Calculators

• Mortgage Payment Calculator
  Displays your mortgage payment and amortization schedule for the term of your loan.
• Monthly Mortgage Payment Calculator
  Calculates how much interest you save by prepaying the principal on your loan.
• Interest Only Payment Calculator
  Computes the monthly savings for an Interest Only payment loan. What is an Interest Only Loan?
• Payment Option ARM Calculator
  Shows you the monthly payments for an Option ARM, also called a Negative Amortized ARM loan. What is an Option ARM Loan?

• Rent Vs. Buy Calculator
  Allows you to compare the costs of renting a residence versus buying a home.
• Mortgage Qualification Calculator
  Calculates the maximum purchase price.

• Refinance Calculator
  Helps you determine if you will benefit by refinancing.
• Debt Consolidation Calculator
  Shows you how a refinance can reduce your monthly payments.

• Credit Grade Calculator
  Helps you determine your credit rating.

Mortgage Resource Centers

• Refinancing can be a very good option to get out of high interest debts and acquire cash to repair your home. You need to identify your financial goals and then start shopping for the loan program that will allow you to save on your monthly payments. For more information visit mortgagefit.com.