Loan Comparison Calculator
If you're considering refinancing a fixed rate home loan to another fixed rate loan, using the mortgage comparison calculator can compare refinance options to determine if taking cash out is an option, or if you can afford a shorter repayment term.
Comparing Loan Terms Can Help You Save
One aspect of getting a home finance loan that is easy to overlook is the potential interest savings on a shorter loan term.. Although you would make a larger monthly payment, the loan comparison calculator can show you how it's possible to cut long term interest payments by tens of thousands of dollars.
Using a mortgage comparison calculator can help you compare loan offers, including amounts, interest rates, and repayment terms. You can change the figures you enter in the calculator for comparing home finance options, or for identifying home refinance terms that compare favorably to your current mortgage loan.