Estimates how large of a mortgage you can qualify for based on your income and debts.
Convertible Balloon Mortgage Calculator
These days 5/25 and 7/23 convertible balloon mortgages are getting more popular since they provide lower rates than conventional 30 year mortgages while still giving a fixed payment schedule for 5 or more years. The risk, of course, is what happens after the initial fixed period is over and you have the possibility of converting your loan. Here is a calculator to try to answer those questions.
How will prepaying change my loan?
This will either tell you how soon your loan will be paid off when you specify an additional monthly payment or it can tell you how much additional to pay each month in order to pay the loan off in "x" number of years.
Estimates how much income you'll need to qualify for a house based on the cost of the house, the down payment, the interest rate and the duration of the loan.
Mortgage Amortization Calculator
Figure out monthly payments and amortization of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.
Mortgage Payment Table
Generates a table of monthly payment amounts for a range of loan amounts and interest rates. This is a handy reference to have when you are shopping for a new home and the specific sales price and interest rates are not yet known.
Prepayment Mortgage Reduction
Calculates how the length of your mortgage will be reduced by paying an additional amount against the principal every month (or every two weeks).
Prepayment vs. Investment Scenarios
Estimates whether you'd be better off prepaying your mortgage or using that additional money to invest.