Mortgage Calculators

• FHA loan limits calculator
• Closing costs calculator – calculate estimate for MD, VA, and D.C. settlements

• Mortgage calculator– standard mortgage payment calculator
• Pre-pay calculator – additional payments to principal. Includes payoff schedule.
• Points calculator– should you pay points? Break-even analysis.
• Interest-only calculator– mortgage calculator with interest-only option
• Interest-only calculator– additional payments to principal
• Option ARM calculator– MTA, COFI, COSI calculator
• APR% calculator
• APR% calculator– pdf option w/detailed analysis and amortization schedule
  Annual percentage rate includes origination fees, points, prepaid interest

• HELOC calculator– calculate home equity loan to pay off debt
• Refinance calculator– detailed w/pdf option
• Refinance calculator
• Rent vs. Buy calculator– w/pdf option
• Pre qualification calculator or
  Affordability calculator
  – these 2 are great calculators, but not ideal. Talk with a Choice Finance® loan officer to walk you through a fast, easy, & free online approval letter.

• Loan comparison calculator–
  w/ amortization schedule
• Loan comparison calculator
• Bi-weekly calculator– what happens if you pay every 2 weeks instead of once a month? ..lower your effective interest rate, typically save 5 to 7 years in payments, and save many thousands of dollars in interest. Don’t pay $395 for a program that will set this up for you. Do your analysis with this tool, and then contact your lender directly (usually for a small fee). If you are doing your loan through us, talk to your Choice Finance® Loan Officer about this program for your new mortgage.
• Principal balance– calculate your current balance
• Remaining years– input different payments to calculate time left on loan
• Pay down debt or invest in real estate calculator
• Tax benefits analysis calculator
• Credit card calculator
• Credit card calculator – payment required to reach your payoff goal
• Reverse mortgage calculator
• Canadian mortgage calculator– monthly p&i and Canada’s required down payment

• PMI vs. Second loan calculator– does it make sense to use a second loan so you will not have to pay private mortgage insurance? Typical MI factors