Web Search:
 
›
Loan Amortization Calc
›
Home Improvement Loans
›
Reverse Mortgage
›
Mortgage Rate Trends
›
HELOC
›
Mortgage Calculators
›
Mortgage Calcs
Loan Amortization Calculator

Amortization is the process of repaying your loan through monthly payments of the principal and interest. An amortization calculator can show you what these monthly payments will be. Use our amortization calculator to get an estimate on your monthly payments or fill out our free short form to contact up to four lenders about your mortgage.

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

The best way to approach the process of finding a new loan is as an informed consumer. In order to find the loan you want, you will have to know exactly what you are looking for as far as interest rates, loan terms, down payments, and monthly payments. Using a loan amortization calculator is a good way to get a grasp on what you want in a loan. Use our free loan amortization calculator to understand the effect your terms will have on your loan or fill out our free short form to contact lenders about your loan.

The information provided by loan amortization calculators are estimates and should be treated as such. In all cases, you should rely on the information provided by you lender and only use the amortization calculator as an educational tool. Also, loan amortization calculators not of much help to borrowers with adjustable rates, as interest rates are subject to change. Lenders may not handle fractions of a penny in the same was as the loan amortization calculator and this should be taken into account. Looking for a new loan can be exciting, but make sure to have as much information about the loan you want as possible. Apply online today to contact up to four lenders about your loan and help understanding our loan amortization calculator.

A loan amortization calculator provides you with information on the repayment schedule of a loan based on the information you enter in. For example, on a $150,000 loan, with a 7% fixed interest rate, and a 30 year term, the monthly payment will be $997. If you are unsure if you wanted a 30 year term or a 15 year term, you can use the loan amortization calculator to see the advantages and disadvantages. By changing the term to 15 years, the monthly payment increases by $351, making the monthly payment $1,348. Some calculators will also show the difference in interest between the two. On the 30 year term, $209,263 is paid in interest by the time the loan is repaid. However, on the 15 year term, $92,683 is accrued in interest, showing that, if you are able to make the $1,348 monthly payment, a 15 year term is more beneficial. If the higher monthly payment would put to much stress on your income, the 30 year term is better suited to your needs. Knowing this, you would be far more able to make an educated decision someone were trying to persuade you towards a certain loan term.

 


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
Loan amortization calculators will tabulate your monthly payments just as a monthly payment calculator does. Additionally you will be able to see your monthly payments split into interest and principal to see how much equity your home is building each month… Take advantage of low interest rates with a home equity loan. Using the equity in your home will help you get a lower interest rate than a conventional loan and you can get cash fast to make a large purchase or invest for your future…. House refinancing is a painless way to take advantage of available lower interest rates to save money in interest costs over the life of your line. It is also a great chance to get cash out at a low interest rate for expenses and savings for the unexpected…
Adjustable rates are most common for less than perfect credit borrowers. Expo financial can place you in contact with a licensed mortgage broker in your area that can help you take advantage of historically low interest rates… Farm loans are possible with federal assitance from programs offered by the FSA and the USDA. Loans are available for farm ownership and operation expenses in an effort to help improve rural areas through commercial efforts…

Home equity lanes are a nice option for consolidating higher interest debts into the low interest rate you can get on a home equity loan. Often referred to as a second mortgage you can get great rates thanks to the equity you have in your home…

  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
Stylish shoes.

© 2004 Expo Group Inc. All rights reserved.