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Mortgage Calculators

Use our mortgage calculators to compare mortgage payments, home equity loans, ARM loans, and renting vs buying.

Mortgage Payment Calculator w/ Amortization

Use this calculator to quickly estimate your monthly payment and view the amortization schedule. Optional fields include taxes, insurance, HOA dues and PMI. This is an excellent calculator to bookmark if you're house shopping.

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Should I Refinance?

Use this calculator to determine if refinancing is the right option for you. Estimate the amount of money refinancing your mortgage could save you by comparing your current loan with different variables on a new loan including interest rates, loan terms, cash out, etc.

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Mortgage Loan Comparison

Compare two separate mortgage scenarios to find the most suitable option for your budget. Examples: Compare the total interest paid, monthly payments for different interest rates, monthly payments for different loan terms, etc.

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Early Mortgage Payoff Calculator

Use this calculator to quickly estimate your monthly payment and view the amortization schedule. Optional fields include taxes, insurance, HOA dues and PMI. This is an excellent calculator to bookmark if you're house shopping.

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Rent vs. Buy Calculator

Is it cheaper for you to rent or buy? Use this calculator to determine how many years it will take before the cost of buying equals the cost of renting.

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Advanced Loan Comparison Calculator

Differences in loan term and interest rate can have a big impact on your monthly payments and the amount you'll pay over the life of each loan. Use this calculator to determine those differences.

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Blended Rate Calculator

Use the Blended Rate Calculator to determine the effective, or blended, interest rate if you use a first and a second mortgage to finance the purchase of a home.

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This is a Loan Production Office of Luminate Bank®
400 Executive Center Dr., Suite #108, Greenville, SC 29615

(864) 569-0741
origination@clteam.us

Hours: Monday to Friday 9am to 5pm
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Caleb LeGrand NMLS 259691

Luminate Bank NMLS 1281698 Bank Headquarters 2523 S. Wayzata Blvd., Suite 100 Minneapolis, MN 55405 (952) 939-7200. This is not an offer to enter into an agreement. Information provided is outlining the minimum down payment requirements as allowed by specific loan program and product guidelines and any information, rates and programs are subject to change without prior notice and may not be available in all states. All loans are subject to credit and property approval. Luminate Bank is not affiliated with any government agency. All rights reserved. Member FDIC. Equal Housing Opportunity Lender.

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