At the moment, I have a few coaching clients looking to buy a house. They're saving for a down payment and are trying to figure out what their new budget will be after swapping rent for a mortgage payment.
Easy peasy, I thought! We'll go find a mortgage calculator and plug all those numbers in to get an accurate estimate.
Wouldn't you know, there are about 100 mortgage calculators out there and they all do different things. Below is my ranking of the top mortgage calculators out there and why I like them. You might have different priorities, so I've let you know what each does well and what they don't do so well.
I have not been compensated for any opinions in this post. Also, all opinions are my own.