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With The Mortgage Group's calculators, you can quickly estimate your potential monthly payment, pre-qualify for a loan, determine how much income you need to qualify, see the effects of prepayments and much more. Each calculator has an easy-to-understand set of instructions. If you need assistance or wish to ask more detailed questions, call The Mortgage Group at 703.270.1480 Choose a calculator by pressing the appropriate link below, a description of each calculator follows after the link. To close each calculator window, click on the X button at the top right of the calculator window. How Much is Affordable? : How m uch house can you afford? Pre-Qualify : Determine an amount you can borrow. Mortgage Payment : Calculate a monthly mortgage payment using this calculator. Balloon Payment : Is a balloon payment right for you? Bi-Weekly : Calculate a bi-weekly mortgage payment schedule. Rent vs. Buy : Compare the costs of renting a property vs. owning your own home. Amortization Schedule : Estimate monthly principle interest and mortgage payments for the term of your home loan. Loan Length : Input your monthly payment to calculate the amount of time it will take to pay off your loan. APR : (Annual Percentage Rate) Calculate the actual, APR after closing cost, points, and the quoted APR of a loan. Effects of Prepayment : Calculate the effects of paying additional monthly principle against your loan. Income Requirement : Calculate the income required to qualify for the home of your dreams. Payment Table : Calculate a payment schedule and print it out to take with you. Consolidate Debts : See the effect of consolidating your debts with a second mortgage.
Our calculators provide a good estimate of the calculations they perform, however we are not responsible for their accuracy. |
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