Real Estate Calculators Explained

Explanatory Articles

Calculating The Taxes On Sale Of Primary Residence

Selling your primary residence. Try estimating the taxes owed at closing. Try it by clicking here: Taxes Owed On Sale Of Primary Residence, including federal and state taxes you might owe from a current or future sale.

An example of the output for calculating or determing the capital gains taxes owed on the sale of your home.

Basic Fixed Rate Mortgage Calculator

Calculate Monthly Payment And Amortization Schedule.

This basic mortgage calculator will calculate your monthly payment and display an amortization schedule. You can find such a mortgage calculator anywhere online. In my opinion, it has minimal utility. If you have an existing mortgage that has already been amortized or want to take equity out of your home, this will not tell you much on a comparative basis. If you're going to compare your existing loan and take equity out of your home (borrow additional funds), try a more advanced mortgage calculator such as "Refinance An (Old) Mortgage Into A (New) Mortgage (Compare Amortization Schedules)."

Input the fixed rate, the term, and the loan amount, and click "Calculate Payment And Annual Amortization."  

Mortgage Refinancing Calculator Example:

Refinancing your mortgage? Try this simple mortgage calculator comparing cash flows: Compare (Old) Mortgage To (New) Mortgage.  You can indicate an early payoff if you plan on selling your home before the mortgage is fully amortized.  If you would like to consider present value, try: Compare (Old) Loan To (New) Loan Using Present Value.

Free calculator displaing an amortization schedule and helping homeowners understand the amount of money they will save by refinance there mortgage.

Sunset in Jersey City waterfront
Downtown Jersey City

Mortgage Calculators Explained

Reverse Mortgage Calculators Explained

Real Estate-Calc.com Disclaimer: The calculators on this website are not intended to be a substitution for seeking professional legal, professional tax, and professional financial advice. In all circumstances, it is solely up to the user to determine input values. Changing the input values can materially alter the financial results of these calculators and these calculators are not designed to be an accurate accounting of a business. We can not guarantee the accuracy of these calculators. Because of the possibility of output and input errors, it is the user's responsibility to verify that all of the output and resulting calculations are correct. These calculators should not be used by anyone to make material financial decisions and should solely be used for informational purposes only. Users should form their own conclusions and are encouraged to seek professional advisement from all of the following: 1) a lawyer, 2) a tax specialist, and 3) a financial planner.