Explore Your Loan Options
With Our Mortgage Calculators |
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Whether you're thinking about buying, refinancing,
or getting a home equity loan, these interactive
loan, debt, and financial calculators will help
you explore your loan options to make the right
home financing decision.
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| Bi-Weekly
Payment Calculator |
| This calculator shows you possible
savings by using an accelerated bi-weekly mortgage
payment. Bi-weekly payments accelerate your mortgage
payoff by paying 1/2 of your normal monthly payment
every two weeks. By the end of each year, you will
have paid the equivalent of 13 monthly payments
instead of 12. This simple technique can shave years
off your mortgage and save you thousands of dollars
in interest. Go now --> |
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| Monlthy
Payment Calculator |
| This is your basic loan calculator.
You supply the term, interest rate, and principal
and it will tell you how much you'd expect to pay
each month. Go now --> |
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| Budget
Percent Calculator |
| This calculator will compute
your recommended budget amounts for an income period
you enter. The suggested percentage guidelines are
based on net income compiled by Dave Ramsey, author
of Financial Peace (Viking, 1997). Go
now --> |
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| Debt
Consolidation Calculator |
| Should
you consolidate your debt? This calculator is designed
to help determine if debt consolidation is right
for you. Fill in your loan amounts, credit card
balances and other outstanding debt. You can then
see what your monthly payment would be with a consolidated
loan. Try adjusting your terms, loan types or rate
until you find a consolidation plan that fits your
needs - and most importantly your budget! Go
now --> |
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| Expense
Percentage Calculator |
| This calculator will
help you to determine what percentage of your income
you are currently spending on each of your various
expense categories (food, clothing, etc.). Simply
enter the income for the period you will be entering
expenses for (enter monthly income if you are entering
monthly expense amounts, annual income for annual
expense amounts, and so on), enter the name of each
expense category and their corresponding periodic
amounts - pressing the "Tab" key after
each entry. The percentage amount should automatically
fill-in. Go now --> |
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| Loan
Full Payment Calculator with Amortization Schedule |
| This calculator will compute
a loan's monthly payment amount based on the principal
amount borrowed, the length of the loan and the
annual interest rate. Then, once you have computed
the monthly payment you can also create and print
out the loan's amortization schedule. Go now --> |
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| Loan
Comparison Calculator |
| This calculator will not only
compute the payment amount and interest charges
on any given loan, but it will also allow you to
see what effect changing any of the four variables
has on the cost of the loan. Go now --> |
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| Missing
Loan-Term Calculator |
| If you know any 3 of a loan's
4 terms (principal, interest rate, payments remaining,
and payment amount), this calculator will help you
to find the missing term. For example, if you know
the interest rate, the payments remaining, and the
payment amount, this calculator will compute the
current payoff amount of the loan. Go now --> |
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| Mortgage
Payoff Goal Calculator |
| This calculator
will show you the additional monthly payment you
will need to make on your current mortgage in order
to pay if off within a specified number of years.
It will also show you how much interest you will
save if you make the calculated additional payment
each month, from now until your mortgage is paid
off. Go now --> |
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| Mortgage
Qualification Calculator |
| This calculator
will show you the additional monthly payment you
will need to make on your current mortgage in This
calculator was designed to allow you to see what
size mortgage you can afford based on comparing
your present financial condition to mortgage lending-industry
standards. Go now --> |
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| Mortgage
Refinancing Calculator |
| This 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. Go now --> |
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| Net
Worth Calculator |
| This calculator
was designed to help you to take a "snap-shot"
of your current financial condition Whereas an income
and expense statement shows you your financial picture
for a given period of time (month, year, etc.),
this Net Worth Calculator will show you your financial
picture at a single point in time (a specific date).
That way, if you compute your Net Worth now, and
then again 3 months from now, you will then be able
to tell whether your financial picture is improving
or getting worse. Go now --> |
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| Payment
Breakdown Calculator |
| This calculator
will help you to determine the principal and interest
breakdown on a loan's given payment number. Simply
enter the loan's original terms (principal, interest
rate, number of payments, and monthly payment amount)
and the payment you want broken down. Go now --> |
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| Rent
vs. Buy Financial Calculator |
| Should you rent
or should you buy your home? It takes more than
looking at your mortgage payment to answer this
question. This calculator helps you weed through
the fees, taxes, and monthly payments to help you
make a good financial decision. Go now --> |
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| If there is ever anything that we can
do to help you along, please email us at help@americanmtg.com |
Mortgage
Calculators
