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February 20, 2005
Mortage Calculators Galore!
This blog has great resources for mortgages. You can find the links for each of the calculators by clicking on the link above.
Mortgage Payment Calculator
This calculator figures your monthly mortgage payment based on the loan amount, interest rate and length of the loan.Mortgage Principal Calculator
This calculator figures the principal balance remaining after certain number of years of payment.Mortgage Length Calculator
This calculator figures the length of your mortgage depending on your monthly payment.How much can I afford?
This calculator figures how much you can afford based on your your income, debt & other factors.Tax Benefits of Buying A Home
This calculator estimates the tax benefit of buying a home.Should I buy or rent ?
This calculator analyzes the total cost to rent versus the total cost to own.Should I Pay Points for a Lower Interest Rate?
This calculator figures the breakeven point for the points to be paid.Should I Consolidate Debt into a Home Equity Loan?
Find the length for paying off a consolidation loan if you make a payment equal to your total monthly payments before consolidating.How much Income do I need to qualify?
This calculator figures out how much income you need to qualify for your desired home.Loan Amortization Calculator
This calculator will amortize your mortgage over the loan period and based on the interest rate.Should I Refinance?
Based on your current and calculated mortgage payments, this calculator figures your monthly savings if you want to refinance your mortgage.What is the APR for this Loan?
This calculator estimates the Annual Percentage Rate (APR) for a given loan based on its parameters.What is the APR for this ARM Loan?
This calculator estimates the Annual Percentage Rate (APR) for a given ARM loan.What will my ARM Loan Payment Be?
This calculator estimates the initial payments as well as the future payments for an ARM mortgage.Canadian Mortgage Payment
This calculator figures your monthly payment based on your input - conventional mortgage financing compounded semi-annually.Which Loan is Better?
This simple calculator calculates difference between your monthly payment based on your input.Standard vs Bi-Weekly
This calculator performs a comparison between loans with monthly vs. bi-weekly loan payments.Pre-Qualify: How much do I qualify for?
This calculator figures out how much of a mortgage loan you can qualify for.Interest Only Calculator
This calculator will show an actual period of interest only payments over that period based on your loan parameters.
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Posted on February 20, 2005 09:59 PM by Mortga79.
Filed in Mortgage Calculator under mortgage calculator.
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Comments
This site is unusually helpful on the topic of loan modifications, since other information online (in many cases direct from the U.S. Treasury and related websites) is on-point but still either biased towards hyper-technical readings of the Plan or a watered-down version intended for an uneducated public. I also found a site HomeAffordPlan.com which seems to bridge the gap. HomeAffordPlan.com’s calculator is superior to the Treasury Dept’s calculator on their new consumer website. Difference I noted were:
1) The government calculator does not give an analysis based on the persons specific financial situation. The calculator at homeaffordplan does, and does so for free without asking for identifying information.
2) The government calculator does not mention the incentives available to the borrower of the $1500 payment and a $5000 reduction in principal.
3) homeaffordplan results alert users if they will be required to undergo credit counseling in order to participate in the program.
Hope this helps anyone who should benefit from the Plan.
Posted by: Gillian G. at March 24, 2009 03:53 PM
How Much Can I Afford?This calculator helps you identify how much you are able to afford when you are searching for a home.
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Watson
Home Loans
Posted by: Watson at February 21, 2009 01:52 AM
