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Carol Ray
Relocation Specialist, Short Sales and Fenton Lakes Specialist, Fenton Area, Linden, Lake Fenton, Grand Blanc, Holly, Swartz Creek, Hartland |
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 810-629-9612 |  |  |
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| 810-629-9612 |
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Money-saving financial calculators for home
buyers.
The interest rates and payments
are estimates and are not guaranteed until you submit an application and
the interest rate is officially underwritten by a mortgage company. Also,
Payment calculators do not include Private Mortgage Insurance. PMI could
be required by some Mortgage Companies based upon the mortgage amount
requested. |
- Simple Loan
Payment Calculator
Enter the
values of your loan payment to calculate your monthly payments.
- How Much
House Can You Afford?
Submit some
values below and find out for yourself.
- Mortgage
Qualification Calculator
The calculator will try to calculate what kind of
income lenders will expect you to be making to qualify for the specific
values.
- Renting
vs. Buying
This form allows you to compare renting versus
buying by submitting how much you want to spend a month and how much down
you would put into your house.
- APR - How Much
Does That Loan Really Cost?
Enter the
interest rate of your loan, the points and costs and the loan amount. It
figures the rest.
- Convertible
Balloon Mortgage Calculator
These days
5/25 and 7/23 convertible balloon mortgages are getting more popular since
they provide lower rates than conventional 30 year mortgages while still
giving a fixed payment schedule for 5 or more years. The risk, of course,
is what happens after the initial fixed period is over and you have the
possibility of converting your loan. Here is a calculator to try to answer
those questions.
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Money-saving financial calculators for home
sellers. |
- Prepayment
Mortgage Reduction Calculator
This form
allows you to see how prepaying your mortgage reduces the length of your
mortgage by putting in the current values for your loan.
- How Long Will It
Take For My Loan Be Paid Off?
Here is a
new twist on the mortgage calculator. Here you tell how much you want to
spend each month, an interest rate and a loan amount, and the computer
tells you how long it will take you to pay it off!
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