Compare calculators
Both calculators run independently — change the inputs on either side to compare results.
Home Equity Calculator (LTV)
Calculate your home equity (market value minus mortgage balance) and loan-to-value ratio. Useful for refinance decisions, HELOCs, and tracking how fast you’re building equity.
Mortgage Payment Calculator
Estimate the full monthly cost of owning a home — principal, interest, property tax, and homeowner's insurance — bundled into the single number lenders call PITI. Enter your loan amount, interest rate, loan term in years, annual property tax, and annual home insurance, and the calculator returns the monthly payment you would actually send (excluding PMI and HOA fees, which vary widely). This is the figure to compare against your monthly budget when deciding whether a home is affordable, and the figure mortgage lenders use to qualify you against debt-to-income limits.
Key differences
| Home Equity Calculator (LTV) | Mortgage Payment Calculator | |
|---|---|---|
| Category | Real Estate | Financial |
| Inputs required | 2 | 5 |
| Result | Equity and LTV | Monthly Payment (PITI) ($) |
| What it does | Calculate your home equity (market value minus mortgage balance) and loan-to-value ratio. Useful for refinance decisions, HELOCs, and tracking how fast you’re building equity. | Estimate the full monthly cost of owning a home — principal, interest, property tax, and homeowner's insurance — bundled into the single number lenders call PITI. Enter your loan amount, interest rate, loan term in years, annual property tax, and annual home insurance, and the calculator returns the monthly payment you would actually send (excluding PMI and HOA fees, which vary widely). This is the figure to compare against your monthly budget when deciding whether a home is affordable, and the figure mortgage lenders use to qualify you against debt-to-income limits. |