Mortgages calculators include anything from a home loan monthly payment calculator to the refinancing or debt consolidation calculators featured on this site. These three calculators represent some of the most common loan types. In particular home loans. Our mortgage payment calculator for home loans will not only give you an estimated monthly payment on the loan, it will also give you a complete amortization schedule to show you how your interest payments amortize over the entire life of the loan.
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Our refinancing calculator has a great feature that puts the entire description of your unique loan into readable English that is designed to be easy to understand. The key point of the calculator output is your break-even date. The time it takes to break-even represents the amount of time you would have to stay in your home at a new lower interest rate saving money every month to offset the actual costs of processing your refinance.
Our debt consolidation calculator is an easy tool in which you can plug in your debts and what you pay in them monthly up to a handful of debts. These debts are then aggregated into one single loan payment. This is great for helping you keep your bills straight and you can also use the time you consolidate your debt to take out additional cash that you need immediately for other purposes.
All of our mortgages calculators are provided as a free service intended to get you comfortable with the figure quotes you will receive from our network of mortgage brokers. All of our brokers strive to offer a competitive rate and are more than happy to have your business and to answer any questions you may have throughout the entire process.