|
|
|
Financial simulators |
 |
 |
> home > home finance > calculators |
 |
|
|
> Mortgage Payment Calculator and Amortization Table
This calculator will compute a mortgage's monthly payment amount based on the principal amount borrowed,
the length of the loan and the annual interest rate. This calculator will also compute your total mortgage
payment which will include your property tax, property insurance and PMI payments. Then, once you have
computed the monthly payment, click on the "Create Amortization Schedule" button to create a report you
can print out.
> Mortgage Qualification Calculator
This calculator will help you to determine how much house you can afford and/or qualify for.
Begin by clicking in the first entry field and follow the instructions that appear in the Help box.
> Mortgage Rate Comparison Calculator
his calculator that will help you to compare monthly payments and interest costs of home mortgages at up
to five interest rates simultaneously. Enter the mortgage principal amount and the length of the mortgage
in years. Then, either enter a starting interest rate and select the percentage to increment the comparison
rates, or enter a rate for each of the five "Interest Rate" fields.
> Mortgage Payoff Goal Calculator
This calculator will show you the additional monthly payment you will need to make on your current mortgage in order
to pay it off within a specified number of years. It will also show you how much interest you will save if you make
the calculated additional payment each month, from now until your mortgage is paid off.
Note: When entering your current monthly mortgage payment amount, be sure to enter only the principal and
interest portion of your payment.
> Mortgage Refinancing Calculator
This calculator will help you to decide whether or not you should refinance your current mortgage at a lower interest
rate. Not only will this calculator calculate the monthly payment and net interest savings, but it will also calculate
how many months it will take to break even on the closing costs.
> Adjustable Rate Mortgage Calculator
This calculator will help you to determine what your adjustable rate mortgage payment will be.
|
|