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Mortgage Calculators

When you're shopping for a home loan, you're sure to hear a lot of numbers being thrown around. Feeling confused by all the math? A home mortgage calculator will help you get a handle on your finances. There are several types of online mortgage calculators to choose from, and you may need more than one depending on what you're trying to figure out. For example, a mortgage principal payment calculator will help you understand your monthly payments based on the amount of money you borrow and the number of years you need to repay the loan. You can also experiment to see how varying interest rates affect your payment with a mortgage calculator that tallies principal and interest over time. A mortgage principal calculator may help you decide how much house you can afford based on what monthly payment you feel comfortable with. Once you get a sense of your payments and the overall price of your dream house, you can shop around for a loan by using mortgage comparison calculators. Go ahead and experiment by crunching the numbers for as many different scenarios as you like — the answers you get may help prepare you to make an informed financial decision.

Mortgage Calculators