Pay Off Mortgage Early Calculator

Calculate the PMI Before Buying

admin — Thu, 20 Mar 2008 05:29:56 +0000

Remember to always use a mortgage calculator before buying a home. Fees, closing costs, and PMI can often render a house unfordable, even when the payments are low.

Buy a HUD home for only $5000

admin — Thu, 20 Mar 2008 05:29:31 +0000

The housing crash has certainly caused Detroit to suffer, with homes falling below $5000. Could this be the low point, or will things get worse? A cheap home tends to carry with it a fairly affordable mortgage.

Buying Your First House with a mortgage you can afford to payoff.

admin — Tue, 18 Mar 2008 05:29:56 +0000

Buying a home for the first time can be terrifying. Often, one finds themselves overwhelmed by terms, rates, and incompetent professionals. Arming yourself with knowledge can be an invaluable form of preparation for your housing purchase.

Check out these tutorials on Real Estate!

Interest Only Mortgage Payment Calculator

admin — Mon, 10 Mar 2008 08:01:11 +0000

Considering an interest only mortgage loan? Use this calculator to find your monthly payment.

Be sure to check out our other calculators, interest only loans often offer negligible discounts monthly in return for a larger overall payment.

Bi Weekly Mortgage Calculator

admin — Sun, 09 Mar 2008 07:53:38 +0000

Making Bi-Weekly Payments to your mortgage, rather than monthly payments will result in one extra payment a year. This often translates to a mortgage fully paid off five to seven years early. Use our biweekly mortgage calculator to determine how large your savings can be.

If your lender doesn’t allow you to payoff your mortgage early with biweekly payments, consider taking out a heloc loan.

Mortgage Tax Deduction Calculator

admin — Sat, 08 Mar 2008 07:32:39 +0000

Did you know that paying extra towards your mortgage could actually increase the taxes you pay? Mortgage interest is tax deductible. Use our tax calculator to determine the deductions you can take from your mortgage.

It’s worth mentioning that Credit Card interest payments are not tax deductible, but HELOC loan payments are. Learn more about home equity lines here.

Refinance Calculator

admin — Thu, 06 Mar 2008 07:43:03 +0000

Before refinancing, make sure you’ll actually be saving money. Use our refinancing calculator to determine whether the new rate justifies the closing costs you’ll pay.

Always shop around, and check a variety of lenders before committing, or even giving your social security information. Get the rate you want first.

Mortgage Discount Point Calculator

admin — Tue, 04 Mar 2008 07:29:43 +0000

The average American moves every seven years. Calculate whether discount points are a good deal for your situation.

Often, if you’ve paid points to lock in a good rate, it can be beneficial to keep your house and rent it out rather than selling when you move.

How Much Mortgage Can You Afford?

admin — Mon, 03 Mar 2008 07:26:07 +0000

Wondering what kind of a house you can qualify to buy? While there are plenty of options for homes in Pennsylvania with $100 downpayments, you may need a bit more to qualify to buy that dream home.

Our calculator will determine how much house you can afford to buy.

Mortgage Debt To Income Calculator

admin — Sun, 02 Mar 2008 07:24:00 +0000

Most lenders require that your mortgage payment not exceed one third of your earnings. Use our calculator to determine whether your income qualifies you for a mortgage.

If you don’t have sufficient earnings, don’t fret. There are plenty of lenders that will be willing to work with you.