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About the application:

The #1 gratis mortgage calculator! Easily determine monthly payments, interest, PI & amortization schedule. Compare versus previous calculations & think about various loan terms with various home values with various down payments. This mortgage calculator makes it very fast and simple to switch out values and look at the changes instantaneously. The output is a slick amortization schedule that can be used to view the principal and interest breakdown as it changes over the life of the home loan. All relevant data is included covering home value, down payment, loan amount, interest rate, loan term, tax, insurance, pmi & amortization schedule breakdown. Determine what you can afford, what is realistic, and what makes smart financial sense for investments. Hold this mortgage calculator handy to see what adds up and what doesn't. Is a 30 year loan the best fit? Paying it off in 5-20 years allows for less cash spent on interest and a paid off house earlier in life. Although, if you're making a healthy profit on investment properties in a particular shop it may create sense to take out longer term loans and receive more properties. Also, when bi-weekly payments are created the interest goes down considerably as well. The interest calculation shows the savings you can receive by making bi-weekly payments. The mortgage process can be overwhelming, use our mortgage calculator to grab keep of the home loan process and be a home buying champion! Explore your options. Build your future. Use a helpful program to receive you there! mortgage calculator, interest calculator, amortization schedule, interest rate calculation, payments, PITI, principal interest taxes & insurance