Payment and amortization
See the life of your loan.
Shape a purchase scenario and watch the payment, cost, and payoff path respond in real time. Every visual is generated from your inputs.
01Build your scenario
Move a slider or enter an exact value.
Estimated monthly payment
—Principal, interest, property tax, insurance, dues, and estimated mortgage insurance.
Principal & interest—
Mortgage insurance—
Planned monthly outlay—
Estimated payoff—
Principal & interest——
Property tax——
Homeowners insurance——
Association dues——
Mortgage insurance——
Amortization path
How each dollar changes the balance.
BalancePrincipal paidInterest paid
Move across the chart to inspect a year.
Cost of borrowing
Interest, with context.
Original principal—
Scheduled interest—
Interest with extra principal—
Estimated interest saved—
View annual amortization schedule
| Year | Principal paid | Interest paid | Remaining balance |
|---|
Bring the estimate into focus.
Gin can review loan programs, mortgage insurance, cash-to-close, and the assumptions that matter for your scenario.Calculator results are hypothetical educational estimates, are not guaranteed, and are not a commitment to lend or a pre-approval. Actual payments can include taxes, insurance, mortgage insurance, association dues, and other costs. Rates, fees, programs, and guidelines are subject to change. Consult a licensed mortgage professional for a personalized review.
Monthly payment—
Bi-weekly payment—
Time saved—
Estimated interest saved—
Calculator results are hypothetical educational estimates, are not guaranteed, and are not a commitment to lend or a pre-approval. Actual payments can include taxes, insurance, mortgage insurance, association dues, and other costs. Rates, fees, programs, and guidelines are subject to change. Consult a licensed mortgage professional for a personalized review.
Estimated home price—
Estimated loan amount—
Principal and interest—
Taxes and insurance—
Calculator results are hypothetical educational estimates, are not guaranteed, and are not a commitment to lend or a pre-approval. Actual payments can include taxes, insurance, mortgage insurance, association dues, and other costs. Rates, fees, programs, and guidelines are subject to change. Consult a licensed mortgage professional for a personalized review.
Income and obligations
Qualifying loan calculator
Estimate a maximum loan using gross monthly income, recurring debts, a target debt-to-income ratio, and housing costs.
Maximum housing payment—
Available principal and interest—
Estimated maximum loan—
Estimated purchase price—
Calculator results are hypothetical educational estimates, are not guaranteed, and are not a commitment to lend or a pre-approval. Actual payments can include taxes, insurance, mortgage insurance, association dues, and other costs. Rates, fees, programs, and guidelines are subject to change. Consult a licensed mortgage professional for a personalized review.
Estimated rent paid—
Estimated ownership outlay—
Estimated equity—
Net ownership cost after equity—
Estimated difference—
Calculator results are hypothetical educational estimates, are not guaranteed, and are not a commitment to lend or a pre-approval. Actual payments can include taxes, insurance, mortgage insurance, association dues, and other costs. Rates, fees, programs, and guidelines are subject to change. Consult a licensed mortgage professional for a personalized review.
Waiting 2 years could cost you an estimated
—Based on 4% appreciation · 6.1% future rate
02
Future home price
- Price today
- —
- Future price
- —
- Price increase
- —
- Total appreciation
- —
03
Monthly payment impact
Principal & interest only
- Payment if you buy today
- —
- Future payment
- —
- Monthly difference
- —
04
Total cost of waiting — breakdown
- Extra price from appreciation
- —
- Extra monthly payment
- —
- Extra paid during the wait period
- —
- Total cost of waiting
- —
Want a personalized estimate?
Gin can help test the assumptions against your price point, timing, and loan options.This calculator is for educational and planning purposes only. It assumes a fixed annual appreciation rate. Payments shown are principal and interest only and exclude taxes, homeowners insurance, mortgage insurance, association dues, fees, and closing costs. Future prices, rates, and loan terms are not guaranteed. This is not financial advice, a loan approval, or a commitment to lend.
Current payment—
Proposed payment—
Estimated monthly change—
Break-even estimate—
New loan amount—
Calculator results are hypothetical educational estimates, are not guaranteed, and are not a commitment to lend or a pre-approval. Actual payments can include taxes, insurance, mortgage insurance, association dues, and other costs. Rates, fees, programs, and guidelines are subject to change. Consult a licensed mortgage professional for a personalized review.
Payment versus total interest
15-year versus 30-year calculator
Compare monthly principal and interest, lifetime interest, and payoff speed across two fixed-rate terms.
15-year term
Monthly payment—
Total interest—
30-year term
Monthly payment—
Total interest—
Monthly payment difference—
Interest difference—
Calculator results are hypothetical educational estimates, are not guaranteed, and are not a commitment to lend or a pre-approval. Actual payments can include taxes, insurance, mortgage insurance, association dues, and other costs. Rates, fees, programs, and guidelines are subject to change. Consult a licensed mortgage professional for a personalized review.
Temporary payment reduction
3-2-1 buydown calculator
Estimate the temporary payments and subsidy required when the effective rate is reduced by three, two, and one percentage point during the first three years.
Year 1 payment—
Year 2 payment—
Year 3 payment—
Year 4+ payment—
Estimated buydown subsidy—
Calculator results are hypothetical educational estimates, are not guaranteed, and are not a commitment to lend or a pre-approval. Actual payments can include taxes, insurance, mortgage insurance, association dues, and other costs. Rates, fees, programs, and guidelines are subject to change. Consult a licensed mortgage professional for a personalized review.
