Mortgage Tools

For those interested in having a mortgage calculator that you can download and run on your computer anytime, check out these Shareware sites below. 

Calculators

• Mortgage Amortization Calculator  This calculator allows the addition of various extra payments at the same time and shows the accurate date for the scheduled payments.  Users are able choose from all kind of payment periodicity as well.
• Mortgage Calculators  A free (and ad-free!) site with eight mortgage calculators including refinance and amortization calculators. 
• Karl Jeacle's Mortgage Calculator  A slide-bar calculator that eliminates any keying.  You just use your mouse to input the data.  You'll make this one of your favorites and bookmark it.
• Mortgage Loan Place  A simple mortgage calculator that gives a fairly accurate idea of how much home someone can afford.

Spreadsheets

We have created an Microsoft Excel  Mortgage Spreadsheet for both fixed rate mortgages and ARMs that  you can download and use.  In order to keep the size to one page, we created sufficient cells to show balances for 12-14 payments - use the "copy/paste" function to expand it.  Another Excel Cost Worksheet for comparing either the costs of different properties or the mortgage cost from different lenders is also available for downloading.

Online Calculators and Mortgage Tools

If you enjoy science, you'll love Jim Martindale Reference Center  located on the University of California.  Among other interesting topics/links, this site holds over 10,000 calculators for just about every purpose imaginable.  The mortgage calculators section has an exhaustive list of calculators links - each calculator that Jim links includes an explanation of the calculator functions.

Here are other sites with mortgage tools:

• Mortgage Amortization Chart    Mortgage Amortization Chart is useful in creating an amortization schedule by selecting the amount, interest rate, and loan length. Amortization Chart allows you to create printable amortization schedules and charts.
• Refinance Calculator  This site has a refinance calculator with graphs on your calculations.  Easy to use
• SmartMoney is one of the most comprehensive Web sites for managing money.  A joint venture of Dow Jones & Company and Heart Publications, you can find just about everything you need to know about mortgages.  Use their "Search" engine to find the information you need.  They have a variety of calculators and tools.  Try the Refinance Worksheet.
• Another site is Mortgage Loan which features over 100 different calculators.   They group their calculators by function to include mortgage calculators, home equity loan and line of credit calculators, etc.
• Crest Capital's Ultimate Collection of Calculators includes a number of "Lease, Loan, Finance & Taxes" calculators.  It has a section called "Gambling" that offers links to calculators that helps you improve your odds at blackjack, poker, etc.

Bankrate.com has a calculator for every purpose  including:  mortgage, credit card, savings, auto financing, and currency.  Try their Moving Calculator which compares the cost of living between cities. Should You Refinance Your Mortgage calculator can be a very helpful tool when you are considering refinancing.

• Should You Refinance Your Mortgage
• What Are Your Payment And Prepayment Options
• How Much House Can You Afford
• Fixed or adjustable rate
• Should you pay points
• How much second home can you afford
• Compare the cost of living between cities