Web Search:
 
›
Payment Calcs
›
Interest Only Mortgage
›
Home Loan VA
›
Bad Credit Refinancing
›
Mortgage Broker Online
›
Amortization Chart
›
Loan Calc
Payment Calculators

Payment calculators can provide a great deal of functionality that may be of interest to you. For example, if you are calculating your new monthly payment on your loan you might also add in extra monthly payments into the calculation. Some homeowners who are able and willing decide to double their mortgage payment for a single month out of every year. If you have a mortgage that does not charge early repayment fees, this is a great way to shorten the term of your mortgage and pay less in interest over the life of the loan.

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

Amortization table outputs of payment calculators show you how much interest you paying each month, and each year. This amount is some fraction of your total monthly payment that decreases over time. Whatever is not given up in interest expenses in your monthly payment goes towards the equity of your home. The equity of your home is the money you have paid down on your mortgage. As time goes on you will spend less and less on interest because your mortgage balance (the amount you owe) decreases over time provided that you make regular payments.

Refinancing payment calculators are an easy way to see how long you will need to stay in your home to recoup the costs of refinancing. This calculation is called a break-even analysis. If your break even time is longer than you intend to stay in your home, this means that the amount you save monthly thanks to the new lower interest rate will not surpass the amount you spent on refinancing charges before you move. This is an important consideration but less of an issue for homeowners who do not expect to move in the next 10 years.

Payment calculators are easily found on the web. Figuring out which one suits your needs is only a little bit harder and mostly a matter of understanding the output. Simple mortgage calculators generally ask you for a proposed interest rate, loan amount, and term (length of the loan), and the output is your estimated monthly payment. The mortgage calculator featured on this web site does a little bit more. In addition to your monthly payment calculation you are provided with what is called an amortization table.

 


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
Payment calculators are offered free on this site to help you determine your loan needs with estimatations before getting a real mortgage quote through our application. Our mortgage payment calculator will estimate your monthly payments and also generate an amortization table… A mortgage lender is chosen by your mortgage broker to finance your loan. An experienced mortgage broker has strong working relations with a lender to provide you the best rates for your lending needs… Calculate the monthly interest and principal that will be paid on your new loan. Print your your amortization schedule and factor in extra monthly payments to pay off your loan early…
Amortization is the gradual decrease in liability that you experience as you pay down your loan with each monthly payment. Your monthly payments on a loan amortization print out consist of your principal paid and your interest paid each month… Mortgages refinancing all up and down our streets are a clue to all of us that it may be in our best interest to have refinanced a few times in the past few years if we intend to stay in our homes for any more than 2 – 3 years…

Equity loans are a popular method of using home equity to capture today’s low interest rates for making large purchases or investments. Get a lower interest rate than your first home loan for up to the entire value of your present home…

  Sponsored Resources
4 lenders compete for your mortgage loan.
Mortgage Loans and financing. Mortgage Quotes.
Home Loan Quotes
trade up your gift cards
gift certificate exchange site
Check out these fashions.

© 2004 Expo Group Inc. All rights reserved.