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

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