MORTGAGE CALULATORS AT YOUR SERVICE
So many choices when you search “mortgage calculators”, how do you know which is the best to use? Are they all the same? Which one is right for me? MHQ Mortgage Headquarters Mortgage Calculators has you completely covered with every type of calculator you could possibly need when thinking about mortgages or home buying. Understanding what each mortgage calculator computes for you is also imperative in the mortgage industry.
Numbers do not lie, but they are also only as good as the information you put into them. And ensuring you click on the correct calculator for your needs to generate the best possible solution for your personal question. Let’s take a look at each one and how it could possibly help you.
Rates and Payments Research
Monthly Payment - Calculate your payment and amortization schedule.
Compare Terms - Compare multiple terms for a given principal and rate. For example, see the difference between a 15 year and a 30 year mortgage.
Compare Rates - See how changes in your rate affect your payment for a given principal and term.
Mortgage APR - Find the APR on a fixed rate mortgage.
Balloon Payment - A balloon mortgage can reduce your monthly payments but may require refinancing at the end of the term.
Interest Only - Compare monthly payment amounts for an interest-only mortgage and a principal-interest mortgage.
Adjustable Rate Mortgages - Determine monthly payments and the effective interest rate (APR) for an ARM.
Budgeting Decision Tools
Mortgage Qualifier - Find out if you qualify for a given mortgage and just much you can afford, then create an amortization schedule.
Payment Range - Plug in a high and low figure for a payment and see how it translates to a mortgage.
Mortgage Payoff - Save thousands of dollars in interest by increasing your monthly mortgage payment.
Bi-weekly Payments - Discover how much in interest 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.
Mortgage Tax Savings - Estimate the tax savings you'll realize by deducting interest and property tax payments.
Analysis For Renters
Tax Savings for Renters - Find out how much someone currently renting can save in taxes this year if they decide to purchase a home.
Rent vs. Buy - Factor in things such as interest, property taxes, tax savings, appreciation, opportunity costs, closing costs, and selling costs to see the real difference in renting versus buying.
Renter Affordability - Based on your current rent, find out how much of a mortgage you could afford.
Refinancing
Refinance Savings and Break-even - Should you refinance your mortgage? Use this calculator to determine what your new payment will be, how much you'll save in interest and when you will break even.
Consolidate and Refinance - Should you consolidate a first and second mortgage into a single mortgage?
Navigating the loan process, home buying or wondering what the best decision for you and your family is never easy and has its challenges. The loan professionals at MHQ Mortgage Headquarters are here to help you with all of your questions. Even if it takes several phone calls or meetings for you to feel completely comfortable with one of the biggest decisions you will make for your household.
No need to sit and wonder or feel uncomfortable about the questions you have. Every question is important to MHQ Mortgage Headquarters and we want you to feel confident in your decision. With our team of experts, we are sure to have an answer for all your questions. If not, we have a knowledge support staff we can reach out to as well.
Click, call or stop into our office and speak to one of our Mortgage Loan professionals and find the peace of mind you are looking for.
So many choices when you search “mortgage calculators”, how do you know which is the best to use? Are they all the same? Which one is right for me? MHQ Mortgage Headquarters Mortgage Calculators has you completely covered with every type of calculator you could possibly need when thinking about mortgages or home buying. Understanding what each mortgage calculator computes for you is also imperative in the mortgage industry.
Numbers do not lie, but they are also only as good as the information you put into them. And ensuring you click on the correct calculator for your needs to generate the best possible solution for your personal question. Let’s take a look at each one and how it could possibly help you.
Rates and Payments Research
Monthly Payment - Calculate your payment and amortization schedule.
Compare Terms - Compare multiple terms for a given principal and rate. For example, see the difference between a 15 year and a 30 year mortgage.
Compare Rates - See how changes in your rate affect your payment for a given principal and term.
Mortgage APR - Find the APR on a fixed rate mortgage.
Balloon Payment - A balloon mortgage can reduce your monthly payments but may require refinancing at the end of the term.
Interest Only - Compare monthly payment amounts for an interest-only mortgage and a principal-interest mortgage.
Adjustable Rate Mortgages - Determine monthly payments and the effective interest rate (APR) for an ARM.
Budgeting Decision Tools
Mortgage Qualifier - Find out if you qualify for a given mortgage and just much you can afford, then create an amortization schedule.
Payment Range - Plug in a high and low figure for a payment and see how it translates to a mortgage.
Mortgage Payoff - Save thousands of dollars in interest by increasing your monthly mortgage payment.
Bi-weekly Payments - Discover how much in interest 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.
Mortgage Tax Savings - Estimate the tax savings you'll realize by deducting interest and property tax payments.
Analysis For Renters
Tax Savings for Renters - Find out how much someone currently renting can save in taxes this year if they decide to purchase a home.
Rent vs. Buy - Factor in things such as interest, property taxes, tax savings, appreciation, opportunity costs, closing costs, and selling costs to see the real difference in renting versus buying.
Renter Affordability - Based on your current rent, find out how much of a mortgage you could afford.
Refinancing
Refinance Savings and Break-even - Should you refinance your mortgage? Use this calculator to determine what your new payment will be, how much you'll save in interest and when you will break even.
Consolidate and Refinance - Should you consolidate a first and second mortgage into a single mortgage?
Navigating the loan process, home buying or wondering what the best decision for you and your family is never easy and has its challenges. The loan professionals at MHQ Mortgage Headquarters are here to help you with all of your questions. Even if it takes several phone calls or meetings for you to feel completely comfortable with one of the biggest decisions you will make for your household.
No need to sit and wonder or feel uncomfortable about the questions you have. Every question is important to MHQ Mortgage Headquarters and we want you to feel confident in your decision. With our team of experts, we are sure to have an answer for all your questions. If not, we have a knowledge support staff we can reach out to as well.
Click, call or stop into our office and speak to one of our Mortgage Loan professionals and find the peace of mind you are looking for.
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