All the Information You Need

Mortgage Calculator

Determine your monthly mortgage payments, whether you should rent or buy, and what you can afford with the D&S Homes comprehensive mortgage calculator.

Monthly
Payments
Compare
Mortgages
Affordability

Rent Or
Buy?

Monthly Payment Calculator

You can use this calculator to determine your monthly mortgage payments, and compare up to three mortgage scenarios.

Mortgage Amount(Home Cost - Downpayment)

$

Payment Frequency

Mortgage Term

6 Months
10 Years
5 Years

Interest Rate

0.1%
10%
2.4%

Amortization Period

1 Year
35 Years
25 Years
Apply Prepayments (optional)
of $

Monthly Payment

$
0
00
Term Principal
$0.00
Term Interest
$0.00
Term Interest + Principal
$0.00
End of Term Balance
$0.00
Have questions? We’ll connect you with a mortgage broker to guide you through the process, find the best lender, and get you into the right mortgage.

Amortization Schedule

Mortgage Amortization Payments

Outstanding Mortgage Balance
400K
300K
200K
100K
Year

Mortgage Amortization Payments

Year
100K
200K
300K
400K
Outstanding Mortgage Balance

Amortization Schedule

Compare Mortgage Scenarios

Scenario 1

Mortgage Amount

$

Payment Frequency

Mortgage Term

6 Months
10 Years
5 Years

Interest Rate

0.1%
10%
2.4%

Amortization Period

1 Year
35 Years
25 Years

Monthly Payment

$
0
00
Term Principal
$0.00
Term Interest
$0.00
Term Interest + Principal
$0.00
End of Term Balance
$0.00

Scenario 2

Mortgage Amount

$

Payment Frequency

Mortgage Term

6 Months
10 Years
5 Years

Interest Rate

0.1%
10%
2.4%

Amortization Period

1 Year
35 Years
25 Years

Monthly Payment

$
0
00
Term Principal
$0.00
Term Interest
$0.00
Term Interest + Principal
$0.00
End of Term Balance
$0.00

Scenario 3

Mortgage Amount

$

Payment Frequency

Mortgage Term

6 Months
10 Years
5 Years

Interest Rate

0.1%
10%
2.4%

Amortization Period

1 Year
35 Years
25 Years

Monthly Payment

$
0
00
Term Principal
$0.00
Term Interest
$0.00
Term Interest + Principal
$0.00
End of Term Balance
$0.00

Affordability Calculator

How much home can you afford to build? Enter your monthly income, housing costs and your mortgage information to reveal your maximum purchase budget.

Gross Monthly Income

$

Monthly Debt

$

Monthly Expenses

$

Monthly Heating Costs

$

Monthly Condo Fee

$

Annual Property Taxes

$

Mortgage Information

Available Downpayment

$

Interest Rate

0.1%
10%
2.4%

Amortization Period

1 Year
35 Years
25 Years

Maximum Monthly Mortgage Payment

$
0
00

Maximum Home Purchase Price

$
0
00
Have questions? We’ll connect you with a mortgage broker to guide you through the process, find the best lender, and get you into the right mortgage.

Rent or Buy Calculator

Not sure if you should rent or buy? Simply compare your anticipated home price and information versus your monthly rent information to see which option makes more sense.

Anticipated Home Price

$

Available Downpayment

$

Interest Rate

0.1%
10%
2.4%

Amortization Period

1 Year
35 Years
25 Years

Anticipated Annual Home Value Increase

0%
10%
5.64%

Rental Information

Monthly Rent

$

Anticipated Annual Rent Increase

0%
10%
2.5%

Timeframe

1 Year
35 Years
25 Years
Rent Buy
25-Year Average Monthly Payment
$
0
00
$
0
00
Total Payment Over 25 Years
$
0
00
$
0
00
Estimated Equity After 25 Years
$
0
00
$
0
00
Have questions? We’ll connect you with a mortgage broker to guide you through the process, find the best lender, and get you into the right mortgage.