We are pleased to offer a variety of useful Morgage Calculator tools. Should you require any assistance in determining the appropriate rates to use give our loan team a call at 888.835.0761
Morgage Payment Calculator
Most calculators only figure out the monthly payment. Some include a breakdown of principal and interest. This calculator goes a step further and includes insurance, taxes and any PMI>
Morgage Affordability Calculator
This helpful calculator will use standard lending guidelines to figure out what your income needs to be in order to qualify for a given mortgage amount.
Morgage Comparison Calculator
This is a handy calc that permits you to simoultaneously comare the offers of up to four brokers/lenders at a time.
Principal and Interest Morgage Calculator
This is our favorite calc. It does everything! It has a full amortization table that allows you to see how your loan balance changes with each payment---it even lets you add 'extra payments' to see how that affects your balance. It is very helpful for figuring out tax benefits, too.
Refinance Morgage Calculator
This neat tool will compare your current loan to an offer proposed by a broker/lender to help you determine if it really makes sense to refinance your property.
We advise all clients to visit this
Morgage Glossary in order to increase your 'Loan Vocabulary'.