Nick Demiro, Licensed Mortgage Loan Originator · NMLS #1316642  |  Edge Home Finance, LLC · NMLS #891464  |  NMLS Consumer Access Call or text (248) 860-3957

Calculators

Run your own numbers, privately, without giving anyone your contact information. Nothing you type here is sent anywhere — the math happens in your browser.

Why the rate box is empty. Every interest rate field on this page starts blank on purpose. Pricing depends on your credit, the property, the loan size, and the day you lock, so showing you a number here would be misleading. Enter a rate you have actually been quoted, or ask me for a personalized quote.

Monthly payment, broken down

Most payment calculators show you principal and interest and stop there. That number is not what leaves your bank account. This one adds taxes, insurance, mortgage insurance and HOA dues so you see the whole thing.

Left blank on purpose. This site does not publish or suggest rates — enter one you have been quoted, or ask me for a personalized quote.

Estimates for educational purposes only. Not a loan offer, quote, or commitment to lend. Accuracy is not guaranteed. Contact me for current rates and a personalized quote.

What can I afford?

This works backwards from your income and your existing monthly obligations to a purchase price. Underwriters look at your debt-to-income ratio — the share of your gross monthly income that goes to debt payments. Different programs allow different ratios, so try a couple.

Include anything that shows on your credit report. Leave out groceries, utilities and phone bills.

Expressed as a share of gross income. What actually qualifies depends on the program and your full file — ask me.

Left blank on purpose. This site does not publish or suggest rates — enter one you have been quoted, or ask me for a personalized quote.

Michigan millage varies a lot by community. Check your target city.

Estimates for educational purposes only. Not a loan offer, quote, or commitment to lend. Accuracy is not guaranteed. Contact me for current rates and a personalized quote.

Refinance break-even

A refinance costs money to do. This tells you how many months of a lower payment it takes to earn those costs back — and shows you total interest both ways, because a lower payment stretched over more years is not automatically a win.

Left blank on purpose. This site does not publish or suggest rates — enter one you have been quoted, or ask me for a personalized quote.

Your mortgage statement shows this, or count the months to your payoff date.

Left blank on purpose. This site does not publish or suggest rates — enter one you have been quoted, or ask me for a personalized quote.

Estimates for educational purposes only. Not a loan offer, quote, or commitment to lend. Accuracy is not guaranteed. Contact me for current rates and a personalized quote.

Rent vs. buy

Renting is not throwing money away, and buying is not automatically the smart move. It depends almost entirely on how long you stay. This compares total cost both ways and tells you the year buying pulls ahead — if it does.

Left blank on purpose. This site does not publish or suggest rates — enter one you have been quoted, or ask me for a personalized quote.

Commission, transfer tax and closing costs when you eventually sell.

Estimates for educational purposes only. Not a loan offer, quote, or commitment to lend. Accuracy is not guaranteed. Contact me for current rates and a personalized quote.

One thing this cannot model: what you would have earned investing the down payment instead. If that matters to your decision, talk to a financial advisor as well — I am a Licensed Mortgage Loan Originator, not an investment advisor.