Mortgage Tools
Provided by: Todd Uzzell, Mortgage Loan Officer
Contact: [email protected] | 480-330-1724 | www.todduzzell.com
Apply: www.todduzzell.com/apply | Consultation: www.todduzzell.com/consultation
Use these calculators to plan your mortgage. The 28/36 rule suggests housing payments ≤28% of income and total debt ≤36%. Conventional loans allow up to 45% for housing and 50% for total debt; FHA loans allow up to 56% for total debt. Results update instantly.
Affordability Calculator
Enter your income and terms to find your max home price.
Maximum Monthly Housing Payment: $0.00
Principal & Interest (P&I): $0.00
Total Mortgage Payment (P&I + Taxes/Insurance/MI): $0.00
Affordable Loan Amount: $0.00
Max Home Purchase Price: $0.00
Reverse Affordability Calculator
Enter the house price and terms to find your required income.
Required Gross Monthly Income: $0.00
Principal & Interest (P&I): $0.00
Total Mortgage Payment (P&I + Taxes/Insurance/MI): $0.00
Loan Amount: $0.00
Rent vs. Buy Calculator
Compare the costs of renting vs. buying over time.
Total Rent Cost: $0.00
Total Buying Cost: $0.00
Equity Built: $0.00
Rent and Invest Instead: $0.00 (Mortgage-Rent invested at 8% annual return)
Potential Mortgage Payment (PITI): $0.00
Budget Calculator
Plan your monthly budget to determine available funds for housing and what you can afford to buy.
Available Housing Budget: $0.00
Total Debt Capacity: $0.00
Remaining Discretionary Income: $0.00
Affordable Home Price: $0.00
Debt Consolidation Calculator
Compare current debt payments with consolidation via HELOC or Cash-Out Refinance.
Current Debts
| Debt | Balance ($) | Interest Rate (%) |
|---|---|---|
| Debt 1 | ||
| Debt 2 | ||
| Debt 3 | ||
| Debt 4 | ||
| Debt 5 |
Current Debts:
Total Debt Balance: $0.00
Average Interest Rate: 0.00%
Total Monthly Payment: $0.00
Time to Pay Off: 0 years
Consolidated Loan:
Loan Amount: $0.00
Monthly Payment (PITI): $0.00
Total Interest Paid: $0.00
Total Cost: $0.00
Savings:
Monthly Payment Savings: $0.00
Total Interest Savings: $0.00
Equity Check: Sufficient
How is this calculated? DetailsEnter balances and interest rates for up to 5 debts (e.g., credit cards, personal loans). The calculator sums the balances and calculates a weighted average interest rate and estimated monthly payments (assuming minimum payments). For the consolidated loan (HELOC or Cash-Out Refinance), it calculates the loan amount (debt total + origination fee), monthly PITI (principal, interest, taxes at 0.6% of home value/year, insurance at $125/month), and total interest over the term. Savings compare current debt payments to the consolidated loan. The equity check ensures the loan amount plus existing mortgage does not exceed 80% of home value. Warning: Using home equity risks foreclosure if payments are missed.
Disclaimer: These calculators provide estimates only. Actual mortgage payments, income requirements, and costs depend on credit, lender terms, market conditions, and other factors. Consult Todd Uzzell for accurate quotes.