Financial Tools

Welcome to my Financial Tools Center. For answers to some of the most frequently asked financial questions, follow the links below for helpful tools and calculators.Or contact me to discuss your needs in more detail.

Mortgage Interest Calculator

Please follow the directions carefully
You may calculate how much your new house is going to cost you.
Just use this Mortgage calculator to run the numbers.
It will show your monthly payments for your home.Use your computers tab key to advance to the next data field.

 

Sale Price Actual Price of property
% Down
Payment
Percentage of down payment
not Currency amount – % of loan i. e. 10, 15, 20 etc.
Loan Balance Actual Amount of Loan
This reflects after the down payment amount
Interest
Rate
Interest Rate in Percentage
i.e. “7.9”, “8.3”, “6.4” etc.
No. of
Payments

360 = 30 year mortgage.
Total Number of Payments
You may edit this amount. (Eg. 15*12 = 15 years)
Monthly
payment
Projected Monthly Payment Amount **
 

These calculations are estimates based upon your input.
**Actual
payment amounts may vary. This is only a guideline.
Please contact a bank or mortgage company
for the correct figures.

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