MORTGAGE CALCULATORS(More Info)
List
Bringing interactive Mortgage Calculators online. (Press Release)
Basic Mortgage Calculators:
Standard Mortgage Calculator
Add Payments Calculator (New)
Add Pymts. Multi-Scenario
Compare Two Mortgages:
(T1) Mortgage Calculator
(T2) Mortgage Calculator
(T3) REFINANCE Calculator
Refinance Two Mortgages Into A Single Mortgage:
(T1) Mortgage Calculator
(T2) Mortgage Calculator
(T3) REFINANCE Calculator
Compare Two Mortgages Using Present Value (PV):
(T1) Mortgage Calculator
(T2) Mortgage Calculator
(T3) REFINANCE Calculator
Refinance Two Mortgages Into A Single Mortgage & Compare Using Present Value (PV):
(T1) Mortgage Calculator
(T2) Mortgage Calculator
(T3) REFINANCE Calculator
Other Mortgage Calculators:
Monthly Mortgage Schedule
Forecast Monthly Expenses
Mortgage Information:
Common Mortgage Questions
A Step By Step Approach To Mortgage Calculators:
Page 1, Page 2, Page 3, Page 4
Real Estate Information:
Real Estate Articles
Books ON Real Estate
If You Have A Website:
PLEASE LINK TO US

 
Our mortgage calculators will calculate your monthly mortgage payment or compare two amortizing loans. Our mortgage calculators will assist you in determine the benefit of refinancing your loan. Whether you are looking for current mortgage rates for a purchase or to refinance your current mortgage, it is always important to shop around for the most affordable and fitting solution. Try our real estate calculators or business calculators as well. What's new? Look at an amortizing loan and compare w/ and wo/ a fixed increase in the required monthly payment.

The big question is "Should I refinance?" The answer to this question is complex. There are both economic reasons and personal reasons to refinance an existing loan. This web site really focuses on analyzing the economic benefits.

Determining the economic benefits would depend on many factors, i.e. 1) what is the rate on your existing loan, 2) what is the current rate at which you can refinance, 3) what will it cost you to refinance, 4) how long do you expect to hold the property hence hold the loan, and 5) what is the time value of money.

To the left are a list of mortgage calculators. (T1) will not adjust for how long you expect to live in the home and will not adjust for the refinancing of an existing loan which has been significantly paid down. (T3) will allow you to account for these other two variables. The list includes some additional loan calculators that will allow you to adjust for (PV) or the present value of the difference in the cash flows. The seperation of these variables 1) allows the user the ability to focus on how each of the above variables (factors) may affect the potential economic benefit of refinancing an existing loan, and 2) guides the user step by step through the process of understanding the application of these variables (factors). If you need to know more, click here to continue reading on the next page. There are 30 year, 25 year, 20 year, 15 year, 10 year amortization schedules available with our mortgage loan calculators.

T1 (Type 1) represents NO adjustment for 1) how long you expect to live in the property and 2) the refinancing of an existing loan which has been significantly paid down.
T2
(Type 2) allows for an adjustment for how long you expect to live in a property.
T3 (Type 3) allows for an adjustment for refinancing an existing loan which has been significantly paid down.
PV
(Present Value) makes use of the present value of future cash flows.
Note: All of the above could significantly effect a person's decision to refinance.

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