Basics

Mortgage calculators can help you decide a number of issues, including:

Begin the Loan Process

This is when you figure out how much you can afford, and how much you will need to put down for an acceptable payment.

Debt Consolidation

This is to figure out how much money you can save on your monthly debt payments by refinancing your mortgage and using the proceeds to pay off high interest debt.

Refinancing

This is to figure out how much you can save on your refinance, or what your new payments will be with different loan options.

Home buyers/sellers

These mortgage calculators will help you figure out your purchase options or your profits as a real estate property seller.

Minimum Payment Loans

These mortgage calculators help you figure out your monthly payment with minimum payment option loans, and how much deferred interest you may accumulate.

Rates and payments

These mortgage calculators help you figure out monthly payments under different rate and term scenarios.

Here is a sample list of the types of mortgage calculators available online:

Begin the Loan Process

• Loan Qualification
• Which Lender Is Better
• Closing Costs
• Loan Payment Comparison
• Compare Loan Terms
• APR Calculator Spreadsheet

Debt Consolidation

• Debt Consolidation Calculator

Refinancing

• Refinance Payment Size
• Refinance Cost
• Refinance Breakeven

Home buyers/sellers

• Purchase Size
• Buyers Costs
• Home Seller Profits
• Down Payment Calculator

Minimum Payment Loans

• Max ARM Payment
• Minimum Payment
• Neg Am Payment
• Neg Am Options
• 1% Loan
• 1.25% Loan
• 1.95% Loan

Rates and payments

• Balloon Payment
• Interest Only
• 15 or 30 Years?
• 30 or 40 Years?
• 30 or 45 Years?
• 30 or 50 Years?
• 40 Year Mortgage Calculator
• 45 Year Mortgage Calculator
• 50 Year Mortgage Calculator
• Mortgage Prepayment Calculator
• Compare 4 Mortgages Calculator
• Compare Different Downpayments Calculator
• Mortgage Debt Paydown Calculator
• Mortgage Paydown Calculator
• What Will Different Houses Cost Me?

Get Mortgage Rates, 25+ Free Mortgage Calculators, Mortgage Quick Tips and Much More

Real Estate News and Advice

Refinancing Mortgage News

Source: www.articlealley.com