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Banks will often use the term of the loan, the downpayment, the total cost of the home, your personal interest rate, yearly property taxes as well as yearly homeowner's insurance to calculate the mortgage and the mortgage payments.

There are many sites that have mortgage calculators, which include many of the variables that you can enter to figure out exactly what your payment would be.

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11y ago

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Where can one find information on how to calculate mortgage payments?

Information on calculating mortgage payments is often available on the website of banks that offer mortgage, some examples include NatWest and HSBC. There are also specialist sites, such as BankRate that allow one to calculate mortgage payments for free on their website.


Do banks have mortgage calculators online?

RBC and TD Canada Trust are two banks that have mortgage calculators online, but you can also check out http://www.bankrate.com/calculators/mortgages/mortgage-calculator.aspx to see how adding extra payments to your mortgage would shorten the term for paying it off.


Why do banks prefer legal mortgage to equitable mortgage?

Equitable mortgages are legal.


Where can one compare mortgages from different banks?

There are many online options for comparing mortgages from different banks. You can compare mortgage rates on websites such as Compare Mortgage Rates, Bankrate, and Mortgage Rates Current.


Where can you get mortgages from?

A mortgage can be acquired through lenders and banks that allows individuals to get such mortgage provided they qualify for the requirements lenders / banks are looking for people applying for a mortgage.


What exactly are reverse mortgage leads?

"Reverse mortgage leads are people who need to refinance their mortgages. Companies get this information, and then sell these peoples numbers to banks that do mortgages."


Where are the mortgage banks located in America?

Many banks offer mortgages and can be considered a mortgage bank. These mortgage banks such as Bank of America, can be found in any Metropolitan area and in most neighborhoods of any city in America.


Where can one get a stated income mortgage refinance?

Most mortgages these days are stated income mortgages. Most if not all banks will have this sort of mortgage. Popular banks to try would be Yorkshire Bank, Natwest and Royal Bank of Scotland.


Do most banks offer emc mortgages?

most banks do offer emc mortgages, the best thing to do would be to contact the bank you are interested in working with and see what mortgage offers they have available.


Which banks offer good assistance as to how to refinance mortgages?

Banks that offer refinance mortgage assistance will provide the best education about mortgage refinancing. Real estate agencies can also assist in locating the best banks to contact about refinancing a mortgage.


Where is it possible to get a mortgage in the UK?

Mortgages are usually gotten from banks. It would be best for you to look around at banks in your area and figure out which banks have the best offer.


What has the author Robert H Pease written?

Robert H. Pease has written: 'Mortgage banking' -- subject(s): Mortgages, Mortgage banks