Web Search:
 
›
Amortization Scheduling
›
Second Mortgage
›
Refinancing Houses
›
Mortgage
›
Home Equity Loan
›
2nd Mortgage
›
New Home
Amortization Schedules

Amortization schedules work like the following. Assume your loan amount is $150,000, your interest rate is 7%, and your term is 30 years. Schedules will show you that your monthly payment will be $997. It may also tell you that your monthly interest is $581, your interest paid at the end of the first year will be $9,584, and that by the time your loan is repaid you will have paid $209,263. Good schedules will even show you the amount of principal you are paying versus the amount of interest every month. In the first month with this loan you would pay $122 of your monthly payment to principal but the rest of the $997 towards interest. By the end of the loan term, $992 would be paid to the principal while only $5 would be towards interest. To see your amortization schedules try our free online calculator and then apply for a free rate quote.

Apply Here – Check out our short form – free quote request

An Amortization table is just another term for amortization schedules. An amortization print out is simply a good way to determine what you will be paying in interest every month vs. what you will be paying in principal. On your schedules you will see very clearly the effects of small changes in your interest rate. Once you have tried our free calculators, apply online for a free no obligation rate quote on your new mortgage. You will get up to four free rate quotes from one short form.

Amortization schedules are meaningful for new homeowners who would like to see what difference a few points on their interest rate makes. When financing a home, you have the option of paying what is known as points on your loan. Points are basically 1% of your entire loan amount each and paying them allows you to reduce your interest rate by some marginal amount. Paying points is the way most homebuyers reach their targeted monthly payment amount.

Amortization schedules calculators allow you to enter your loan amount, proposed interest rate, and your loan term and see a complete calculation of each of your monthly payments subdivided into interest and principal each month. Another useful feature of these calculators is the ability to factor in extra monthly payments that you hope to see pay off your loan ahead of schedules.

 


4 Loan Offers – One Application
  • Expert lenders compete for your busines with low rates and great loan terms
  • Poor to Excellent credit borrowers welcome – low rate mortgage loans
  • No mandatory credit check – let only the lender you choose check your credit
  • Free evaluation of your borrowing options in a no obligation setting
  Need Cash? Considering a Home Equity Loan? Why not get cash out from your equity and refinance in one process. Select ‘Refinance’ on the application and specify your ‘Cash-Out’.
  Personal
  First Name:
  Last Name:
  Address:
  City:
  State:
  Zip:
  Day Phone:
  Night Phone:
  Email Address:
  Contact Time:
All information collected is treated as strictly confidential and will only be used for the purposes of a real estate mortgage loan quote request.

Privacy • Terms of Service • Terms of Use

Mortgage Loans : Home Loans
Home Loans
: Home Equity Loans
Refinancing Mobile Home / Manufactured Home Refinancing

  Loan Information
  (Application fields change with Loan Type selection)
   Want cash and a lower interest rate or monthly payment?
   Refinance again or for the first time and get cash back!
   Loan Type:
Cash-Out:  
Est. Property Value:  
Original Purchase Price:  
Current Interest Rate: %
Current Monthly Payment:
   
   Loan Type:
   Property Type:
   Credit:
   Employer:
   Years at Job:
   Annual Income:       
   Comments:
  Announcements? Yes No thanks
  First Time Buyer? Yes No thanks
  Free Realtor Quotes:
Yes
Yes – Free, No Obligation Debt Consolidation Quote

That’s It! >>    
  Home Lending Resources
Amortization schedules are a handy thing to have around whenever you want to see how much interest you are paying every month. One useful purpose of this figure is to know how much to deduct on your taxes each year… Amortization calculators allow you to enter your loan amount, your down payment, and your rate of interest. The result is a payment schedule for the entire life of your loan showing you how much interest you are paying with each payment… Refinancing home mortgages can mean a lot more than simply a rate change. You can get cash out and consolidate other high interest debts you have into a simpler single monthly mortgage payment…
A bad credit mortgage is possible with the help of a veteran mortgage broker. Expo Financial can connect you with help that is specialized in helping clients with less than perfect or bad credit… VA Home loans have a four step qualifying process done with the government and many advantages in terms of cost as compared to typical loans. Lower interest rates and downpayments are possible. The VA also offers financial counseling for those in debt…

Loan calculators are free tools that will let you determine your monthly payment on a new loan. You can also print an amortization table to see your payments over the entire life of the loan broken down into interest and principal…

  Sponsored Resources
4 lenders compete for your mortgage loan.
Mortgage Loans and financing. Mortgage Quotes.
Home Loan Quotes
trade gift cards
gift certificate exchange site
Compare Rates. Get Quotes. Save on your mortgage.

© 2004 Expo Group Inc. All rights reserved.