TrueCost mortgage calculators are provided for educational and informational purposes only. They do not constitute financial, mortgage, legal, or tax advice. Always consult a qualified professional before making any financial decision.
1. Not Financial Advice
The information and results provided by TrueCost calculators are estimates based on the inputs you provide and standard mathematical formulas. They are intended to help you understand mortgage concepts — not to replace advice from a licensed mortgage broker, financial advisor, or other qualified professional.
Before making any mortgage, home purchase, or refinancing decision, you should consult with a licensed mortgage professional who can assess your specific situation, creditworthiness, local market conditions, and applicable laws.
2. Accuracy of Calculations
While we strive to ensure our calculators are mathematically accurate, results may differ from actual loan terms for several reasons:
- Actual mortgage rates vary based on credit score, lender, loan type, and market conditions
- Property taxes, insurance, and HOA fees vary significantly by location and property
- Lenders may use slightly different amortization methods or fee structures
- Results do not account for PMI, origination fees, closing costs, or other variable charges unless explicitly included
- Rent appreciation and home value appreciation assumptions are estimates based on historical averages — actual future values cannot be predicted
3. YMYL Notice
Mortgage and financial decisions are classified by Google and regulators as "Your Money or Your Life" (YMYL) topics — decisions with significant financial impact. We take this responsibility seriously. Our calculators present standard formulas transparently, but we strongly encourage you to verify all results with your lender before proceeding.
4. Affiliate Links
Some pages on TrueCost contain links to third-party mortgage lenders and comparison services. These may be affiliate links, meaning we may receive a commission if you click through and apply for a loan. This does not affect our calculator results, which are independent and unbiased. All affiliate links are clearly marked.
5. No Warranty
TrueCost is provided "as is" without any warranty of accuracy, completeness, or fitness for a particular purpose. We are not liable for any financial loss, damage, or decision made in reliance on the results of our calculators.
6. US-Focused Content
Our calculators are primarily designed for US mortgage products and conventions. Mortgage structures, tax treatment, and regulations differ significantly in other countries. Non-US users should adapt results accordingly and consult local professionals.