Home Financing Calculators
Maximum Mortgage Calculator
Home Financing CalculatorsWhat is your maximum mortgage? That largely depends on your income and current monthly debt payments. This calculator collects these important variables and determines your maximum monthly housing payment and the resulting mortgage amount.
Mortgage Balloon Calculator
Home Financing CalculatorsA balloon mortgage can be an excellent option for many home buyers. A balloon mortgage is usually rather short, with a term of five to seven years, but the payment is based on a term of 30 years. They often have a lower interest rate, and can be easier to qualify for than a traditional 30 year fixed mortgage. There is, however, a risk to consider. At the end of your loan term you will need to pay off your outstanding balance. This usually means you must refinance, sell your home or convert the balloon mortgage to a traditional mortgage at the current interest rates.
Mortgage Comparison Calculator 20 Years vs 30 Years
Home Financing CalculatorsDetermining which mortgage term is right for you can be a challenge. With a shorter 20 year mortgage, you will pay significantly less interest than a 30 year mortgage - but only if you can afford the higher monthly payment. Use this calculator for a comparison of a 20 vs. 30 year mortgage.
Mortgage Loan Calculator
Home Financing CalculatorsUse this mortgage calculator to determine your monthly payment and generate an estimated amortization schedule. Quickly see how much interest you could pay and your estimated principal balances. Enter prepayment amounts to calculate their impact on your mortgage.
Mortgage Payment Calculator for 15 yr, 20 yr and 30 yr loans
Home Financing CalculatorsCompare payments for 15, 20 and 30-year mortgages. Enter your mortgage amount and interest rates to easily compare these three popular mortgage terms.
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