Payment Calculator and Amortization Table
calculator will compute mortgage's monthly payment, which will include
mortgage payment, interest payment, and insurance based on the principal
amount borrowed, term of loan period and annual interest rate. Once you
have computed monthly payment, click on the "Create Amortization Schedule" button
to generate report.
This calculator will help you to determine
how much you can afford for a house based on the gross annual income, PMI,
your down payment etc and finally gives the result. It also gives "Amortization
Schedule" if you want.
Rate Comparison Calculator
This calculator will help you to compare monthly payments and interest
rates of home mortgages at up to five interest rates based on the mortgage
principal amount and the length of the mortgage in years.
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.
This calculator not only helps to determine whether you should refinance
your current mortgage at a lowest interest rate, but also calculates how
many months it will take to break even on the closing costs.
Rate Mortgage Calculator
This calculator shows a fully amortizing ARM, which is the most common type
of ARM. The monthly payment is calculated to payoff the entire mortgage balance
at the end of the term.