Easy Home Mortgage Payment Calculator

My home mortgage payment calculator is the only mortgage calculator you'll ever want again. However! Once you start playing with it, you'll find it hard to stop.

Kate's Home Mortgage Payment Calculator

Let's start using this mortgage calculator because this is the first step to saving money on your monthly house payments. You'll find it's easy to use and there's no need to add any personal information. Of course, my calculator is free!

Follow these tips to begin with. The more you use my home mortgage payment calculator, the more uses you'll find for it.

Okay, let's have some fun! Go ahead and click here to view the calculator below. Start with a mortgage amount of $250,000, a 30 year term, 6% interest rate, which gives a monthly mortgage payment of $1498.

Right below in "Prepayments", enter $125 a month which is approximately 1/12 of the mortgage payment. It's also equal to about one extra mortgage payment a year. Click "Calculate" and then "View Report".

See your savings! The mortgage pays off about 5 years early with over $61,000 saved in mortgage interest. Wow!

Kate's Fixed Rate Mortgage Calculator

Now try this! Click here again to view the calculator. Use the same figures but this time enter $250 in "Prepayments".

Remember to click "Calculate" and then "View Report". You'll see the mortgage pays off almost 10 years early with a savings of about $100,000 in mortgage interest.

Go ahead! Play around with it. It's fun. You'll want to share it with friends. Please do! After all, this fixed rate mortgage calculator is free and easy to use.

Kate's Best Mortgage Rate Blog

No need hunting through multiple websites searching for current home mortgage rates. You also find interest rates are updated every Friday on my Best Mortgage Rate Blog.

All the better to keep up to date with what's new in mortgages and additional tips to getting your best mortgage rate.

You can go here for current mortgage interest rates right now.

Return home to Get-Your-Best-Mortgage-Rate.com from Easy Home Mortgage Payment Calculator

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Mortgage rates are published for your convenience only, are not guaranteed and should not be relied upon. Rates can vary with no advance warning. Ask your lender for a personalized rate quote.