Lawyers Land Title Co. provides the following free, easy to use mortgage calculators. Use them to determine what your monthly payment will be so that you can make the right decisions regarding your purchase.
Determining what you can afford ahead of time is very important to do before deciding on a home to purchase. These calculators will help you to determine exactly what you can realistically afford.
Calculator - This calculator will help you to compare the total interest charges of four different loans.
Mortgage Refinancing Calculator - This calculator will help you to decide whether or not you should refinance your current mortgage at a lower interest rate. Not only will this calculator calculate the monthly payment and net interest savings, but it will also calculate how many months it will take to break even on the closing costs. .
Bi-Weekly Mortgage Calculator -
This calculator will show you how much you will save if you make 1/2 of your mortgage payment every two weeks instead of making a full mortgage payment once a month. In effect, you will be making one extra mortgage payment per year--without hardly noticing the additional cash outflow. But, as your about to discover, you will certainly notice the increased cash flow that will occur when you pay your mortgage off way ahead of schedule!