Financial Calculators

Should you rent or buy? How much home can you afford? What will your monthly payments be? For most people, purchasing a home represents the biggest financial decision they’ll ever make. Our Financial Calculators can help to remove guesswork from your decision-making process and provide a clearer picture of what home ownership entails.

Monthly Budget Calculator

Determine your monthly budget with our Budget Calculator. Understanding your current financial position is one of the first steps in the home buying process.

How much am I spending?

Mortgage Payment Calculator

Before you commit to purchasing your new home, use this calculator to get an idea of what you’ll be spending each month in mortgage payments.

What will my payment be?

Home Affordability Calculator

Is that new home you want really within a price range you can afford? Our Affordability Calculator gives you a clear picture of how much home you can purchase.

How much home can I afford?

Rent vs. Buy Calculator

Is renting or buying the right choice for you? Each has its own financial advantages and drawbacks. Our calculator helps you make an informed decision.

Should I rent or buy?

15-year or 30-year Mortgage Calculator

Which is right for you? Lower monthly payments with a 30-year loan or significant interest savings with a 15-year term? Use our calculator to compare.

Which loan is right for me?

Calculators are provided by a third party service. All examples are hypothetical and for illustrative purposes only; not intended to be an advertisement for product or services. First Internet Bank encourages you to seek independent advice from qualified professionals regarding your personal finances. The results are estimates based on information you provided and may not reflect our product terms, nor determine your eligibility for a specific product or service.