Interest-Only Mortgage Comparison Calculator

Help me compare interest-only mortgages with different terms. Calculate and compare (formatted side by side) the payment amounts for up to 4 interest-only mortgage loans. Enter your sale price, any down payment you’re making, the interest rates and the lengths for the interest-only and amortized periods for each loan. This calculator will then show you … Read more

Mortgage Refinance Comparison Calculator

Help me compare mortgage refinances with different terms. Calculate and compare (formatted side by side) up to 4 mortgage refinance loans to help determine if you should refinance your mortgage. Enter your current mortgage principal and interest payment, your current mortgage balance, the new interest rate, term of the refinanced loan, points and closing costs. … Read more

Adjustable Rate Mortgage (A.R.M.) Calculator

Adjustable-Rate-Mortgage

Having a well-designed calculator can help accurately generate monthly payments for an adjustable-rate mortgage (A.R.M.) loan. Typically an ARM will have a lower interest rate as compared to fixed-rate mortgages. This is attractive for planning to own a home for a short period, expecting future income increases, or when fixed-rate mortgage interest rates are high. … Read more