Mortgage Tools
Mortgage Calculator
This calculator is designed to do three things: 1) calculate a simple monthly payment; 2) figure the effects of prepaying your mortgage; and 3) analyze the composition of your monthly payments in the future. The latter is particularly helpful in projecting your mortgage-interest tax write-off in future years. The graph will show you either how your equity builds over time or how interest declines as a percentage of your monthly payment.
Home-Buying Worksheet |
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