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CONSOLIDATING NON-MORTGAGE DEBT

1a) Debt Consolidation Calculator: House Purchasers. For those about to purchase a house who may want to consolidate non-mortgage debt in the purchase mortgage.

1b) Debt Consolidation Calculator: Home Owners With One Mortgage. For borrowers with a first mortgage who may want to consolidate non-mortgage debt, either by refinancing the first mortgage with "cash-out", or by taking out a new second.

1c) Debt Consolidation Calculator: Home Owners With Two Mortgages. For borrowers with a first and second mortgage who may want to explore a variety of consolidation options.

MAKING ADDITIONAL PAYMENTS TO PRINCIPAL

2a) Mortgage Payoff Calculator: Extra Monthly Payments. For borrowers who want to know when their loan will pay off, and how much interest they will save, if they make extra voluntary payments in addition to their required monthly payment.

2b) Mortgage Payoff Calculator: Biweekly Payments Applied Monthly. For borrowers who want to know when their loan will pay off, and how much interest they will save, if they shift to a biweekly payment plan, and if they make extra voluntary payments in addition to their required monthly payment.

2bi) Mortgage Payoff Calculator: Biweekly Payments Applied BiWeekly. For borrowers who want to know when their loan will pay off, and how much interest they will save, if they shift to a biweekly payment plan, and if they make extra voluntary payments in addition to their required biweekly payment.

2c) Mortgage Payoff Calculator: Extra Monthly Payments to Pay Off in Specified Period: For borrowers who want to know how much extra they must pay, above their required monthly payment, to pay off their loan within a specified period.

2d) Property Appreciation and Extra Monthly Payments on Underwater Mortgages: For borrowers with negative equity (they are "underwater") who want to know, how long it will take before some combination of normal amortization, extra payments and, property appreciation eliminate the negative equity.

2e) Extra Monthly Payments and Property Value Appreciation to Reach a Desired Equity in a Specified Period: For borrowers who want to know how much extra they must pay to reach a target equity position within a specified period.

MORTGAGE REFINANCING

3a) Mortgage Refinance Calculator: Refinancing One Mortgage. For borrowers trying to decide whether refinancing a mortgage will reduce their costs.

3b) Mortgage Refinance Calculator: Refinancing Two Mortgages. For borrowers with two mortgages trying to decide whether refinancing into one or two new mortgages will reduce their costs.

3c) Mortgage Refinance Calculator: Refinancing One Mortgage Into Two. For borrowers trying to decide whether they should refinance one mortgage into two mortgages to lower costs.

3d) Mortgage Refinance Calculator: Cash-Out Refi Versus Second Mortgage. For borrowers with a mortgage who need to raise cash, trying to decide whether they should do a "cash out" refinance or take out a second mortgage.

3e) Mortgage Refinance Calculator: Refinancing an ARM into a FRM. For borrowers with an ARM, worried about rising interest rates, trying to decide whether they should refinance into an FRM.

3f) Mortgage Refinance Calculator: Refinancing an FRM With Balance Pay-down. For borrowers with one FRM trying to decide whether refinancing into another FRM will reduce their costs, and whether it is advantageous to pay down the balance.

3g) Mortgage Refinance Calculator: Generate Break-Even Tables For borrowers who want to know how long they have to hold their new loan before they come out ahead - taking into account the costs of refinancing.

TERMINATING MORTGAGE INSURANCE

4a) Mortgage Insurance Calculator: Period to Termination. For borrowers who want to know how long they will have to pay mortgage insurance premiums on their current mortgage.

HOUSING AFFORDABILITY

5a) Housing Affordability Calculator. For borrowers trying to figure out whether they can afford a specific house or who want to know how much house they can afford.

BUYING NOW VERSUS BUYING LATER

6a) Down Payment Calculator: Small Down Payment Now or Larger One Later: For borrowers trying to decide whether they will be better off buying a home now with a small or no down payment, or saving for a down payment first and buying later.

6aii) Lease to Own Calculator: For home seller/investors who expect to realize more from the sale of their home by offering an option to purchase to a hopeful buyer than an immediate sale.

RENTING VERSUS BUYING

6b) Rent Vs Buy Calculator: For users trying to decide whether they will be better off buying a home or continuing to rent over the next several years - also calculates break-even rent and break-even month.

MORTGAGE PAYMENTS

7a) Monthly Payment Calculator: Fixed-Rate Mortgages. For borrowers who want to know the monthly mortgage payment on a fully-amortizing mortgage at different loan amounts, interest rates and terms.

7b) Monthly Payment Calculator: Adjustable-Rate Mortgages Without Negative Amortization. For borrowers who want to know how the interest rate and monthly payments may change on an adjustable rate mortgage that does not permit negative amortization.

7c) Monthly Payment Calculator: Adjustable-Rate Mortgages With Negative Amortization. For borrowers who want to know how the interest rate and monthly payments may change on an adjustable rate mortgage that permits negative amortization.

7ci) Monthly Payment Calculator: Adjustable Rate Mortgages With Flexible Payment Options: For borrowers who want to know how the interest rate and monthly payments may change on a monthly adjustable rate mortgage that permits negative amortization if they select alternative payment options.

7d) Monthly Payment Calculator: Mortgages Payments With Temporary Buydowns: For borrowers who want an amortization schedule that shows the lower monthly payments in the early years from setting up a buydown account, and the amount that must be deposited in the account.

7e) Monthly Payment Calculator: Graduated Payment Mortgages: For borrowers who want an amortization schedule that shows the stepped payments on a graduated payment mortgage.

MORTGAGE AMORTIZATION

8a) Mortgage Amortization Calculator: Amortization Schedule Including Tax Savings: For borrowers who want an amortization schedule that shows the tax savings on the interest they pay, for their tax bracket.

8b) Mortgage Amortization Calculator: Amortization Schedule Including Property Appreciation. For borrowers who want to know how long it will take for amortization on an FRM combined with property value appreciation to reduce the ratio of loan balance to property value to some desired level.

MORTGAGE INTEREST COSTS

9a) Interest Cost Calculator: Fixed-Rate Mortgage Versus ARM With No Negative Amortization. For borrowers trying to decide whether they should select an adjustable rate mortgage (ARM) without negative amortization or a fixed rate mortgage (FRM) based on the lowest after-tax interest cost.

9ai) Future Value Calculator: Fixed-Rate Mortgage Versus ARM With No Negative Amortization. For borrowers trying to decide whether they should select an adjustable rate mortgage (ARM) without negative amortization or a fixed rate mortgage (FRM) based on the lowest total cost over a specified future period.

9b) Interest Cost Calculator: Fixed-Rate Mortgage Versus ARM With Negative Amortization. For borrowers trying to decide whether they should select an adjustable rate mortgage (ARM) with negative amortization or a fixed rate mortgage (FRM) based on the lowest after-tax interest cost.

9bi) Future Value Calculator: Fixed-Rate Mortgage Versus ARM with Negative Amortization. For borrowers trying to decide whether they should select an adjustable rate mortgage (ARM) with negative amortization or a fixed rate mortgage (FRM) based on the lowest total cost over a specified future period.

9c) Interest Cost Calculator: Comparing Two Fixed-Rate Mortgages. For borrowers trying to decide which of two fixed-rate mortgages they should select based on the lowest after-tax interest cost.

9ci) Future Value Calculator: Comparing Two Fixed-Rate Mortgages. For borrowers trying to decide which of two fixed-rate mortgages they should select based on the lowest total cost over a specified future period.

9d) Future Value Calculator: Comparing Two Adjustable-Rate Mortgages with No Negative Amortization. For borrowers trying to decide which of two adjustable-rate mortgages with no negative amortization they should select based on the lowest total cost over a specified future period.

APR's AND LENDER FEES

10a) APR Calculator: Fixed Rate Mortgages. For lenders, mortgage brokers, loan officers or borrowers who need to calculate an APR on a Fixed Rate Mortgage.

10b) APR Calculator: Adjustable Rate Mortgages. For lenders, mortgage brokers, loan officers or borrowers who need to calculate an APR on an Adjustable Rate Mortgage.

10c) Mortgage Fees Calculator: Estimating Lender Fees From the APR on a Fixed Rate Mortgage. For borrowers who want to know the fees charged by a lender, in addition to the rate and points quoted in the media.

10d) Mortgage Fees Calculator: Estimating Lender Fees From the APR on an Adjustable Rate Mortgage. For borrowers who want to know the fees charged by a lender, in addition to the rate and points quoted in the media.

MORTGAGE POINTS AND FEES

11a) Mortgage Points Calculator: Break-Even Period on Fixed-Rate Mortgages. For borrowers who want to know whether they will save or lose money over a specified period by paying points in order to reduce the interest rate on an FRM.

11b) Mortgage Points Calculator: Break-Even Period on Adjustable-Rate Mortgages.For borrowers who want to know whether they will save or lose money over a specified period by paying points in order to reduce the interest rate on an ARM.

11c) Mortgage Points Calculator: Rate of Return on Fixed-Rate Mortgages. For borrowers who want to know whether paying higher points to get a lower interest rate on an FRM is a good investment.

11d) Mortgage Points Calculator: Rate of Return on Adjustable-Rate Mortgages. For borrowers who want to know whether paying higher points to get a lower interest rate on an ARM is a good investment.

DOWN PAYMENT AND MORTGAGE INSURANCE

12a) Down Payment Calculator: Rate of Return on Larger Down Payment. For borrowers with enough cash to make a down payment in excess of the minimum required on a particular loan, who want to know whether using the cash to increase the down payment is a good investment.

12b) Cash Contribution Calculator: Seller Contributions vs Lender Contributions. For home purchasers who need assistance in meeting cash requirements and can obtain it either from the house seller or the lender.

13a) Mortgage Piggyback Calculator: Two Mortgages Versus One Larger Mortgage. For borrowers trying to decide whether they should take a second mortgage, either to avoid mortgage insurance or to avoid the higher interest rate on a jumbo as opposed to a conforming loan amount.

13b) Mortgage Piggyback Calculator: Comparing Two Piggybacks. For borrowers trying to decide between two combinations of a first and second mortgage.

14a) Mortgage Insurance Calculator: Mortgage Insurance Versus Higher Rate. For borrowers trying to decide whether they should elect to pay mortgage insurance on a fixed-rate mortgage, or avoid mortgage insurance by paying a higher interest rate.

14b) Less-Than-20% Down Calculator: Mortgage Insurance Versus Higher Interest Rate Versus Piggyback. For borrowers who cannot put 20% down, selecting between borrower-pay mortgage insurance, lender-pay mortgage insurance where the borrower pays a higher interest rate on the first mortgage, and a piggyback consisting of an 80% first mortgage plus a higher-rate second mortgage.

14c) Future Value Calculator: Comparing Mortgage Insurance Options. For borrowers trying to decide which of three mortgage insurance options they should select based on the lowest total cost over a specified future period.

MORTGAGE TERM

15a) Mortgage Term Calculator: Investing in a Shorter Term. For borrowers with sufficient income to afford the higher monthly payment on a shorter term FRM, who want to know whether the higher payment is a good investment.

15b) Mortgage Term Calculator: Investing the Cash Flow Savings on a Longer Term Mortgage. Borrowers with sufficient income to afford the higher monthly payment on a shorter term FRM, who want to know the rate of return they must earn on the cash flow savings from a longer term to make the longer term pay.

HOME EQUITY CALCULATOR

16) Dynamic Home Equity Calculator. For lenders, mortgage brokers, loan officers or borrowers who want to see how equity grows over time considering appreciation in value and mortgage reduction.



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