The page is free. You do not have to create an account.
What you can run
That one page has six tools:
- Purchase (Conventional, FHA, VA)
- Refinance (including FHA Streamline and VA IRRRL)
- Cash-out
- Debt consolidation
- Affordability
- Extra payments
Pick the one that matches what you are doing. Buying and taking cash out are not the same math.
What to enter
For a purchase, start with home price, down payment, credit band, loan type, and term. Add tax, insurance, and HOA if you have them. The “industry average rate” field is a starting point you can edit if a lender already gave you a number. That edit is your number, not a BankPricer quote.
For a refinance, you need today’s balance, today’s rate, a new-rate scenario, years left, and closing costs. The useful output is monthly change and months to break even, not a promise that you should refinance.
How to read the result
Treat the total as a scenario. Principal and interest, tax, insurance, PMI or MIP, and HOA are separate lines. If the page flags jumbo, PMI, or a down-payment cliff, that is a conversation, not a verdict.
Do not treat the first payment date or the payoff date as a commitment. Confirm those with the lender and title company on a real file.
What this page cannot do
It cannot lock a rate. It cannot approve you. It cannot email you a full schedule from this draft, and you should not wait on an inbox for the math you already see.
If the numbers matter enough to act, that is the pre-approval conversation.
Next step
Run the path that matches your deal on the calculator. Then get in touch for a pre-approval conversation with Jeff. Bring price or balance, down payment or cash out, loan type, and the payment the tool just showed. This is not apply now.
Jeff Shin, NMLS #1041652. Equal Housing Lender. Licensed IL, IN, KS, MI, NJ, TX.