Money-saving financial calculators for home buyers.
The interest rates and payments
are estimates and are not guaranteed until you submit an application and
the interest rate is officially underwritten by a mortgage company. Also,
Payment calculators do not include Private Mortgage Insurance. PMI could
be required by some Mortgage Companies based upon the mortgage amount
requested. |
Simple Loan
Payment Calculator Enter the
values of your loan payment to calculate your monthly payments.
|
How Much
House Can You Afford? Submit some
values below and find out for yourself. |
Mortgage
Qualification Calculator
The calculator will try to calculate what kind of
income lenders will expect you to be making to qualify for the specific
values. |
Renting
vs. Buying
This form allows you to compare renting versus
buying by submitting how much you want to spend a month and how much down
you would put into your house. |
APR - How Much
Does That Loan Really Cost? Enter the
interest rate of your loan, the points and costs and the loan amount. It
figures the rest. |
Convertible
Balloon Mortgage Calculator
These days
5/25 and 7/23 convertible balloon mortgages are getting more popular since
they provide lower rates than conventional 30 year mortgages while still
giving a fixed payment schedule for 5 or more years. The risk, of course,
is what happens after the initial fixed period is over and you have the
possibility of converting your loan. Here is a calculator to try to answer
those questions. |
| |
Money-saving financial calculators for home
sellers. |
Prepayment
Mortgage Reduction Calculator
This form allows you to see how prepaying your mortgage reduces the length of your
mortgage by putting in the current values for your loan. |
How Long Will It
Take For My Loan Be Paid Off?
Here is a new twist on the mortgage calculator. Here you tell how much you want to
spend each month, an interest rate and a loan amount, and the computer
tells you how long it will take you to pay it off!
|
|