Home Borrowing Calculators and Tools

Use our interactive calculators to help decide which solutions make the most sense for you.

  • Mortgage Calculators and Tools for Buyers

    • Buying a home requires a lot of planning and research. That’s why Citizens Bank provides mortgage calculators to help home buyers make decisions. Get educated to make choices about things like the mortgage payment you can afford or whether you should pay for mortgage points. Check out our home loan calculators below, and reach out to a Home Loan Originator with any questions.

    • Rent vs. Buy

      This mortgage calculator helps you factor in the fees, taxes and monthly payments associated with home ownership.

    • How Much Home Can I Afford?

      Input some information about your income and expenses to see what your maximum monthly payment and mortgage amount might be.

    • Monthly Mortgage Payment Calculator

      Generate an amortization schedule for your proposed mortgage. See how much interest you will pay, your principal balance over time and the impact of any principal prepayments.

    • Tax Savings Calculator

      Interest paid on a home loan, as well as mortgage points, may be tax deductible if you itemize on your tax return. Use this calculator to see how much you could save.

    • Mortgage Points Calculator (also known as discount points)

      This calculator helps you determine if you should pay for points, or use the money to increase your down payment.

    • Enhanced Home Loan Calculator

      Compare a variety of possible loans with this interactive calculator that lets you quickly adjust your monthly mortgage payment, loan amount, interest rate or term.

    • Loan Term Comparison

      Use this calculator to compare loan terms, and choose which is better for you.

    • Fixed-Rate vs. Interest-Only

      Compare a fixed-rate mortgage to an interest-only mortgage to see your monthly payment options.

    • Fixed- vs. Adjustable-Rate Calculator

      A fixed-rate mortgage has the same payment for the entire term of the loan. An adjustable-rate mortgage (ARM) has a rate that can change, causing your monthly payment to go up or down. This calculator compares the two.

    • Buyer’s Checklist

      This handy checklist will prepare you to compare properties and focus on what’s important to you when you buy.

    • Moving Checklist

      No need to get a moving list together. We’ve done it for you.

  • Mortgage Refinance Calculators and Tools

    • Considering refinancing your mortgage? Knowing how much money you can save, and when you’ll break even is important. Loan terms, mortgage rates and payment schedules all influence the amount you will pay over the lifetime of a home loan. Use our helpful calculators and tools to assist you in deciding when and how to refinance.

    • Refinance Break Even Calculator

      How long will it take for your interest savings to surpass the costs of refinancing? Use this calculator to find out.

    • Refinance Interest Savings Calculator

      How much interest can you save if you refinance your mortgage? This calculator helps you find out.

    • Loan Term Comparison

      Use this calculator to compare loan terms, and choose which refinancing option is better for you.

    • Fixed-Rate vs. Interest-Only

      Compare refinancing to a fixed rate mortgage from an interest only mortgage with this calculator.

    • Fixed vs. Adjustable Rate

      Thinking of refinancing from a fixed-rate to an adjustable-rate mortgage (ARM)? Or from an ARM to a fixed rate? Compare the steady monthly payments of a fixed rate mortgage to the possibly lower, but fluctuating, monthly payments of an ARM.

    • Enhanced Home Loan Calculator

      Compare a variety of possible refinancing loans with this interactive calculator. Easily adjust your monthly payment, loan amount, interest rate or term.

    • Monthly Mortgage Payment Calculator

      Compare your current home loan to your refinancing options with this mortgage refinance calculator. Generate an amortization schedule for a new mortgage or loan. See how much interest you will pay, your principal balance over time and the impact of any principal prepayments.

    • Tax Savings Calculator

      Interest paid on a home loan, as well as mortgage points, may be tax deductible if you itemize on your tax return. Use this calculator to see how much you could save.

  • Home Equity Calculators and Tools

    • A home equity loan or line of credit can cover renovations, college tuition or unplanned expenses by leveraging the value built up in your home. Our home equity calculators let you weigh the appraised value of your home, your current equity and other factors to determine how much of a HELOC or home equity loan you may be able to afford.

    • Help Me Choose: Home Equity Loan or Line of Credit

      Not sure whether you would rather borrow a home equity loan or a home equity line of credit (HELOC)? Let us help you decide.

    • Home Equity Line of Credit (HELOC) Calculator

      What’s the size of the home equity line of credit you could receive? Use this HELOC calculator to estimate it with an approximate appraised value of your home and the balance on your first mortgage (if any).

    • Enhanced Home Equity Loan Calculator

      Compare home equity loans with this interactive calculator that lets you quickly adjust your monthly payment, loan amount, interest rate or term.

    • Cost of Debt Calculator

      Considering a home equity loan or line of credit to pay off other debt? See how much interest you’re scheduled to pay and how long it will take until your debt is paid off.

    • Personal Debt Consolidation Calculator

      Thinking of consolidating your debts (credit cards, student loans, car loans or other debts) with home equity? This calculator can help determine whether that’s the right move for you.

 

We're here to help


Buy or Refinance:

Get started online
or call 1-888-514-2300
MON-THURS: 8 AM - 8 PM
FRI: 8 AM - 6 PM
SAT: 9 AM - 3 PM

Mortgage Servicing:
1-800-234-6002


Home Equity Line of Credit:

Apply now
or call 1-888-333-1206
MON-THURS: 8 AM - 8 PM
FRI: 8 AM - 6 PM
SAT: 9 AM - 3 PM

 

Find a branch or ATM

 

Find a Home Loan Originator

search for a local home loan originator in your area

 

NMLS ID# Search Tool

Access our colleagues' NMLS ID#

 

Checking Customers Save

Save 0.25 percentage points off your home equity interest rate with a Citizens Bank checking account*.