Mortgage Calculators for Buyers
When you’re shopping for a local property, there are plenty of things to think about, and the mortgage you can qualify for is just one. However, during the process you’ll be evaluating a number of properties and mortgage options. The ability to “run the numbers,” checking the property financing details with different mortgage and down payment options, is important.
Use the mortgage calculators on this page to help you run those numbers and try different combinations of interest rate and down payment with each home on your list. There’s no substitute for knowledge and preparation. Consult with a mortgage professional for the most accurate information. Please contact me if you would like a reference to a local mortgage professional.
Compare Interest Only vs. Principal
Calculate the difference between interest only mortgage & principal mortgages
Calculate Amortized Payments
Determine the monthly payment amount based on the amount borrowed & more …
Compare Monthly vs. Bi–weekly
Save more by making one half of your mortgage payment every two weeks …
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