#MortgageCalculators ~ FREE Home Financing Calculators & More!
As a mom of two young adults heading out into the world trying to find their place and more importantly their own space, its very imperative that they do their due diligence and research the best options for them. Home finance and money topic sites that offer the average person budget resources, rental calculators, mortgage calculators and other tips and resources give them a great starting base for information related to financial markets and interest rates.
My first impression when visiting MortgageCalculators.info, is that it offers a one site stop without being bombarded with other unrelated information to overwhelm you, when your most likely in a state of mind where you want the needed information without all the attention grabbing, off topic pop ups and advertising.
Without even needing to scroll down you already see a list of basic mortgage calculators that include monthly payments, minimum income, loan limits and even your DTI. DTI meaning debt to income ratio, which I learned from their site!
One of my favorite features MortgageCalculators.info offers is definitions and explanations of terms and acronyms. A newbie home buyer and even some seasoned realtors are not familiar with all the terminology used in the financial markets and these calculators not only offer easy to follow answers, but also understanding and knowledge to help them be prepared for the buyers market.
UK Mortgage Calculator ~ Canada Mortgage Calculator
They also offer advanced calculators related to home value, principal, interest rate, loan term, start date, property tax, HOA dues, homeowner’s insurance and so much more!
This mortgage calculator site has an extensive list of money saving calculators to help you understand your finances more and perhaps help start a budget or maintain one with a goal to enter the rental or buyers market!
Using other financial sites to follow along the market trends such as Bloomberg and others can also help lead you in the right direction to home ownership, mortgage refinancing and even reverse mortgages! I’ve seen the commercials on TV about reverse mortgages many times but never truly understood the “why”, behind them.
The information freely available to anyone on mortgagecalculators.info gives more than technical terms and terminology and really digs into the pros and cons with not only your finances involved but also your family and heirs.
Once you have chosen a calculator of choice you will be directed to a page with a vast amount of knowledge related to the ins and outs of that specific topic. For example when you click mortgage refinancing and proceed to the calculator offered you will also be given a lot of information detailing what is involved in a home refinance, when the best time to refinance, the benefits and risks and even go as far as to offer example scenarios with “Mr. Smith”.
If you are wanting more information on the topic of home mortgages, loans, refinancing or even just budget related info or help, MortgageCalculators.info should be your first stop!
16 thoughts on “#MortgageCalculators ~ FREE Home Financing Calculators & More!”
Definitely a big help to people who are planning to buy a home. Very detailed and informative. Surely many would find this interesting and helpful.
Thanks for sharing the detailed info! My sister is planning to take a mortgage, so I’ll definitely share this info with her
Thank you for all these details and tools. They are so useful for those who are planning to take a mortgage!
I used a mortgage calculator when I bought my home, they really help.
This looks like such a helpful tool. I wish we would’ve known about it several years ago when we were house hunting.
Wow! This mortgage calculator is really great and very helpful. We will be needing this soon.
These are good tools to have on hand. It is so important to do your research when it comes to finances.
This mortgage calculator looks more detailed and precise than the one I was attempting to use.
The fact that this information and help is freely available is such a great thing. This is great information to know and worth sharing.
What an all inclusive calculator – so helpful!!! It’s really hard to know what you can afford, no one wants to be “house poor” especially these days with income and everything so uncertain!
This sounds really helpful to those who are planning to buy their house. I will share this with my brother. Thank you!
Wow, thanks for sharing this! I’m not really aware that this exists. Lolz. Such a great help.
My husband works in business banking. We just re-fied and dropped to a lower interest rate. We also pay more each month then the minimum payment. A lot of people don’t think about the amount of interest money that they are going to be basically throwing away when they purchase a home.
Mortgage calculators are so useful. We used one when we were buying a home.
This is very important, I’m looking to buy a house and this us helpful information. Ill be sure to come back go this post when I see fit. Thanks for sharing!
This sounds like it’ll come in handy! I wish I knew about them when we bought our home.