load, and side-by-side compare mortgage scenarios as your numbers change
• Copy & Share Summary — copy or share a clean text summary o