Q: What is the use of the mortgage calculator?

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There are many reasons that one might use a mortgage calculator when looking for a mortgage loan. The main purpose of a mortgage calculator is to determine the worth of a mortgage loan.

"The accuracy of a mortgage calculator depends on which one you use, or what type of information you enter into it.

Reverse Mortgage Calculator Use this calculator to help determine the balance of a reverse mortgage. This calculator is specifically designed to show you how the outstanding balance of a reverse mortgage can rapidly grow over a period of time.

There are four calculators offered on the Nationwide Mortgage Calculator site. The calculators offered are the Rent vs. Buy calculator, a mortgage refinance calculator, a fixed mortgage calculator, and adjustable mortgage calculator.

The best way to calculate a long term mortgage payment is to use an online mortgage calculator. Calculator's can be found at 'Financial Calculators' and 'Money Buddy'.

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To use a mortgage calculator, you type in the length of your mortgage, the amount of principal that you owe, and your mortgage rate. It will then tell you what your payments will be.

There are many reasons that one might use a mortgage calculator when looking for a mortgage loan. The main purpose of a mortgage calculator is to determine the worth of a mortgage loan.

"The accuracy of a mortgage calculator depends on which one you use, or what type of information you enter into it.

Reverse Mortgage Calculator Use this calculator to help determine the balance of a reverse mortgage. This calculator is specifically designed to show you how the outstanding balance of a reverse mortgage can rapidly grow over a period of time.

One can use a repayment mortgage calculator online. All you have to do is insert the numbers it asks for and then hit enter to get the calculation on your mortgage.

The website Bankrate has an online mortgage calculator that is free to use for everyone. Canada Trust also has an online mortgage calculator that you can use.

This mortgage calculator is great and easy to use also: www.mortgage-calc.com/

You can find home mortgage calculator on the internet at www.mortgage-calc.com. You can use www.mortgage-calc.com/mortgage/simple.html

If you are financing it then yes you can use a mortgage calculator. You can find a free one if you go to www.bankrate.com.

A mortgage calculator is a calculator with which you use to calculate your monthly mortgage payment. For example, your home mortgage amount is 300,000 dollars, your mortgage term is 30 years and the annual interest rate is 6%. You would like to find out how much you have to pay per month. In this case, you can use the help of a mortgage calculator, and it tells you that you have to pay 1798.65 dollars per month.

If you have a mortgage account then there will be a mortgage payoff calculator for you to use to determine what the early payoff quote would be. I would try that.

Mortgage APR Calculator Use this calculator to determine the Annual Percentage Rate (APR) for your mortgage. Press the report button for a full amortization schedule, either by year or by month.