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Advanced Mortgage Prepayment (Extra Payments) Calculator

This advanced mortgage calculator lets you compare the effect of 2 different extra payments on the principal and interest on a mortgage. Amortization tables are shown so you can see how this affects your mortgage over time.

Buying Rental Property

So you are considering buying rental property. Congratulations. You are now among the millions of people each year who consider buying investment real estate. But are you ready for the next step to actually buy a rental property? Before you dive in, make sure you do some research first and find out what it is really like to be a landlord. Despite what you may have heard elsewhere, there is a lot to know and it is a lot of work. But that does not mean it is not worth it. If you want to be successful, you must understand what to expect before you begin renting.

When is it Right to Refinance?

With "everyone" talking about the historically low mortgage rates you are ready to decide if it "pays" to refinance. The "rule of thumb" supplied by mortgage companies is that if you can reduce your interest rate by 1% it is usually profitable.

But there is more to it than that. Like how long are you planning on staying in the house? Realistically, the first thing you need to determine is what rates do you qualify for and what are the other costs (like points and closing costs).

Basic Mortgage Prepayment (Extra Payment) Calculator

This basic mortgage prepayment calculator compares the effect of an extra payment or timely extra payments to the principal on a mortgage or loan. To see the effect of those payments the calculator will generate an amortization table.

Buying a home

Whether you're buying your very first home, or moving for what seems like the hundredth time, purchasing a home can be a stressful experience. Being organized can really help make the process run smoothly and, hopefully, hassle-free.

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Having a tough time selling.

Posted by: Jim

I am really hoping that changes are coming around to make it easier to sell my house. I guess I should say changes coming around that making it easier for other's to buy houses as well. I have had lot's interested but they could not secure the financing.

Anybody have any imput on whether the recent economy changes are going to help in the near future? I still live in the house and am having no problems making the mortgage but I would like to buy a home a little closer to where I work, one with more yard.