Home Mortgage Scenario Calculator

This Home Mortgage Loan Calculator helps you analyze mortgage loans. Click a category on the left column and use the "slider" on the other variables to solve for the category you selected.  If you have any questions, please call your Atlantic Mortgage Banker!  Thank you!

Affordability Calculator

The home affordability calculator helps you determine your maximum affordable home price based on monthly income, debts, interest rates and the length of your loan. Use the sliders to explore your options. To enter an exact number, click on a number in an edit box and type in the number you want.  If you have any questions, please call your Atlantic Mortgage Banker!  Thank you!

Should I Continue to Pay Rent, or Should I Buy??

This calculator allows you to estimate the costs of owning a home and the costs of renting and allows you to evaluate which option to take by comparing them. There are several factors determining the overall costs of renting or owning. You may enter the pertinent information specific to your situation.

Is It Time to Refinance??

The Should I Refinance? This calculator will help you determine whether refinancing your loan for a lower interest rate is a wise decision for you. While a lower interest rate will mean lower monthly payments and less total interest, a refinance will also mean paying closing costs and, in some cases, points. If the monthly savings exceeds these closing costs, refinancing is a good option. To determine how many months it will take to break even with closing costs, you'll need to enter your loan details into the calculator using the diamond-shaped sliders or by entering the exact numbers in the Current Loan section.