Web Search:
Mortgage Calcs
Buy A Home
Mortgage Refiancing
Mortgage Calculator
Manufactured Loans
Refinancing Homes
Only Interest Mortgage

Mortgage Loan Types:

• Refinance
• Second Mortgage
• Debt Consolidation
• New Purchase
• Home Improvement
• Reverse Mortgages
• Commercial

Mortgage Calc

Using a mortgage calc can also help you ensure that your loan terms will not cause negative amortization. Amortization is the schedule of repayment of your mortgage through monthly payments of principal and interest . Negative amortization occurs when the monthly payments set by the lender are not high enough to cover interest and principal. This causes the outstanding balance of the mortgage to increase instead of decrease as the repayment period goes on. Negative amortization can cause a homeowner to default on the loan, and though uncommon, all borrowers should be certain that set monthly payments are high enough to cover both the interest and principal of the loan.

The numbers determined by a mortgage calc should be considered estimates and should be used as a tool in preparation for obtaining a loan, not as a primary resource for the repayment of your loan. Lenders will provide information on the amortization of your loan. Small discrepancies between the information given by a mortgage calc and that given by a lender can often be attributed to the differences in how fractions of a penny are processed by both parties. Research and planning can help you find the mortgage that really suits you. Apply online to contact lenders about your mortgage or use our mortgage calc to find out more about your mortgage terms.

Whether you want a loan to buy a new home or to refinance your current mortgage, a mortgage calc can help you decide what kind of loan is worthwhile and what cost you too much in the end. A mortgage calc can show you the difference a shorter term, a slightly lower rate, or an occasional extra payment can make on your loan and your finances. Use our mortgage calc to find out more or fill out our free short form to contact up to four lenders about finding a new mortgage or refinancing your existing loan.

A mortgage calc can also show you the difference that the term of your loan makes on your repayment schedule. A $997 monthly payment on a $150,000 loan at 7% over the period of 30 years with $209,263 in total interest may sound acceptable, but using the calculator you can compare this monthly payment to what would be paid on a shorter term loan. The same loan with a 15 year term would have higher monthly payment of 1,348, which is $351 more. However, the 15 year term would cut the total interest in half to the amount of 92,683. In this case, cutting your loan term in half and paying $351 more a month could save you over $100,000.


  Home Lending Services
  • 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’.
  First Name:
  Last Name:
  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

Mortgages : Mortgage Loans : Home Loans

  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:
Est. Property Value:  
Original Purchase Price:  
Current Interest Rate: %
Current Monthly Payment:
   Loan Type:
   Property Type:
   Years at Job:
   Annual Income:       
  Announcements? Yes No thanks
  First Time Buyer? Yes No thanks
  Free Realtor Quotes:
Yes – Free, No Obligation Debt Consolidation Quote

Mobile Home / Manufactured Home Refinancing – must apply here instead
That’s It! >>    
  Home Lending Resources
Looking for a good Mortgage Calc? Figure out your monthly payments and see what happens as you fidget your interest rate up or down. Rates in general are great for everyone, but checking out your possible monthly payment is still the first step… Looking for a free mortgage loan calculator? You have come to the right place, our calculator will estimate your monthly payments and provide you with a complete printable amortziation table showing your interest paid each month… Loan calculators are a good preperation tool before taking out your loan. The mortgage calculators provide a great estimate of your monthly payments so you can factor them into your budgest before you go through the borrowing process…
Down payment assistance is available for those interested in owning their own home but lacking the cash to make their down payment. A qualified mortgage broker can assist you in understanding your options and how much home you can afford… 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…

There are some costs that come along with refinancing. In order to save in the long run, refinancers will have to pay closing costs, which are much like the costs paid with the initial mortgage. These costs include insurance and appraisal fees…

  Sponsored Resources
4 lenders compete for your mortgage loan.
Mortgage Loans and financing. Mortgage Quotes.
Home Loan Quotes.
Stylish shoes.

© 2004 Expo Group Inc. All rights reserved.