Mortgage & Refinance Calculator
Free calculators to estimate your monthly payment, refinance savings, and true APR.
Estimate Your Monthly Mortgage Payment
Compare Rates and Save
Even a 0.5% reduction in your interest rate on a $300,000 loan saves over $30,000 in total interest. See current refinance rates →
How Much Could You Save by Refinancing?
Ready to Check Real Rates?
See actual refinance offers from lenders. No obligation, no hard credit pull to check rates.
Check My RateCalculate True APR (Including Fees)
APR (Annual Percentage Rate) reflects the true cost of a loan by including lender fees and closing costs in the rate calculation. Use this to compare loan offers accurately.
Understanding Your Mortgage Costs
Your monthly mortgage payment is typically made up of four components, often abbreviated as PITI:
P — Principal
The portion of your payment that reduces your loan balance. This increases over time as your loan amortizes.
I — Interest
The cost of borrowing. In the early years of a mortgage, most of each payment goes to interest rather than principal.
T — Taxes
Property taxes collected monthly and held in your escrow account. BSI Financial manages this escrow on your behalf.
I — Insurance
Homeowner's insurance (and PMI if applicable) collected monthly and paid by your servicer from escrow.
Mortgage APR Disclosure
Rates and APRs shown in this calculator are for illustrative purposes only. Actual rates depend on your credit profile, loan-to-value ratio, property type, and current market conditions. This is not a loan offer or commitment to lend. Contact a licensed mortgage professional for actual rate quotes. APR is calculated using a simplified model and may differ from lender-disclosed APR.