Mortgage Calculators
The following online mortgage calculators serve as helpful tools during the mortgage process. These mortgage calculators are very helpful and will give you some guidance as to the affordability of your home purchase or perhaps the savings you may receive by refinancing. If you don’t see a particular mortgage calculator or have an idea for one, contact Bill Burress. Contact Bill Burress for additional information on your purchase loan or refinance. His contact information is: Toll Free 866-304-4414; email [email protected]
Mortgage Calculator – Payment/Amortization Calculator
Calculate your monthly payment and see how the principal is paid over time.
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Mortgage Calculator – Rent vs. Own
Calculate the difference between renting and buying a home.
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Mortgage Calculator – Annual Percentage Rate (APR) Calculator
Calculate the APR for fixed-rate or adjustable-rate loans.
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Mortgage Calculator – Debt Consolidation Calculator
Determine if you can consolidate your debt by combining it with your home mortgage.
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Mortgage Calculator – Prepayment Savings Calculator
Find out how soon you can pay off your mortgage by making a prepayment.
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Mortgage Calculator – Early Payoff Calculator
Determine the additional monthly payment amount needed to pay off the loan sooner.
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Mortgage Calculator – Refinance Break-Even Point Calculator
Find out how long it will take to “break-even” on a refinanced loan.
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Mortgage Calculator – Savings Calculator
Determine the estimated tax savings with a new loan.
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The information provided by these calculators is for illustrative purposes only. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. The calculated results are intended for illustrative purposes only and accuracy is not guaranteed.
More Mortgage Info on Bill Burress’ Blog: North America Real Estate News Blog