To compute payments, the Internet-based mortgage calculators at Bankrate, Discover and Bank of America require users to input data on interest rates, purchase prices, payment periods and down payments, according to the r... More »

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Use an online mortgage affordability calculator to determine how much financing you can afford, according to Bankrate. Enter your total monthly income and the information about the home purchase such as the down payment,... More »

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A homeowner gets a second mortgage from the same company that provided him with his first mortgage, or he goes with another lender, notes Zillow. It's best that borrowers get quotes from various lenders and compare fees ... More »

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Mortgage calculators found on the Internet are generally reliable and accurate for determining the principal and interest portion on a monthly mortgage payment. However, because P&I is just one of several parts of the mo... More »

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Online mortgage payment calculators require the mortgage amount, term, annual interest rate and start date, according to Bankrate. Mortgage payment calculators help home buyers estimate their monthly payments and determi... More »

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The wisdom of paying off a mortgage depends on an individual's personal situation as well as unknowable future events, such as the movement of interest rates and stock prices. A balanced approach is best, and it is alway... More »

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Free amortization software, online amortization schedule calculators or simple spreadsheet programs easily recalculate principal and interest to demonstrate how additional payments impact the duration of the loan and the... More »

www.reference.com Business & Finance Credit & Lending