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Loan Calculator |
Are
you renting right now? Check out if it
is worth your while to buy rather than rent.
Click Here
for the RENT vs. OWN Calculator
The
Fair and Accurate Credit Transactions Act of
2003 allows all consumers to receive ONE free
credit report each year. Go to the official
site created by the three largest credit reporting
agencies; Equifax, Trans Union and Experian.
Click
Here
for your Free Annual Credit Report
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Mortgage
Loan Payment Calculator Instructions
Instructions for the Mortgage
Calculator:
- Subtract your estimated
down payment from the property price and enter
the value in "Loan Amount" (Remember
that if the down payment is less than 20%
of the sale price you will have the added
expense of Mortgage Insurance which is not
figured into this calculation.)
- Enter the current interest
rate. Go to
www.bankrate.com for currents rates in
your area.
- Estimate Annual Tax and Insurance and enter these values.
-
To test the effect of
different loan periods try alternatives to
the default of "30" years.
-
Each time you change
a value hit "Calculate Now" to see
what the effect is.
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Prudential Gardner, Realtors
Corp HQ: Metairie, LA 70006, USA
PGRHQ:
504-887-7588
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