Disclaimer

The legal language. Read it before relying on any number on the site.

The information and tools on RateCraft are provided for general educational and informational purposes only. They are not, and should not be construed as, financial, legal, tax, mortgage, or investment advice. Nothing on this site constitutes an offer or solicitation to extend credit, sell securities, or provide any other regulated service.

Calculator outputs are estimates

All calculations on this site are estimates based on the inputs you provide and on standard industry conventions. They will differ — sometimes materially — from the actual numbers a lender, servicer, tax advisor, or other professional will quote you. Specifically:

Mortgage rates and pricing change daily and vary by lender, region, credit profile, and program.
LLPA pricing is based on a published Fannie Mae matrix; lenders may absorb, mark up, or modify these adjustments. Real lender pricing varies.
Tax calculations use simplified models. Capital gains brackets, passive activity rules, depreciation, AMT, NIIT, QBI, and SALT treatment are summarized rather than fully implemented. The IRS rules are complex; consult a CPA for your situation.
Property taxes, insurance, HOA dues, closing costs, and PMI rates vary widely by location and lender. Defaults are starting points, not quotes.
Section 121 exclusion, depreciation recapture, §469 passive-loss limits, and 1031 exchange rules are modeled approximately. The actual federal and state tax treatment depends on facts not captured in the calculators.

Not a mortgage lender or broker

RateCraft is not a mortgage lender, mortgage broker, real estate agent, attorney, accountant, financial advisor, insurance agent, or any other licensed professional. The site does not originate loans, arrange financing, or recommend specific products from specific providers. We are not licensed by the National Mortgage Licensing System (NMLS) because we don’t need to be — we don’t do anything that requires a license.

RESPA, TILA, and ECOA

Nothing on this site constitutes a referral as defined under the Real Estate Settlement Procedures Act (RESPA, 12 U.S.C. § 2607). The site does not extend credit or take a credit application as defined under the Truth in Lending Act (TILA, 15 U.S.C. § 1601 et seq.) or the Equal Credit Opportunity Act (ECOA, 15 U.S.C. § 1691 et seq.). Calculator outputs are not "Loan Estimates" as defined under the TILA-RESPA Integrated Disclosure (TRID) rule.

Get professional advice

Before making any borrowing, refinancing, purchase, sale, investment, tax, or insurance decision, consult appropriately licensed professionals. A mortgage loan officer (verify NMLS at nmlsconsumeraccess.org), a CPA or enrolled agent for tax matters, an attorney for legal questions, a Certified Financial Planner™ (CFP) for holistic financial planning, and an insurance agent for coverage are all worth their fees on a decision of this size.

No warranty

The site and its content are provided "as is" without warranty of any kind, express or implied, including without limitation warranties of merchantability, fitness for a particular purpose, accuracy, timeliness, completeness, or non-infringement. To the maximum extent permitted by law, we disclaim all liability for any direct, indirect, incidental, consequential, special, or punitive damages arising out of or related to your use of the site or reliance on its outputs.

Third-party links

Links to third-party websites (e.g., Fannie Mae documentation, IRS publications, NMLS Consumer Access) are provided for convenience. We don’t control those sites and aren’t responsible for their content, accuracy, or privacy practices.

Equal opportunity

The site does not discriminate on the basis of race, color, religion, national origin, sex, marital status, age, receipt of public assistance, or any other protected characteristic. The mortgage industry is a regulated industry; if you believe a lender has discriminated against you, the Consumer Financial Protection Bureau (CFPB) accepts complaints at consumerfinance.gov/complaint .

By using this site, you agree to the above. If you don’t agree, please don’t use it. This disclaimer may be updated from time to time; the current version is the one posted here.