Which loan type fits me?
Credit score, down payment and goal → the programs that fit.
Loan finder 12 calculators
Loan Types & Programs Calculators
Compare FHA, reverse, balloon and piggyback structures, and the classic 15- versus 30-year question.
Start with a question
What do you want to figure out?
15-year or 30-year?
The payment gap against the interest you save on the same loan.
15 vs. 30 Year MortgageAll 12 calculators
FHA Loan Calculator
Estimate an FHA payment including upfront and annual mortgage insurance premiums (MIP).
Reverse Mortgage Calculator
Estimate the proceeds available to a homeowner 62 or older from a reverse mortgage.
Balloon Mortgage Calculator
Keep payments low with a long amortization, then see the lump-sum balloon due at the short term end.
Combination (Piggyback) Mortgage Calculator
Model an 80-10-10 piggyback structure to avoid PMI with a first and second mortgage.
15 vs. 30 Year Mortgage
Compare a 15-year and 30-year loan: the higher payment against the interest you save.
20 vs. 30 Year Mortgage
Weigh a 20-year mortgage higher payment against its long-term interest savings.
VA Loan Calculator
Estimate a VA loan payment: $0 down, no PMI, including the one-time funding fee.
USDA Loan Calculator
Estimate a USDA loan: 0% down for eligible rural buyers, with its guarantee and annual fees.
Jumbo Mortgage Calculator
Price a loan above the conforming limit, with full amortization and total interest.
Second Mortgage Calculator
The fixed payment and combined loan-to-value on a second mortgage behind your first lien.
Commercial Mortgage Calculator
A commercial loan amortized over a long schedule with a balloon due in a shorter term.
Construction Loan Calculator
Interest-only during the build, then a permanent mortgage — see both payments and the construction interest.
About these calculators
Not every mortgage works the same way. The calculators here model the major loan programs on their own terms — FHA with its upfront and annual MIP, VA with the funding fee and no PMI, USDA’s zero-down guarantee, and jumbo loans above the conforming limit.
Compare a 15- against a 30-year, price a second mortgage or balloon structure, or estimate a reverse mortgage’s proceeds. Each tool builds in the program’s specific costs so the payment you see reflects the loan you’d actually get.
Common questions
Loan Types & Programs calculators — frequently asked
What are the main types of mortgages?
Conventional loans (following Fannie Mae and Freddie Mac), the government-backed FHA, VA and USDA loans, and jumbo loans above the conforming limit. Specialty structures include reverse mortgages, balloon loans and second mortgages. Each has its own down payment, credit and insurance rules.
FHA vs conventional — which is better?
FHA if your credit is in the 580–669 range or your down payment is small; conventional if your credit is 620+ and you can drop PMI within a few years, since FHA’s mortgage insurance usually lasts the life of the loan.
Should I get a 15- or 30-year mortgage?
A 15-year carries a higher payment but a lower rate and far less total interest; a 30-year keeps payments low and flexible. Pick 15 if the higher payment fits comfortably, 30 if you value breathing room or want to invest the difference.
Which loan type requires no down payment?
VA loans (for eligible veterans and service members) and USDA loans (for eligible rural and suburban buyers under income limits) both allow 0% down. FHA needs 3.5%, and a conventional loan as little as 3%.
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