Minnesota & Multi-State Mortgage Tools

Mortgage Calculators

Use our interactive calculators to estimate your payments, analyze investment properties, and see how much you can save by refinancing.

How Much Can I Afford?

Estimate your monthly mortgage payments including taxes, insurance, and HOA fees to see how much home fits your budget.

Mortgage Calculator

Estimate your complete monthly mortgage payments

$400,000
20% ($80,000)
Loan Amount:$320,000
6.5%
30 Years
$300
$100
$0
Total Monthly Payment$2,423
Principal & Interest (P&I)$2,023
Taxes, Insurance & HOA$400
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Rent vs. Buy Calculator

Compare the long-term financial impact of renting versus buying a home to see which option makes the most sense for you.

Rent vs. Buy Calculator

Compare long-term costs of renting versus buying over 10 years

Cost of Renting (10 yrs)

$343,916

Net Cost of Buying (10 yrs)

$214,510

Break-Even Point

Year 3 - Year 4

Buying builds long-term wealth!

Renting Assumptions

$2,500
3%

Buying Assumptions

$400,000
5%
6.5%

Refinance Savings Calculator

See if refinancing makes sense for you by comparing your current mortgage with a new loan to calculate potential monthly savings.

Refinance Calculator

Calculate potential monthly savings by lowering your interest rate

$300,000
6.5%
30 Years
5.5%
30 Years
Current Monthly Payment (P&I)

$1,896

New Monthly Payment (P&I)

$1,703

Monthly Savings

$193/mo

Investment Property (DSCR) Calculator

Analyze investment properties using the Debt Service Coverage Ratio (DSCR). See if the expected rental income qualifies for an investor loan.

Investment Property (DSCR) Calculator

Debt Service Coverage Ratio = Gross Monthly Rent / Total PITIA Payment

$500,000
20%
$4,000
7.5%
DSCR Ratio1.14

Acceptable DSCR - Cash Flow Positive

Loan Amount:$400,000
Monthly PITIA:$3,505
Est. Net Cash Flow:$495/mo

Extra Payment Savings Calculator

See how much time and interest you can save by making additional monthly payments towards your principal balance.

Extra Payment Savings Calculator

Calculate interest and years saved by paying extra toward principal

$300,000
6.5%
25 Years
$200/mo
Total Interest Saved

$68,042

Time Saved

4y 9m

Standard Interest Total:$307,686
New Interest Total:$239,645

HELOC & Home Equity Calculator

Calculate how much equity you can tap into and estimate your monthly payments for a Home Equity Line of Credit or Home Equity Loan.

HELOC & Home Equity Calculator

Estimate maximum tapable equity and monthly payments for HELOCs or Home Equity Loans

$500,000
$300,000
80%
$50,000
8.5%
Max Available to Borrow (80% LTV)

$100,000

Est. Interest-Only Monthly Payment$354/mo
Est. Amortizing Payment (15-Yr Loan)$492/mo

Free Home Value Estimator

See an instant estimated value of your home — a great starting point for a refinance, cash-out, or home equity conversation.

Find Out How Much Your Home Is Worth

Enter your address above to instantly view the estimated value of your home.

Ready to Get Started?

Get pre-approved fast or request a personalized rate quote.

Over 200 5★ Verified Reviews

What Our Clients Say

Real feedback from Minnesota, Wisconsin, North Dakota, and Florida homebuyers and refinancers.

Zillow Verified

"Amazingly Helpful"

I have yet to actually buy a house myself, mostly due to my own questions on what I want, but Jay came highly recommended from a trusted co-worker. He has helped me through multiple choices, questions, potential properties, and helped my sister with her mortgage too. I would highly recommend Jay and his team!

Justin M.
Crystal, MN
Purchase / Pre-approval
April 2024
Google Verified

"Seamless Home Buying Experience"

Jay and Madeline were incredible to work with from start to finish. As first-time homebuyers, we had endless questions and they walked us through every option patiently. They found us a rate we couldn't get anywhere else and closed right on schedule!

Sarah & Mark T.
Maplewood, MN
Conventional Purchase
March 2024
Zillow Verified

"Engaged and Responsive!"

THANK YOU to Molly and the Jay Dacey Team! During a refinance of my mortgage loan for lowering my interest rate, lowering my mortgage payment, and squaring away my escrow account! Engaged and responsive! Handled a difficult purchase previously and executed flawlessly.

Paul S. & Odin
Shell Lake, WI
Refinance
February 2021

Read All 200+ Verified Client Reviews

Ready to Get Started?

Choose the option below that works best for you to get started with the Jay Dacey Mortgage Team.

Call or Text Us

(651) 315-7681

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Book a 1-on-1 mortgage consultation to review your budget, rate options, and down payment strategies.

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Start your secure application whenever you're ready — easy to use, available 24/7, and you can save your progress and come back to it anytime.

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