LoanA Loan is an amount of money that is lent to a borrower, who agrees to repay it plus interestInterest is money charged for the use of borrowed funds. Usually expressed as an interest rate, it is the percentage of the total loan charged annually for the use of the funds.. Calculator
This home loan calculator lets you determine the mortgageA Mortgage is a document granting a lien on a home in exchange for financing granted by a lender. The mortgage is the means by which the lender secures the loan and has the ability to foreclose on the home. payment for a hypothetical loan based on the loan criteria you specify.
This useful calculator helps you determine if it’s a good time to refinance your home.
AmortizationAmortization is a payment plan which enables the borrower to repay his debt gradually through monthly payments of principalPrincipal is the amount of money you borrow if you're getting a home loan. If you're buying a bond, the principal is the amount you're lending. Typically, you'll buy bonds with a face value of ,000. If you buy a ,000 bond, your principal is ,000. and interest. Amortization tables allow you to see exactly how much you would pay each month in interest and how much you repay in principal, depending on the amount of money borrowed at a specific interest rate. Schedule
This amortization calculator creates amortization schedules for you. Enter your mortgage terms, and the calculator will amortize the loan for you, defining the amount of principle and interest for every mortgage payment through the term of the loan.
A buydown is a loan that begins at a rate below the existing market rate and then rises, usually every year, at a predetermined amount. This mortgage calculator calculates your savings from participating in a temporary interest rate buydown program. You can compare your cost to participate in the program with your total savings.
Rent vs Buy Calculator
This mortgage calculator compares the costs of owning a house to the cost of renting. You can use this personal finance calculator to determine how much money you may be losing by continuing to rent.
Debt Consolidation Calculator
This calculator helps you to determine whether or not you should consolidate your debt.
Mortgage Qualifier Calculator
This mortgage calculator gives you a preview of how lenders might view your credit. You can determine if you will likely qualify for a home loan, and if so, how much you can borrow.
Closing Costs Calculator
This calculator will help you understand the costs and fees that are due at the time that you close your home loan.