Really thorough, simple to use mortgage calculator. Novice to pro will appreciate how it works. Roll over words for definitions. Very informative.
- Fixed and ARM mortgages;
- Tax Benefits;
- Insurance, taxes and other fees;
- Closing costs and amount due at closing;
- Buy vs. Rent;
- Expected future ARM rates;
- Private Mortgage Insurance;
- Extensive glossary of key terms
Calculate mortgage payments for a loan, or use other screens to calculate total cost of buying a home, plus monthly costs of ownership.