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Real Estate Calculators

Adding an extra yearly payment can shorten your mortgage term up to ten years. Extra payments can also significantly lower your interest payments. A real estate calculator can give an estimate on the savings extra yearly payments will create, helping you decide whether or not such payments would be worthwhile. However, it is possible that your mortgage may have prepayment penalties that will cause you to be fined if your mortgage is repaid early. If you think extra yearly payments would be beneficial, contact your lender to make sure there are no prepayment penalties or to add extra payments into your mortgage plan.

Real estate calculators provide you with a table showing the breakdown of your monthly payments. A percentage will go to interest and the remainder will be put to the principal balance, or the original amount of the loan. The table shows that in the beginning of your repayment schedule, most of your monthly payment is paid to interest and a lesser amount to principal. Year by year the amount paid to interest will lessen until almost all of the payment is of your principal balance. It is important to understand how interest and your interest rate will effect your loan and a real estate calculator will help you gain a realistic perspective.

Real estate calculators can help you understand more about mortgages and the amortization of mortgages. Use our real estate calculator to plan your mortgage or fill out our free short form to contact up to four lenders about your new home.

If you are in the market for a new home, a real estate calculator may give you valuable information to use when making decisions about the mortgage you will need to finance such a large purchase. A real estate calculator will give you an estimated monthly payment, along with a schedule showing interest and principal payments. A calculator can also give you estimates on the amount of interest you will pay yearly and in total. Use our real estate calculator to explore mortgage terms or fill out our free short form to contact up to four lenders about your new mortgage.


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Calculators on our website provide a variety of real estate mortgage calculations such as refinancing, debt consolidation and mortgage payment calculations… Online mortgage calculations are great for doing estimates of how new loans will affect your finances. Figure out your monthly payment on your new loan, then apply online for as many as four rate quotes on your new loan… 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…
Second mortgages are tax deductible loans that rely upon the equity you have in your first mortgage to give you borrower credibility that determines your interest rate. A second mortgage works similar to a home equity line of credit except you get all of the money at once… A construction loan requires a qualified professional to help you get the best rate on your loan. Whether it’s for construction on an office or your home..

Three kinds of payment calculators are offered as a free service on our site. You can estimate your monthly payments, determine if it is the right time to refinance, or use our debt consolidation calculator…

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