Morgage Calculator
This is a free Morgage Calculator to help you find the real cost of a home mortgage with detailed interest payment report
Below, you'll find not only the morgage calculator which also doubles as a loan calculator. The mortgage calculator can be used for a number of purposes, including figuring the interest paid on a home loan, a car, boat and just about anything other type of loan.
Another nice feature of the mortgage calculator is the ability to recieve a detailed printout of payments and interest for the life of the loan.
I designed this mortgage calculator many years ago for a family member's real estate website and decided to put it up here. The morgage calculator focuses in on the TRUE amount of interest you'll be paying over the years, rather than clouded amounts that you'll find on a mortgage lenders website.
You also find unbiased results where some online mortgage calculators guide you to buying a certain type of home loan - in fact, we have written a nice, concise guide to help you understand the HELOC, short for Home Equity Line of Credit. It is well worth the read and just may end up saving you a lot of time!
Morgage Calculators
This morgage calculator can also be used for home owners selling thier own property and which to provide the buyer with a detailed interest payment sheet.
There are a lot of interest payment tools found on the web and to prevent any copyright problems with other online mortgage calculators, we named ours the 'Morgage Calculator' . I know it is not the proper spelling, but it does the trick and allows up to provide you with this free service.
Mortgage Payment Calculator
If you have any questions, comments or concerns about this free mortgage calculator, please don't hesitate to contact me.
Every attempt has been made to make sure the mortgage calculator is correct and we have performed extensive testing to verify this, however, we can not garantee 100% accuracy.