The details of the average home mortgage are difficult to understand. Whether it's the term, down payment, mortgage insurance, points, interest rate...every time we change one element of a home mortgage, we change the cost.
Instead of being a pest to the banks you're considering for your mortgage, you can do all the "what-ifs" you want on this free mortgage calculator to determine what kind of mortgage is right for you. It's also very handy in comparing the different mortgage offers you get from different banks, or to plan for a second or refinance offer. Take some time and plug the numbers in...you'll be amazed at the information you get back.
This free mortgage payment calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. |
Well, hopefully, you've gotten enough to really shop for the right mortgage and get the best deal. With the many possible pitfalls and the size of the commitment for a home mortgage, it sure wouldn't hurt to have help from someone who knows everything...not me...God. I confer with God on every step of every major financial move in my life. I know He's pulled my fat out of the fire many times. If you want His help on your home mortgage decision, click on God Help Me.
Family Finances
Budgeting
Finance Tips
Cancel Credit Christmas
Credit Card Debt Wipeout
Debt
Free Living Help
Debt Elimination Plan
Estate Planning
Gambling
Addiction
Home
Mortgage Basics
Investment-Low Risk
Job Interview Preparation
Job
Interview Tips Sheet
Job
Search Employment
Meaning Of Success
Mortgage Calculator-Free
Resume
Writing Tips
Reverse Home Mortgage
Self Employment Ideas
Shopping Addiction
What Career Is Right?
-----
Family Budget Help Forum
Personal Finance Software
Personal Finance Books
Job-Employment Books
Family Finance Resources
Family Life Today