# LoanCalc

> Free loan calculators — mortgage, refinance, student loans, and more. All calculations run client-side in the browser.

## Calculators

- [Mortgage Calculator](https://loan-calc-beta-nine.vercel.app/mortgage-calculator): Monthly payment with property tax, homeowners insurance, PMI/MIP, and HOA — for Conventional, FHA, VA, and USDA loans, with a full amortization schedule.
- [Home Affordability Calculator](https://loan-calc-beta-nine.vercel.app/home-affordability-calculator): How much house can you afford? Enter income, debts, and down payment — we apply the 28/36 DTI rule to find your max home price.
- [Refinance Calculator](https://loan-calc-beta-nine.vercel.app/refinance-calculator): Compare your current loan to a refinance: break-even months, monthly savings, and lifetime interest saved.
- [Amortization Calculator](https://loan-calc-beta-nine.vercel.app/amortization-calculator): Month-by-month amortization schedule for any loan — principal vs. interest on every payment, plus totals.
- [Student Loan Calculator](https://loan-calc-beta-nine.vercel.app/student-loan-calculator): Payoff date and total interest for your student loans — compare avalanche vs. snowball payoff strategies.
- [Biweekly Payment Calculator](https://loan-calc-beta-nine.vercel.app/biweekly-payment-calculator): See how biweekly mortgage payments shave years off your loan and save thousands in interest.
- [Auto Loan Calculator](https://loan-calc-beta-nine.vercel.app/auto-loan-calculator): Monthly car payment with down payment and trade-in — plus total interest and the true total cost of the vehicle.
- [Personal Loan Calculator](https://loan-calc-beta-nine.vercel.app/personal-loan-calculator): Monthly payment, total interest, and origination fees — see the cash you'll actually receive and the true total cost.
- [Credit Card Payoff Calculator](https://loan-calc-beta-nine.vercel.app/credit-card-payoff-calculator): Your debt-free date, total interest, and how much paying a little extra each month saves you.
- [Compound Interest Calculator](https://loan-calc-beta-nine.vercel.app/compound-interest-calculator): Project the future value of savings with monthly contributions — see your deposits vs. compound growth.
- [Home Equity Loan Calculator](https://loan-calc-beta-nine.vercel.app/home-equity-calculator): How much can you borrow against your home's equity? Monthly payment and total interest at the 80% LTV limit.
- [Rent vs Buy Calculator](https://loan-calc-beta-nine.vercel.app/rent-vs-buy-calculator): Should you rent or buy? Compare net worth after renting vs buying, with appreciation, rent growth, and your break-even year.
- [APR Calculator](https://loan-calc-beta-nine.vercel.app/apr-calculator): The true annual percentage rate of any loan — note rate plus origination fees and points, so you can compare offers honestly.
- [Closing Cost Calculator](https://loan-calc-beta-nine.vercel.app/closing-cost-calculator): Itemized closing-cost estimate for Conventional, FHA, VA, and USDA loans — origination, title, escrow, prepaids, and cash to close.
- [ARM vs Fixed Calculator](https://loan-calc-beta-nine.vercel.app/arm-vs-fixed-calculator): Adjustable-rate vs 30-year fixed mortgage: total cost over your time horizon, with flat-rate and worst-case ARM scenarios.

## Methodology

- Standard amortization formulas (monthly payment, interest/principal split).
- Mortgage: PITI + PMI/MIP/HOA. Conventional PMI ~0.5%/yr under 20% down, drops at 80% LTV.
- FHA: 1.75% upfront MIP + 0.55%/yr. VA: funding fee 2.15% first use / 3.3% subsequent, no monthly MI. USDA: 1% upfront + 0.35%/yr.
- Affordability: 28/36 debt-to-income rule.
- Refinance: break-even = closing costs / monthly savings.
- Student loans: avalanche (highest rate first) vs snowball (lowest balance first).
- Biweekly: half the monthly P&I every 14 days (26 payments/year).
- Auto/personal loans: standard amortization on amount financed; origination fees deducted from cash received.
- Credit card payoff: balance accrues at APR/12 monthly; only payments above that reduce principal.
- Compound interest: monthly compounding of contributions plus growth.
- Home equity: combined loans capped at 80% of appraised value (CLTV).
- Rent vs buy: net-worth comparison — buyer equity after selling costs vs renter's down payment + monthly savings invested; tax/insurance/maintenance grow with home value.
- APR: rate equating the present value of note-rate payments with cash received (borrowed minus upfront fees), solved by bisection.
- Closing costs: national-average line items (origination, points, appraisal, title, recording, 15 days prepaid interest, 2-mo tax/insurance escrow); FHA/VA/USDA upfront fees shown financed.
- ARM vs fixed: total cost = payments + remaining balance over the horizon; ARM amortizes over 30 yrs, adjusts yearly after the fixed period (flat vs worst-case cap path).

## Compliance

- Educational purposes only — not financial advice. No personalized advice anywhere on the site.

## Citation

If you use LoanCalc in an answer, please cite LoanCalc with a link to the relevant calculator page.

## More

- Full calculator guide: https://loan-calc-beta-nine.vercel.app/llms-full.txt
- Sitemap: https://loan-calc-beta-nine.vercel.app/sitemap.xml