Karen & Fred Ryckman
|Money-saving financial calculators for home
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
- Simple Loan
values of your loan payment to calculate your monthly payments.
- How Much
House Can You Afford?
values below and find out for yourself.
The calculator will try to calculate what kind of
income lenders will expect you to be making to qualify for the specific
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?
interest rate of your loan, the points and costs and the loan amount. It
figures the rest.
Balloon Mortgage Calculator
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
Money-saving financial calculators for home
Mortgage Reduction Calculator
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!