Sunday, June 8, 2008

Home Mortgage Calculators

Here is a List of Mortgage Payment Calculators / Home Mortgage Calculators / Loan Mortgage Calculators for your use

Calculators

Source

Mortgage payment calculator

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What would my loan payments be?

This mortgage calculator shows estimated monthly mortgage payments for different home loan amounts, interest rates and mortgage terms. Select either yearly or monthly to view the respective amortization tables for the mortgage payment calculator

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Mortgage Payment Calculator

The mortgage payment calculator determines your payments for a particular loan. If you request an amortization table, you will also see how quickly your loan balance is paid off

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Amortization Calculator

This calculator will help you create a complete payment schedule over the life of your loan - showing principle & interest on a monthly or yearly basis.

Enter the Principal, Interest, Term and starting month of the loan to see the monthly payment, principal & interest paid, and the remaining balance. The qualifying income (as per the "28/36" qualification ratio) is also shown

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Mortgage Calculator & Financial Calculators

This resource features over 100 different financial calculators. Through the left column you can quickly access all calculators (sorted by type). Below you can find the 20 most common mortgage calculators

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Mortgage Payment Calculator

It is important to find the right home and loan to match your budget. Use our calculator to figure out your estimated monthly payment in advance by estimating your loan amount, interest rate, and length of mortgage.

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Mortgage Payment Calculator

To calculate your monthly mortgage payments quickly and easily, enter the loan amount, the interest rate and the length of the loan in the fields below. In seconds, you'll have an estimate of your monthly house payment

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Mortgage Loan Calc

Use this calculator to generate an amortization schedule for your current mortgage. Quickly see how much interest you will pay and your principal balances. You can even determine the impact of any principal prepayments! Press the "View Report" button for a full yearly or monthly amortization schedule

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Adjustable Rate Mortgage

Adjustable rate mortgages can provide attractive interest rates, but your payment is not fixed. This calculator helps you to determine what your adjustable mortgage payments may be

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ARM vs. Fixed Rate Mortgage

A fixed rate mortgage has the same payment for the entire term of the loan. An adjustable rate mortgage (ARM) has a rate that can change, causing your monthly payment to increase or decrease. Use this calculator to compare a fixed rate mortgage to two types of ARMs, a Fully Amortizing ARM and an Interest Only ARM

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Balloon Mortgage

A balloon mortgage can be an excellent option for many home buyers. A balloon mortgage is usually rather short, with a term of five to seven years, but the payment is based on a term of 30 years. They often have a lower interest rate, and can be easier to qualify for than a traditional 30 year fixed mortgage. There is, however, a risk to consider. At the end of your loan term you will need to pay off your outstanding balance. This usually means you must refinance, sell your home or convert the balloon mortgage to a traditional mortgage at the current interest rates

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Fixed Rate vs. Interest Only Mortgage

A fixed rate mortgage has the same payment for the entire term of the loan. Use this calculator to compare a fixed rate mortgage to Interest Only Mortgage.

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Interest Only ARM

Interest only mortgages can provide you with very low monthly payments, however you are not paying off any principal during the interest only period. Use this calculator to examine an interest only mortgage.

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Mortgage Comparison: 15 yr. vs. 30 yr

Determining which mortgage term is right for you can be a challenge. With a 15 year mortgage you will pay significantly less interest, but only if you can afford the higher monthly payment. Use this calculator to compare these two mortgage terms, and let us help you decide which term is better for you

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Mortgage Payoff

How much interest can you save by increasing your mortgage payment? This financial calculator helps you find out. Click the "View Report" button to see a complete amortization payment schedule, and how much you can save on your mortgage!

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Mortgage Points

Should you buy points? Buying points when you close your mortgage can reduce its interest rate, which in turn reduces your monthly payment. But each "point" will cost you 1% of your mortgage balance. This calculator helps you determine if you should pay for points, or use the money to increase your down payment. Click on the "View Report" button to review your information

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Mortgage Qualifier

The first step in buying a house is determining your budget. This calculator steps you through the process of finding out how much you can borrow. Fill in the entry fields and click on the "View Report" button to see a complete amortization schedule of your mortgage payments

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Refinance Breakeven

How long will it take to breakeven on a mortgage refinance? That depends on a multitude of factors. These factors include your current interest rate, the new potential rate, closing costs and how long you plan to stay in your home. Use this calculator to sort through the confusion, and determine if refinancing your mortgage is a sound financial decision. Click the "View Report" button for a detailed look at your records

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Refinance Interesting Savings

How much interest can you save if you refinance your mortgage? This calculator helps you find out! Enter the specifics about your current mortgage, along with your current appraised value, new loan term, rate and closing costs. This will determine how much interest refinancing can save you. In addition, it will calculate the number of months to breakeven on closing costs with your reduced monthly payment. Click the "View Report" button for a detailed look at the results

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Rent vs. Buy

Should you rent or should you buy your home? It takes more than looking at your mortgage payment to answer this question. This calculator helps you weed through the fees, taxes, and monthly payments to help you make a good financial decision. Click the "View Report" button for a detailed look at the results

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Mortgage calculator

Determine the monthly payments for any fixed-rate loan. Just enter the amount and terms, and our mortgage calculator does the rest. Click on "Show Amortization Table" to see how much interest you'll pay each month and over the lifetime of the loan. The mortgage calculator will also show how extra payments can accelerate your payoff and save thousands in interest charges

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Mortgage Calculator

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