Financial Tools

The calculator tools below are provided free for your use on our web site. We hope that you find this service to be a helpful resource.

•   Payment Calculator
•   Refinancing Calculator
•   Loan Comparison Calculator


Payment Calculator
 
This calculator calculates U.S. monthly mortgage payments based on principal, interest and term. U.S. mortgages are compounded monthly.

Amortization (Years)

Down payment ($)

Term (Years)

Mortgage Principal ($)

Yearly (%)

Monthly Payment ($)

Principal Amount ($)

Owe at End of Term ($)

Down payment (%)

   


Refinancing Calculator

This JavaScript calculator will help you to decide whether or not you should refinance your current mortgage at a lower interest rate. Not only will this calculator calculate the monthly payment and net interest savings, but it will also calculate how many months it will take to break even on the closing costs.

Principal balance of your mortgage:
Amount of your monthly mortgage payment: (P & I)
Your mortgage's current interest rate:
Interest rate you will be refinancing at:
Number of years you will be refinancing for:
Closing costs that will be required for refinancing:
Your monthly payment will be if you refinance:
Monthly Savings:
Break Even (in months)
Current mortgage interest expense:
New mortgage interest expense:
You will save if you refinance:
Net Refinancing Savings

Copyright © 1997-2006 Web Winder Site Traffic Magnets. All rights reserved.

Loan Comparison Calculator
This calculator will help you to compare the total interest charges of four different loans.

Instructions: To calculate the payment amount and the total interest of any fixed term loan, simply fill in the 3 left-hand cells of the first row and then click on "compute." Use the other three rows to see what effects are produced by changing any one of the loan's original variables.
# of
Payments		 Interest
Rate		 Principal Monthly
payment		 Total
Interest
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Copyright © 2007. All rights reserved.