Most Popular Mortgage Calculators
Calculator to determine your available credit limitation
Using this calculator, you can calculate the credit limit available to you at different percentages of the appraised value. The available credit limit will depend upon the maximum loan amount available and the amount already paid off.Determine your interest savings through Refinance
How much you will save in total interest and monthly payment when you refinance at a lower rate?Determine your tax savings due to deduction
You can calculate the tax savings due to deduction on your mortgage interest and property tax payments, this is a nice online mortgage calculator.Extra mortgage payment calculator
Help you calculate how much you'll save by making extra payments towards the principal loan amount.
Latest Mortgage Related Articles
How Much Is Your Home Worth Today?
What’s your home worth today? That’s a key question if you’re looking to refinance your mortgage or take out a home equity loan.
Take Advantage of Energy Tax Credits Before it’s too Late
If you’ve caught the home improvement bug, but have been putting it off until the economy recovers, it may be time to take action. There are many tax credits that expire at the end of 2010, so if you procrastinate, you may lose out on juicy rebates for the greening of your personal environment.
Tags: credit card, Energy Tax Credits, HELOC
What is HELOC?
home equity line of credit (HELOC)
Tags: HELOC, home equity line of credit
Know your HELOC and Handling a HELOC Freeze
The mortgage crisis and subsequent tightening of credit by lenders has made tapping home equity more challenging. People who took out a home equity line of credit (HELOC) before the crisis occurred have been thanking their lucky stars that they still have access to funds, especially if they lost their jobs, had emergency medical expenses, or experienced a reduction in the value of their portfolios. Unfortunately, some banks started to freeze those credit lines, making that last lifeline unavailable to those who needed it most.
Tags: HELOC, home equity line of credit
How to Protect Yourself from HELOC Disaster
Sometimes, something that you think is safe can turn into something quite dangerous. Like golfing, one of the safest sports known to man. Or is it? A golfer in California recently hit a routine stroke. The ball hit a rock and actually started a fire, which enflamed 25 acres and required 150 firefighters to tame it. While a home equity line of credit (HELOC) seems potentially less harmful than a golf ball, the results could also be explosive if you use it incorrectly. Here are four ways to avoid being burned by your HELOC.
Tags: adjustable rate, HELOC
What will your monthly mortgage payment be?
What will your monthly mortgage loan payment be? Use this online mortgage calculator:
A house is the largest purchase most of us will ever make so it’s important to calculate what your monthly payment will be and how much you can afford. The free online mortgage calculators will show you how much your monthly payment will be. It can also show the effect of adding extra payments.
Buying or renting and how much can I save?Which is better?
This buying or renting mortgage calculator help calculate and compare.
How to prepare yourself while applying for mortgage?
 Posted: Fri Jan 06, 2006 9:39 pm Post subject: How to prepare yourself while applying for mortgage |
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| As a borrower, everyone likes to get the best deal and have the loan application process completed without any delay. If you can locate an efficient lender or broker then you may not come across any problem in your transaction. But you should be able to judge the services of the lender or broker. While you can avail the services of the best lender, it is also your responsibility to make the process smooth and fast from your end.
Tags: mortgage Should You Always Avoid Prepayment Penalties?Prepayment penalties, also known as cancellation fees, are one of the classic pitfalls that await the unwary borrower. All too often, a homeowner selling or refinancing their home has been stunned to discover that they first have to pay a penalty of several thousand dollars to get out of their current mortgage. A prepayment penalty is a fee assessed for paying off part or all of your mortgage ahead of schedule. Often, borrowers aren’t even aware their mortgage has one until they trigger its provisions – although required to be disclosed by law, they often get lost in the stacks of papers that need to be signed at closing. simple steps to prepare yourself for the loan application processAs a borrower, everyone likes to get the best deal and have the loan application process completed without any delay. If you can locate an efficient lender or broker then you may not come across any problem in your transaction. But you should be able to judge the services of the lender or broker. While you can avail the services of the best lender, it is also your responsibility to make the process smooth and fast from your end. Mortgage AmortizationMortgage amortization is essentially a loan repayment plan or schedule. It facilitates the removal of the debt burden of the borrower over a certain fixed period of time by making monthly/periodic payments. The payments made through regular, periodic installments comprise of the monthly interest (including accrued interest on the outstanding debt) and a chunk of the principal balance i.e. a portion reducing the outstanding amount of the actual debt. The amount of monthly (periodic) payments remains the same over the life of the loan. Tags: Mortgage amortization    | |