Free Mortgage Calculators

The links below redirect to helpful mortgage calculators you may use to assist in your mortgage selection process.  Make sure you look at the current mortgage rate index to check the current mortgage intrest rates.

• Mortgage Payment Calculator - calculates a straight mortgage payment based on house price, down payment amount, mortgage interest rate and mortgage term in years.  The calculator returns the paid principal amount over the term of the loan and the required monthly payment amount.
  
  
• Refinance A Home Mortgage Payment Calculator - this calculator will help you decide whether or not you should refinance your mortgage at a lower interest rate.  The monthly payment and net interest savings are calculated as well as how many months it will take to break even on closing costs.
  
  
• Bi-weekly Mortgage Payment Calculator - this calculator will show you how much you will save if you make 1/2 of your mortgage payment every two weeks instead of making a full mortgage payment once a month. In effect, you will be making one extra mortgage payment per year--without hardly noticing the additional cash outflow. But, as your about to discover, you will certainly notice the increased cash flow that will occur when you pay your mortgage off way ahead of schedule!